Women's apparel retailer Bebe Stores Inc named retail industry veteran
Steve Birkhold as its new chief executive as it looks to turn around its business amid declines in same-store sales. The company also reported weaker-than-expected second-quarter sales, hit by a 15 percent drop in same-store traffic. Birkhold, who replaces founder
Manny Mashouf, joins Bebe from French fashion brand Lacoste, where he was heading its North American business....
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Bebe stores swings to loss in Q1
November 2, 2012
From Chain Store Age
Brisbane, Calif. -- Bebe stores reported Friday a net loss of $2.6 million for the quarter ended Sept. 29, compared with net income of $2.4 million for the year-ago period.
Sales slipped 7.3% to $117.1 million from $126.3 million, and same-store sales...
Bebe sees slowed sales in Q1; in hunt for CEO
October 3, 2012
From Chain Store Age
Brisbane, Calif. -- Fashion retailer Bebe reported Wednesday that total sales for the first quarter fell 9.4% to $105.1 million. Same-store sales dropped 8.7%, missing expectations of a more moderate 6.8% decline.
The 250-store chain has officially...
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