Press Releases: other

  • 1/16/18 4:09 am PST
    BRISBANE, Calif.--(BUSINESS WIRE)--bebe stores, inc. announced today that its Board of Directors has adopted a tax benefit preservation plan to help preserve the value of its net operating losses and other deferred tax benefits. The tax benefit preservation plan was adopted to protect an important bebe asset that may have meaningful value to all bebe stockholders. The value of these tax benefits would be substantially limited if it were to experience an “ownership changemore...
  • 12/8/17 1:00 pm PST
    BRISBANE, Calif.--(BUSINESS WIRE)--bebe stores, inc. (Nasdaq: BEBE) (the Company) announced that it has notified the NASDAQ Stock Market on December 8, 2017 of its intention to voluntarily delist its common stock from the NASDAQ Capital Market. The Company intends to cease trading on the NASDAQ Stock Market on Monday, December 18, 2017. Therefore the last day of trading on the Nasdaq Stock Market will be Friday, December 15, 2017. Once delisted, the Company anticipatesmore...
  • 6/7/17 4:00 am PDT
    BRISBANE, Calif.--(BUSINESS WIRE)--bebe stores, inc. (Nasdaq:BEBE) (the Company) announced today that it has reached agreement with substantially all of its retail store landlords to terminate the existing leases. The cost to terminate the leases is estimated to be approximately $65 million. As of today, the Company has signed an agreement to sell its distribution center in Benicia, California for approximately $22 million. The Company is also actively seeking to sellmore...
  • 3/22/17 1:30 pm PDT
    BRISBANE, Calif.--(BUSINESS WIRE)--bebe stores, inc (Nasdaq: BEBE), announced today that its Board of Directors is exploring strategic alternatives for the company. bebe has retained B. Riley & Co. as its financial advisor and has also engaged a real estate advisor to assist with options related to its lease holdings. bebe said that there is no assurance that this process will result in any specific transaction, and it does not expect to disclose further developments duringmore...
  • 12/8/16 1:00 pm PST
    BRISBANE, Calif.--(BUSINESS WIRE)--bebe stores, inc. (NASDAQ:BEBE) today announced a one-for-ten reverse stock split, in which every ten (10) shares of the company's common stock will be combined and reclassified into one (1) share of the company's common stock. The reverse stock split was approved by the Company’s shareholders at its Annual Meeting of Shareholders held on December 15, 2015, and the specific one-for-ten ratio was agreed upon and approved by the Company’s Board ofmore...
  • 8/4/16 2:00 pm PDT

    Fall Escape

    LOS ANGELES--(BUSINESS WIRE)--In fall 2016 bebe stores, inc. (Nasdaq:BEBE) takes a fresh approach to its branding campaign with playful, relatable imagery that embraces authenticity. The campaign, Fall Escape, is a narrative following two girlfriends on their weekend escape from the city to a hilltop hideaway, sharing an intimate look at their journey together and their preparations for a fun night out. “The mood is flirty, carefree and natural, accessible while maintainingmore...
  • 7/22/16 1:30 pm PDT

    Bluestar finalizing long-term License Agreement

    BRISBANE, Calif.--(BUSINESS WIRE)--bebe stores, inc. (Nasdaq: BEBE), today announced that its recently forged partnership with Bluestar Alliance is proving successful. The rapid pace and efforts in which the brand management company has put forth in recent weeks has yielded important extensions for bebe on a domestic and global scale. Manny Mashouf, founder, Chairman of the Board and Chief Executive Officer of bebe, stated, “I am pleased with the efforts by my team tomore...
  • 6/8/16 5:00 am PDT

    Brand Management Partner Funds $35 Million Investment in Joint Venture

    BRISBANE, Calif.--(BUSINESS WIRE)--bebe stores, inc. (Nasdaq:BEBE), today announced that it has entered into a joint venture with Bluestar Alliance LLC (“Bluestar”) and has received $35 million in connection with the formation of the joint venture. Manny Mashouf, founder, Chairman of the Board and Chief Executive Officer of bebe, stated, “Over decades we built one of the great global brands in the women’s fashion world. However, the value of our brand, its reachmore...
  • 4/26/16 2:00 pm PDT
    BRISBANE, Calif.--(BUSINESS WIRE)--bebe stores, inc. (NASDAQ:BEBE) today announced that it will release its third quarter fiscal 2016 results on Thursday, May 5, 2016 at 1pm (PT). About bebe bebe stores, inc. is a global specialty retailer, which designs, develops and produces a distinctive line of contemporary women’s apparel and accessories under the bebe and BEBE SPORT brand names. bebe currently operates 149 bebe retail stores, the on-line store, bebe.commore...
  • 2/19/16 4:00 am PST

    Manny Mashouf Rejoins Management Team as Chief Executive Officer and Walter Parks Rejoins the Company as President, Chief Operating Officer, and Interim-Chief Financial Officer

    BRISBANE, Calif.--(BUSINESS WIRE)--bebe stores, inc. (NASDAQ:BEBE) today announced that Manny Mashouf has rejoined bebe’s management team as Chief Executive Officer and that Walter Parks has rejoined as President, Chief Operating Officer and Interim-Chief Financial Officer. Former Chief Executive Officer and Board Member Jim Wiggett and former Chief Financial Officer Liyuan Woo are no longer with the Company. bebe further announced that it has instituted a workforcemore...