Bonobo

Sara Patterson Assumes Role of Chief Human Resources Officer at Simpro Group

Retrieved on: 
Wednesday, December 6, 2023

Simpro , the leading total business management software for commercial and residential trade service businesses, announced Sara Patterson has been named the company’s new Chief Human Resources Officer.

Key Points: 
  • Simpro , the leading total business management software for commercial and residential trade service businesses, announced Sara Patterson has been named the company’s new Chief Human Resources Officer.
  • View the full release here: https://www.businesswire.com/news/home/20231205046904/en/
    Sara Patterson , Simpro Group Chief Human Resources Officer (Photo: Business Wire)
    With more than 30 years of experience in global talent strategy and organizational development, Patterson has held various HR leadership roles at companies such as Gilt.com, Lemonade, Tribune Media, Conde Nast, Coach.
  • She also served as the Chief People Officer at Bonobos where she oversaw a tripling of headcount, ultimately contributing to its acquisition by Walmart for $310 million.
  • “I am so excited to join Simpro at such a pivotal time of their growth,” Patterson said.

Placemakr Expands its National Footprint of Hospitality Living Properties to Texas and Announces New COO

Retrieved on: 
Thursday, December 7, 2023

WASHINGTON, Dec. 7, 2023 /PRNewswire/ -- Placemakr, a flexible-use hospitality and multifamily operator, today announced the continuation of its national expansion with the launch of its first blended apartment-hotel property in San Antonio, Texas. The Maverick, powered by Placemakr will be the first of its kind in San Antonio, providing its guests and residents with the brand's signature experience of transforming a single-use multifamily building into a blended experience featuring home and hotel within a single building. Placemakr is partnering with AREA Real Estate, one of San Antonio's most prolific and innovative developers, to bring this product offering to the state of Texas. 

Key Points: 
  • Placemakr is partnering with AREA Real Estate, one of San Antonio's most prolific and innovative developers, to bring this product offering to the state of Texas.
  • "These are exciting times for Placemakr, as it represents our commitment to bringing our signature experience across the country," said Jason Fudin, CEO of Placemakr.
  • In his position as COO, Rickabaugh will oversee all commercial and property operations for the organization to ensure a best-in-class experience.
  • In this new role as COO, Rickabaugh will leverage his experience in building operations strategies for these top-tier retail brands to elevate Placemakr's end-to-end experience.

Express, Inc. (EXPR) Reports Second Quarter 2023 Results; Reaffirms Full Year 2023 Outlook

Retrieved on: 
Wednesday, September 6, 2023

Second quarter 2023 diluted loss per share of $11.79 was within this range.

Key Points: 
  • Second quarter 2023 diluted loss per share of $11.79 was within this range.
  • "Second quarter net sales and diluted loss per share were within the ranges of our outlook and we are gaining momentum.
  • A conference call to discuss second quarter 2023 results is scheduled for September 6, 2023 at 8:30 a.m. Eastern Time (ET).
  • In addition, an investor presentation of second quarter 2023 results will be available at www.express.com/investor at approximately 7:00 a.m.

Next-Generation Commerce Platform Kite Appoints CPTO and CFO

Retrieved on: 
Thursday, August 31, 2023

NEW YORK, Aug. 31, 2023 /PRNewswire/ -- Kite, a next-generation commerce company specializing in scaling high-potential brands, announced today the appointment of Mike Hart, former VP of Product at Fletch and Amazon product management and engineering executive, as CPTO and Markus Leunig, former CFO of Walker Edison and The North Face, as CFO.

Key Points: 
  • NEW YORK, Aug. 31, 2023 /PRNewswire/ -- Kite , a next-generation commerce company specializing in scaling high-potential brands, announced today the appointment of Mike Hart , former VP of Product at Fletch and Amazon product management and engineering executive, as CPTO and Markus Leunig , former CFO of Walker Edison and The North Face, as CFO.
  • "The foundation of an exceptional company lies in the brilliance of its people," said Rob Solomon, Co-Founder and CEO of Kite.
  • Mike Hart, CPTO of Kite, has spent his career building platforms and ground-breaking products using machine learning at iconic technology companies and startups.
  • Prior to Kite, Mike was the VP of Product for data analytics platform Fletch, and led product and engineering teams at companies including Amazon, Netflix, and Microsoft.

Express, Inc. (EXPR) Provides Preliminary Second Quarter 2023 Results; Announces Further Strategic Actions and Goal to Deliver $200 Million in Annualized Savings by 2025

Retrieved on: 
Thursday, August 17, 2023

“We expect second quarter net sales and diluted loss per share to be within the ranges of our outlook.

Key Points: 
  • “We expect second quarter net sales and diluted loss per share to be within the ranges of our outlook.
  • Today we are announcing a goal to deliver $150 million in annualized expense reductions by 2025 versus 2022 and have already identified and implemented $80 million for 2023 and $120 million for 2024.
  • Today the Company announced an additional $15 million of savings for a total of $80 million in annualized cost reductions identified and implemented for fiscal 2023.
  • Charges associated with the workforce reduction are estimated to be approximately $5 million and were recognized in the second quarter of 2023.

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.

Express, Inc. (EXPR) Reports First Quarter 2023 Results and Completes Acquisition of Bonobos in Partnership With WHP Global

Retrieved on: 
Wednesday, May 24, 2023

"We also announced today that we have completed the joint acquisition of Bonobos with our strategic partner WHP Global.

Key Points: 
  • "We also announced today that we have completed the joint acquisition of Bonobos with our strategic partner WHP Global.
  • On May 23, 2023, EXPR and WHP Global completed their joint acquisition of Bonobos from Walmart Inc. for a combined purchase price of $75 million.
  • A conference call to discuss first quarter 2023 results is scheduled for May 24, 2023 at 8:00 a.m. Eastern Time (ET).
  • In addition, an investor presentation of first quarter 2023 results will be available at www.express.com/investor at approximately 7:00 a.m.

WHP GLOBAL ANNOUNCES THE CLOSING OF BONOBOS BRAND ACQUISITION IN PARTNERSHIP WITH EXPR

Retrieved on: 
Wednesday, May 24, 2023

NEW YORK, May 24, 2023 /PRNewswire/ -- WHP Global , a leading global brand management firm, announced today that it has closed the joint acquisition of the Bonobos® brand with strategic partner Express, Inc. (NYSE: EXPR).

Key Points: 
  • NEW YORK, May 24, 2023 /PRNewswire/ -- WHP Global , a leading global brand management firm, announced today that it has closed the joint acquisition of the Bonobos® brand with strategic partner Express, Inc. (NYSE: EXPR).
  • In conjunction with this transaction, WHP Global and EXPR have entered into an exclusive long-term license agreement granting EXPR the right to use the intellectual property acquired by WHP Global for the operation of the Bonobos business in the United States.
  • "The acquisition of Bonobos marks an important milestone in our partnership with EXPR and adds an innovative DTC men's fashion brand to the WHP Global portfolio," said Yehuda Shmidman, Chairman and CEO of WHP Global.
  • WHP Global's brand portfolio now includes more than 10 powerful brands that are approaching $7 billion in global retail sales across three verticals including fashion, athletic, and hard goods.

WHP Global and EXPR to Acquire Bonobos for a Combined $75 Million

Retrieved on: 
Thursday, April 13, 2023

Fashion apparel retailer Express, Inc. (NYSE: EXPR) (the “Company” or “EXPR”) and global brand management firm, WHP Global (“WHP”), today announced a definitive agreement to acquire menswear brand Bonobos, Inc. (“Bonobos”) from Walmart Inc. (“Walmart”).

Key Points: 
  • Fashion apparel retailer Express, Inc. (NYSE: EXPR) (the “Company” or “EXPR”) and global brand management firm, WHP Global (“WHP”), today announced a definitive agreement to acquire menswear brand Bonobos, Inc. (“Bonobos”) from Walmart Inc. (“Walmart”).
  • This is the first acquisition to be made jointly by WHP Global and EXPR since finalizing their strategic partnership earlier this year.
  • WHP Global and EXPR have entered into a definitive agreement with Walmart Inc. to acquire Bonobos, Inc. for a combined purchase price of $75 million.
  • WHP Global will acquire the Bonobos brand for a purchase price of $50 million.

Mario Lopez to Host In-Person 'Home for the Holidays' Kickoff Concert at Westfield Montgomery, Benefiting Children's National Medical Center

Retrieved on: 
Thursday, November 10, 2022

Intermixed will be premier musical tribute band, The Little Mermen playing a wintery mix of nostalgic family-friendly covers.

Key Points: 
  • Intermixed will be premier musical tribute band, The Little Mermen playing a wintery mix of nostalgic family-friendly covers.
  • The Maryland Youth Ballet will take the stage to perform abbreviated numbers from its award winning, full-length holiday classicThe Nutcracker.
  • Attendees are encouraged to make a donation when registering for this free event and in-center throughout the holiday season to benefit Children's National Medical Center .
  • Westfield Montgomery is a 1.1-million-square-foot flagship shopping center located just minutes from Washington D.C. right off interstate 270 in Montgomery County, Maryland.