Express, Inc.

WHP Global Announces International Expansion Plans for the EXPRESS® Brand

Retrieved on: 
Tuesday, November 7, 2023

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- WHP Global ("WHP"), one of the largest and fastest-growing global brand management firms in the world, today announced plans for the global expansion of the EXPRESS® brand as part of its strategic partnership with Express, Inc.. WHP Global recently signed long-term licensing deals to bring the EXPRESS brand to new markets, including Indonesia with PT MAP and Paraguay with Kemsa, as well as grow the brand's presence in Mexico with IB Group, a new anchor retail partner in the territory. In addition, WHP Global entered into a license agreement with existing Express international partner Fastco to grow the brand's retail footprint in Central America with the opening of four new EXPRESS retail flagship stores in key locations through 2026.

Key Points: 
  • NEW YORK, Nov. 7, 2023 /PRNewswire/ -- WHP Global ("WHP"), one of the largest and fastest-growing global brand management firms in the world, today announced plans for the global expansion of the EXPRESS® brand as part of its strategic partnership with Express, Inc. .
  • In addition, WHP Global entered into a license agreement with existing Express international partner Fastco to grow the brand's retail footprint in Central America with the opening of four new EXPRESS retail flagship stores in key locations through 2026.
  • "Bringing the EXPRESS brand into new and emerging markets is our first major move for the brand since entering into a strategic partnership with Express to scale the iconic fashion brand and expand its international reach," said WHP Global Chairman and CEO Yehuda Shmidman.
  • In January 2023, Express and WHP Global entered into a mutually transformative, strategic partnership which includes an intellectual property joint venture intended to scale the EXPRESS brand through new domestic category licensing and international expansion opportunities.

Founder of Bonobos Andy Dunn Unites With New Brand Owner WHP Global

Retrieved on: 
Friday, June 16, 2023

NEW YORK, June 16, 2023 /PRNewswire/ -- WHP Global , a leading global brand management firm and owner of the fashion brand Bonobos®, today announced that Andy Dunn, founder of Bonobos, will be joining WHP Global in an advisory role for the newly acquired Bonobos brand.

Key Points: 
  • NEW YORK, June 16, 2023 /PRNewswire/ -- WHP Global , a leading global brand management firm and owner of the fashion brand Bonobos®, today announced that Andy Dunn, founder of Bonobos, will be joining WHP Global in an advisory role for the newly acquired Bonobos brand.
  • His appointment as brand advisor follows the joint acquisition of Bonobos by WHP Global and fashion apparel retailer, Express, Inc. (EXPR).
  • Andy Dunn and WHP Global will be working in partnership with EXPR CEO Tim Baxter, Bonobos President John Hutchison, and the entire Bonobos team to help drive the future of the brand.
  • "The future of the Bonobos brand is incredibly exciting as we welcome back Andy Dunn and focus on activating the brand's potential by leveraging the combined platforms of WHP Global and EXPR," said Yehuda Shmidman, CEO and Chairman of WHP Global.

Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of ZTO Express (Cayman) Inc. (ZTO) Investigation

Retrieved on: 
Monday, March 6, 2023

Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of ZTO Express (Cayman) Inc. (“ZTO Express” or the “Company”) (NYSE: ZTO).

Key Points: 
  • Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of ZTO Express (Cayman) Inc. (“ZTO Express” or the “Company”) (NYSE: ZTO).
  • Investors who purchased ZTO Express securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: www.bgandg.com/zto .
  • The investigation concerns whether ZTO Express has violated federal securities laws.
  • If you are aware of any facts relating to this investigation or purchased ZTO Express shares, you can assist this investigation by visiting the firm’s site: www.bgandg.com/zto .

Workday Sees Continued Momentum Across Retail Industry, Empowering Global Organizations to Adapt to Evolving Business, Employee, and Consumer Needs

Retrieved on: 
Monday, January 16, 2023

NEW YORK, Jan. 16, 2023 /PRNewswire/ -- NRF 2023 (Booth #5957) -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced continued momentum within the retail industry, with more than 50% of the retail organizations in the Fortune 500 having selected Workday. As part of this momentum, an increasing number of global retail organizations selected Workday Financial Management in the past year – including Dave & Buster's, Inc., Express LLC, EZCORP, Inc., and more – to help drive deeper financial insight and organizational flexibility and to support future growth.

Key Points: 
  • To keep pace and help accelerate digital transformation efforts, global retail organizations of all sizes, including Electrolux, KBP Brands, PVH Corp., RaceTrac, Team Car Care, and more are leveraging Workday.
  • To help retailers elevate the worker experience and respond to changing customer demand, Workday introduced new demand forecasting to Workday Scheduling and Labor Optimization .
  • This allows organizations to generate more accurate and cost-effective schedules while ensuring workers' availability, preferences, and skills align with open shifts.
  • Workday helps retail organizations bridge the gap between the back office and the front office by providing finance, HR, and operations leaders with a single source to manage their retail operations.

Workday Sees Continued Momentum Across Retail Industry, Empowering Global Organizations to Adapt to Evolving Business, Employee, and Consumer Needs

Retrieved on: 
Monday, January 16, 2023

NEW YORK, Jan. 16, 2023 /PRNewswire/ -- NRF 2023 (Booth #5957) -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced continued momentum within the retail industry, with more than 50% of the retail organizations in the Fortune 500 having selected Workday. As part of this momentum, an increasing number of global retail organizations selected Workday Financial Management in the past year – including Dave & Buster's, Inc., Express LLC, EZCORP, Inc., and more – to help drive deeper financial insight and organizational flexibility and to support future growth.

Key Points: 
  • To keep pace and help accelerate digital transformation efforts, global retail organizations of all sizes, including Electrolux, KBP Brands, PVH Corp., RaceTrac, Team Car Care, and more are leveraging Workday.
  • To help retailers elevate the worker experience and respond to changing customer demand, Workday introduced new demand forecasting to Workday Scheduling and Labor Optimization .
  • This allows organizations to generate more accurate and cost-effective schedules while ensuring workers' availability, preferences, and skills align with open shifts.
  • Workday helps retail organizations bridge the gap between the back office and the front office by providing finance, HR, and operations leaders with a single source to manage their retail operations.

Express, Inc. to Participate in the 2023 ICR Conference

Retrieved on: 
Tuesday, December 20, 2022

Fashion apparel retailer Express, Inc. (NYSE: EXPR), today announced that the Company will participate in a fireside chat at the 2023 ICR Conference on Tuesday, January 10, 2023, at 4:00 p.m. Eastern Time.

Key Points: 
  • Fashion apparel retailer Express, Inc. (NYSE: EXPR), today announced that the Company will participate in a fireside chat at the 2023 ICR Conference on Tuesday, January 10, 2023, at 4:00 p.m. Eastern Time.
  • The fireside chat will be webcast live and available for replay on the Company’s Investor Relations website, www.express.com/investor .
  • Express is a modern, multichannel apparel and accessories brand grounded in versatility, guided by its purpose - We Create Confidence.
  • Express, Inc. is comprised of the brands Express and UpWest, and is traded on the NYSE under the symbol EXPR.

Express, Inc. and WHP Global Enter into Mutually Transformative Strategic Partnership, Leveraging a Platform to Build a Portfolio of Brands and Accelerate Long-Term Growth

Retrieved on: 
Thursday, December 8, 2022

We expect to accelerate our growth by acquiring multiple brands in partnership with WHP and operating them on our platform.

Key Points: 
  • We expect to accelerate our growth by acquiring multiple brands in partnership with WHP and operating them on our platform.
  • We expect this partnership to accelerate growth for the Express brand through licensing in non-core categories and international expansion by leveraging WHPs expertise.
  • EXPR will maintain its disciplined approach to capital deployment and is working with WHP to identify compelling, accretive brand acquisition opportunities.
  • The strategic partnership is expected to provide WHP with a best-in-class operating platform to broaden its M&A pipeline.

Satish Mehta Appointed to Express, Inc. Board of Directors

Retrieved on: 
Thursday, December 1, 2022

The Board of Directors of fashion apparel retailer Express, Inc. (NYSE: EXPR) has named Satish Mehta as a Class I director, effective today.

Key Points: 
  • The Board of Directors of fashion apparel retailer Express, Inc. (NYSE: EXPR) has named Satish Mehta as a Class I director, effective today.
  • Mr. Mehta, 57, has a deep background in database engineering and a strong track record in technical leadership roles.
  • I am so pleased to welcome Satish to the Express, Inc. Board of Directors.
  • He has rich experience driving the technological aspects of business growth and transformation across technologies, said Mylle H. Mangum, Chairman of the Board.

Express, Inc. Announces Refinancing Transactions

Retrieved on: 
Monday, November 28, 2022

"We are pleased to complete these refinancing transactions, which bolster our liquidity access, strengthen our balance sheet, reduce our interest rate exposure and improve our capital structure, said Jason Judd, Chief Financial Officer at Express.

Key Points: 
  • "We are pleased to complete these refinancing transactions, which bolster our liquidity access, strengthen our balance sheet, reduce our interest rate exposure and improve our capital structure, said Jason Judd, Chief Financial Officer at Express.
  • With enhanced financial flexibility, we believe we are well-positioned to continue executing our EXPRESSway Forward strategy and pursuing growth opportunities.
  • (Bank of America), was amended and increased by $40 million to $290 million with Wells Fargo serving as administrative agent and collateral agent.
  • Express current $140 million Term Loan Facility was amended by refinancing its $90 million FILO Term Loan and terminating its $50 million DDTL.

Express, Inc. Announces Third Quarter 2022 Financial Results to Be Reported on December 8, 2022

Retrieved on: 
Monday, November 28, 2022

Fashion apparel retailer Express, Inc. (NYSE: EXPR) today announced that the Company will report its third quarter 2022 financial results on Thursday, December 8, 2022, at 8:00 a.m. Eastern Time (ET).

Key Points: 
  • Fashion apparel retailer Express, Inc. (NYSE: EXPR) today announced that the Company will report its third quarter 2022 financial results on Thursday, December 8, 2022, at 8:00 a.m. Eastern Time (ET).
  • The conference call will be hosted by Tim Baxter, Chief Executive Officer, and Jason Judd, Chief Financial Officer.
  • ET on December 15, 2022, and can be accessed by dialing (800) 770-2030 and entering the replay pin number 1790468.
  • In addition, an investor presentation of third quarter 2022 results will be available at www.express.com/investor beginning at approximately 7:00 a.m.