Corporate Profile for Designs, Inc., dated June 30, 1995.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services. These include Dow Jones News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine, CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI Data Courier, NewsBank, Information Access Company and many others. -0- Published date: June 30, 1995 Company name: Designs, Inc.
Address: 1244 Boylston St.
Chestnut Hill, MA 02167
Telephone No.: 617/739-6722 Chief Executive Officer: Joel H. Reichman Chief Financial Officer: William D. Richins Investor Relations Contact: Lynn M. Harrison Business number: 617/739-6722 Public Relations Contact: Lynn M. Harrison Business number: 617/739-6722 Trading symbol: DESI Industry: Specialty Retailing - Apparel Company description: Designs, Inc. is a specialty retailer featuring quality casual apparel and accessories for the entire family. The company emphasizes the power of brand-name merchandising with its broad selection of Levi 1 Son of Jacob and Leah and eponymous ancestor of the Levites. His name appears infrequently—at his birth, when he and Simeon massacred the Shechemites out of revenge, when Jacob migrated to Egypt, and finally when he is named in the prophecy of his father. 2 See Matthew, Saint. 3, 4 Names in the Gospel genealogy.'s, Dockers, Timberland and Boston Traders merchandise. Designs, Inc. operates four store formats: the multi-brand Designs stores; the upscale, fashion-forward Original Levi's Stores for the Levi's jeanswear customer; and the Levi's Outlet stores and Boston Traders Outlet stores for the value-conscious consumer. Levi's and Dockers clothing and accessories are sold in the Designs and Levi's Outlet stores. Designs stores also feature Timberland and Boston Traders product lines. Boston Traders product lines are offered in the Boston Traders Outlet Store locations. A joint venture between subsidiaries of Designs, Inc. and Levi's Only Stores, Inc., a wholly owned subsidiary of Levi Strauss & Co., operates the Original Levi's Stores. The company's stores are located throughout the United States. Sales for the fiscal year ended January 28, 1995 totaled $265.9 million. Net income for the fiscal year totalled $16.9 million, or $1.06 per share. The price range for Designs, Inc.'s common stock for the same period was a high of 17 1/2 and a low of 6 5/8. CONTACT: Designs, Inc. |
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