AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Rediscovering Fashion Groove Revived Bebe.(THE SMART INVESTOR)(WINNING WAYS)
Byline: KEN HOOVER
Bebe Stores was a winner during 1998 and 1999, running up 166% in just 12 weeks. Then it ran into trouble. Earnings declined and the stock fell to single digits before it could engineer a turnaround.
The purveyor of fashionable clothes for the career woman couldn't find a fashion trend it could hang its hat on, said analysts.
It had inventory problems. It had trouble getting the right merchandise to stores in the right volume at the right time.
It grew substantially after its debut as a new issue in 1998. As an IPO it had 86 stores. By 2004, there were 176 Bebe stores and 26 Bebe Sport stores.
The Brisbane, Calif., company finally got into the fashion groove, finding clothing that appealed to the older end of its customer base -- ages 25-35.
In February 2004, Greg Scott returned to the firm as CEO. He'd been credited with boosting performance as vice president of merchandising between 1996 and 2000.
- Saks Incorporated Announces October Comparable Store Sales Increase.
- Press release article from: Business Wire November 5, 2009 700+ words
...17.5% decrease. Comparable store sales decreased 18.5% for the nine...merchandise categories showed relative strength including women's designer sportswear...continues to estimate that comparable store sales will decline in the mid-to...
- Saks Incorporated Announces September Comparable Store Sales.
- Newspaper article from: Science Letter October 20, 2009 700+ words
...decrease. Comparable store sales decreased 15.0...decrease. Comparable store sales decreased 20.6...Saks OFF 5TH showed relative strength in September. Management...estimate that comparable store sales will decline in the...
- Saks Incorporated Announces August Comparable Store Sales.
- Newspaper article from: Science Letter September 15, 2009 700+ words
...decrease. Comparable store sales decreased 19.6...decrease. Comparable store sales decreased 22.0...Saks OFF 5TH showed relative strength in August. Management...estimate that comparable store sales will decline in the...
- Toys"R"Us, Inc. Announces December and Holiday 2008 Comparable Store Sales.
- Press release article from: Business Wire January 8, 2009 700+ words
...reported a comparable store sales increase of 1.9...reported a comparable store sales decline of 4.9...around the world, with relative strength in Canada and Central...division comparable store sales for the nine-week...
- Wilsons Leather Announces January Comparable Store Sales Decreased 17.1%.
- Press release article from: Business Wire February 7, 2002 700+ words
...2001. Comparable store sales for the fourth quarter...decline in comparable store sales for the month of January...outerwear, two sources of relative strength in our business, to...included in comparable store sales. As they have been...
- Saks Incorporated Announces May Comparable Store Sales.
- Newspaper article from: Science Letter June 23, 2009 700+ words
...negative on May comparable store sales. Adjusting for the...estimates comparable store sales would have declined...estimate that comparable store sales will decline in the...and OFF 5TH showed relative strength in May. Prior year...
- Saks Incorporated Announces June Comparable Store Sales.
- Newspaper article from: Science Letter July 21, 2009 700+ words
...decrease. Comparable store sales decreased 15.2...decrease. Comparable store sales decreased 23.2...estimate that comparable store sales will decline in the...Saks Direct showed relative strength in June. Prior year...
- Saks Incorporated Announces January Comparable Store Sales.
- Press release article from: Business Wire February 5, 2009 700+ words
...decrease. Comparable store sales decreased 15.3...decrease. Comparable store sales decreased 6.1% for...prior year, comparable store sales increased 4.1...Saks Fifth Avenue with relative strength in January were eveningwear...