Divestitures, Social Programs, Expansions, Official Notices, and Appointments - Analyst Notes on Stage Stores, ANN, DSW, Luxottica, and Buckle
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, March 11, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Stage Stores Inc. (NYSE: SSI), ANN INC. (NYSE: ANN), DSW Inc. (NYSE: DSW), Luxottica Group SpA (NYSE: LUX), and The Buckle, Inc. (NYSE: BKE). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
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Stage Stores Inc. Analyst Notes
On March 6, 2014, Stage Stores Inc. (Stage Stores) announced that it has reached an agreement to sell its Steele's off-price retail stores (Steele's) to a new retail unit of Hilco Global. According to Stage Stores, Steele's & Deals, LLC, part of the Hilco Global Retail Group, will acquire the Steele's retail chain from Stage Stores through a 100% equity purchase, and on completion of the deal, Hilco will take over the responsibility for all but one of the remaining Steele's real estate leases. In addition, Hilco will also assume control over the Steele's buying operation located in New York City. The Company expects the transaction to close during Q1 2014, subject to customary closing conditions. Michael Glazer, President and CEO of Stage Stores, said, "We are proud of how much the Steele's team has accomplished since we launched this off-price concept in 2011 and I'm grateful to everyone associated with Steele's for their hard work and tireless efforts." The full analyst notes on Stage Stores Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03112014/SSI/report.pdf
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ANN INC. Analyst Notes
On March 4, 2014, ANN INC. (ANN) reported that it has pledged to positively impact the lives of 100,000 women through its ResponsiblyANN corporate social responsibility initiative by 2018. ANN said that the pledge has been made in honour of International Women's Day. Kay Krill, President and CEO of ANN, said, "As a Company that celebrates women, we are pleased to announce our ResponsiblyANN 100,000 Women Commitment and kick off a week-long celebration in honor of women around the world. At ANN INC., we live by our purpose of inspiring and connecting with women to help them put their best selves forward every day. We take these words seriously and are very proud to be the first US-based women's specialty retailer to sign the Women's Empowerment Principles." The full analyst notes on ANN INC. are available to download free of charge at:
http://www.AnalystsReview.com/03112014/ANN/report.pdf
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DSW Inc. Analyst Notes
On March 6, 2014, DSW Inc. (DSW) announced that the Company is opening a new store in the Birmingham, AL on March 13, 2014. DSW said that the new store will be located at 545 Brookwood Village, Homewood, AL 35209. The full analyst notes on DSW Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03112014/DSW/report.pdf
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Luxottica Group SpA Analyst Notes
On March 6, 2014, Luxottica Group SpA (Luxottica) issued a notice of the new composition of the fully paid-up share capital as of February 28, 2014, which has been filed for registration in the Milan Company Register on March 5, 2014. This follows a share capital increase subscribed by employees pursuant to the share capital increases approved by the shareholders at meetings held on September 20, 2001 and June 14, 2006, stated the Company. The full analyst notes on Luxottica Group SpA are available to download free of charge at:
http://www.AnalystsReview.com/03112014/LUX/report.pdf
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The Buckle, Inc. Analyst Notes
On March 6, 2014, The Buckle, Inc. (Buckle) announced that Michelle Hoffman has been named to the post of Vice President of Sales, and Kyle L. Hanson has been appointed as the Company's Vice President, General Counsel, and Corporate Secretary. Further, Buckle also announced the following changes to its leadership team: Karen B. Rhoads has been promoted as Senior Vice President of Finance and CFO from her current position as Vice President of Finance and CFO; Brett P. Milkie as Senior Vice President of Leasing from his current position as Vice President of Leasing; Patricia K. Whisler as Senior Vice President of Women's Merchandising from her current position as Vice President of Women's Merchandising; and Robert M. Carlberg as Senior Vice President of Men's Merchandising from his current position as Vice President of Men's Merchandising. Buckle stated that all the appointments are effective immediately. The full analyst notes on The Buckle, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03112014/BKE/report.pdf
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