Franchise, Licensing, and Joint Agreements between Apparel Stores and Distributors - Research Report on Chico's FAS, Men's Wearhouse, DSW, The Children's Place, and Aeropostale Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, July 4, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting Chico's FAS, Inc. (NYSE: CHS), The Men's Wearhouse, Inc. (NYSE: MW), DSW Inc. (NYSE: DSW), The Children's Place Retail Stores, Inc. (NASDAQ: PLCE), and Aeropostale, Inc. (NYSE: ARO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Chico's FAS, Inc. Research Report
On June 28, 2013, Chico's FAS, Inc.'s (Chico's FAS) Board of Directors declared a quarterly cash dividend of c.$0.06 per share of its common stock, representing a 4.8% increase over the dividend rate from September 2012. The dividend is payable on September 30, 2013, to Chico's FAS shareholders of record as of September 16, 2013. The Full Research Report on Chico's FAS, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/49a5_CHS]
The Men's Wearhouse, Inc. Research Report
On June 25, 2013, The Men's Wearhouse, Inc. (Men's Wearhouse) provided further comments regarding the termination of George Zimmer as Executive Chairman on June 19, 2013. The Board stated, "Our actions were not taken to hurt George Zimmer. Rather we were focused on what we believed to be in the best interests of Men's Wearhouse, as well as shareholders and employees. While Mr. Zimmer owns 3 ½% of the stock, it is our obligation to represent the interests of all shareholders. "Mr. Zimmer had difficulty accepting the fact that Men's Wearhouse is a public company with an independent Board of Directors and that he has not been the Chief Executive Officer for two years. He advocated for significant changes that would enable him to regain control, but ultimately he was unable to convince any of the Board members or senior executives that his positions were in the best interests of employees, shareholders or the company's future." The Board stated that the best course of action was to reaffirm its support for its CEO Doug Ewert, the senior management team, the shareholders, and the employees of the Company. The Full Research Report on The Men's Wearhouse, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/ed39_MW]
DSW Inc. Research Report
On June 27, 2013, Affiliated Business Group (ABG), a division of DSW Inc., (DSW) and LOEHMANN'S announced a joint agreement for ABG to operate as the sole supplier for LOEHMANN'S footwear department in its US locations and e-commerce site. The Companies expect the initial roll out to commence in a few stores starting December 2013 with the balance of the chain and e-commerce launching in Q1 2014. ABG will be responsible for the planning, procurement, and delivery of the entire women's and men's footwear inventory, and LOEHMANN'S will be responsible for staffing shoe departments. "Through their association with DSW Inc., ABG's expertise in creating a compelling assortment in footwear at everyday value will elevate our product offering to our savvy fashion conscious customers who already find great designers at amazing prices at our LOEHMANN'S stores as well as our web site," said Steven Newman, CEO of LOEHMANN'S. The Full Research Report on DSW Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/ed35_DSW]
The Children's Place Retail Stores, Inc. Research Report
On July 1, 2013, The Children's Place Retail Stores, Inc. (The Children's Place) announced that it has signed a 10-year franchise agreement with Fox-Wizel Ltd. (Fox-Wizel) to open stores across Israel. The Children's Place has scheduled the opening of its first stores in Israel during Q1 2014. "International growth is one of our key initiatives and following our very successful launch in the Middle East in 2012, we are excited to be expanding into Israel next year. Israel is a well-developed retail market with a strong children's apparel business," said Jane Elfers, President and CEO of The Children's Place. "The Children's Place is the leading children's fashion brand in the US and I have no doubt that it will bring innovation and excitement to the children's fashion market in Israel," added Harel Wizel, CEO of Fox-Wizel. The Full Research Report on Children's Place Retail Stores, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/1284_PLCE]
Aeropostale, Inc. Research Report
On July 1, 2013, Aeropostale, Inc. (Aeropostale) announced its intention to launch the Aeropostale brand in Mexico through a licensing agreement with Distribuidora Liverpool, S.A. de C.V. (Liverpool). The Company's plans to expand in Mexico include the opening of branded shop-in-shops in Liverpool department stores across Mexico beginning in summer 2013, in addition to rolling out standalone stores. Aeropostale stated that its first standalone store is scheduled to open in Santa Fe Mall in Mexico City in summer 2013. "We consider Mexico a pivotal market as we look at our overall global expansion strategy," said Thomas P. Johnson, CEO of Aeropostale. "The Liverpool team possesses incredible insight and experience into the consumer as the operator of Mexico's largest and preeminent department store." The Full Research Report on Aeropostale, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/297b_ARO]
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