Press Releases: other

  • 11/8/18 1:30 pm PST
    BRISBANE, Calif.--(BUSINESS WIRE)--GAEBB Group, BV (“GAEBB”), a joint venture formed by bebe stores, inc. (OTCQB: BEBE) and Great American Group, LLC has acquired the rights to purchase the assets of European fashion retailer Charles Vögele GmbH. GAEBB has purchased substantially all common stock and assets, including remaining store inventory and merchandise, real estate, intellectual property and certain other assets. The purchase of Charles Vögelemore...
  • 10/29/18 4:00 am PDT
    BRISBANE, Calif.--(BUSINESS WIRE)--bebe stores, inc. (OTCQB: BEBE) (the “Company”) announced today that it has partnered with Bluestar Alliance to acquire the Brookstone® brand and related assets. The acquisition closed on October 19, 2018. Brookstone, the iconic American brand founded over 50 years ago in New Hampshire, is known for innovative and solution-oriented products, most notably in the entertainment, wellness, home, and travel categories.more...
  • 9/28/18 3:30 pm PDT
    BRISBANE, Calif.--(BUSINESS WIRE)--bebe stores, inc. (OTCQB: BEBE) (the “Company”) today announced that its Board of Directors declared a special cash dividend of $0.25 per share of the Company’s common stock. The dividend is payable on October 24, 2018 to shareholders of record at the close of business on October 10, 2018. The dividend is based on the trailing two quarters of licensing income from BB Brand Holdings LLC, the joint venture 50% owned by themore...
  • 4/26/18 4:00 am PDT
    LOS ANGELES & BRISBANE, Calif.--(BUSINESS WIRE)--B. Riley Financial, Inc. (NASDAQ: RILY) (“B. Riley”) and bebe stores, inc. (OTCQB: BEBE) (“bebe”) today issued a joint statement to update shareholders regarding bebe. “We felt it was important to share our progress and achievements with our shareholders since embarking on bebe’s business transformation,” said Manny Mashouf, Chief Executive Officer of bebe. “With guidance from B. Riley, we have put in place plans to substantiallymore...
  • 2/28/18 12:42 pm PST
    BRISBANE, Calif.--(BUSINESS WIRE)--bebe stores, inc. (OTC: BEBE) (the Company) announced today that it has filed a certification on Form 15 (Form 15) with the Securities and Exchange Commission (SEC) to terminate the registration of its common stock under Section 12(g) of the Securities Exchange Act of 1934, as amended (the Exchange Act). As a result, effective immediately upon the filing of the Form 15, the Company’s obligation to file current and periodic reports under themore...
  • 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...