Nine West Holdings, Inc. Announces Conference Call to Discuss the First Quarter 2014 Results
NEW YORK, May 30, 2014 /PRNewswire/ -- Nine West Holdings, Inc. (the "Company") announced today that a conference call to discuss the first quarter 2014 results for the period ended April 5, 2014 is scheduled for June 5, 2014 at 4:00 PM (EDT). Access information for this conference call will be published on the Secure Financial Information Exchange prior to the date of the conference call.
About Nine West Holdings, Inc.
Nine West Holdings, Inc. is a leading global designer and marketer of branded footwear, jeanswear, and accessories. Its iconic footwear brands, including Nine West, Easy Spirit and Anne Klein, have a 30+ year heritage and an established presence at major retailers in the United States as well as internationally through licensing and distributor relationships. Nine West Holdings operates a value-oriented jeanswear business built around widely recognized brands with mass appeal, such as Gloria Vanderbilt and l.e.i., and a growing private label business. Nine West Holdings also operates its own network of retail and factory outlet stores and several e-commerce web sites. In addition, Nine West Holdings licenses the use of several of its brand names to select manufacturers and distributors of women's and men's apparel and accessories worldwide. Nine West Holdings is a portfolio company of private equity firm Sycamore Partners.
Forward-Looking Statements
The aforementioned conference call may contain "forward-looking statements". All statements regarding the Company's expected financial position, business and financing plans are forward-looking statements. The words "believes," "expects," "plans," "intends," "anticipates" and similar expressions identify forward-looking statements. Forward-looking statements also include representations of the Company's expectations or beliefs concerning future events that involve risks and uncertainties, including:
- those associated with the effect of national, regional and international economic conditions;
- lowered levels of consumer spending resulting from a general economic downturn or lower levels of consumer confidence;
- the tightening of the credit markets and the Company's ability to obtain capital on satisfactory terms;
- given the uncertain economic environment, the possible unwillingness of committed lenders to meet their obligations to lend to borrowers, in general;
- the performance of the Company's products within the prevailing retail environment;
- customer acceptance of both new designs and newly-introduced product lines;
- the Company's reliance on a few department store groups for large portions of the Company's business;
- the integration of the organizations and operations of any acquired businesses into the Company's existing organization and operations;
- consolidation of the Company's retail customers;
- financial difficulties encountered by the Company's customers;
- the effects of vigorous competition in the markets in which the Company operates;
- the Company's ability to attract and retain qualified executives and other key personnel;
- the Company's reliance on independent foreign manufacturers, including political instability in countries where contractors and suppliers are located;
- changes in the costs of raw materials, labor, advertising and transportation, including the impact such changes may have on the pricing of the Company's products and the resulting impact on consumer acceptance of the Company's products at higher price points; and,
- the Company's ability to secure and protect trademarks and other intellectual property rights.
These risks and uncertainties and other important factors could cause actual results to differ materially from the Company's expectations. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, such expectations may prove to be incorrect. The Company does not undertake to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.
Current noteholders, prospective noteholders and securities analysts may request access to the Secure Financial Information Exchange at http://www.ninewest.com under the "Company Info" section.
Investor Contact:
Christopher Cade, Chief Financial Officer, Nine West Holdings, Inc., 215-781-5508
SOURCE Nine West Holdings, Inc.
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