Express will permanently close the doors of over 100 stores across two of its brands. The planned store closures came amid the clothing retailer’s larger announcement on Monday that it had submitted a petition for Chapter 11 bankruptcy.It asked the U.S. Bankruptcy Court for the District of Delaware to combine its bankruptcy case with those of certain subsidiaries that also sought protection. The company plans on "continuing to serve customers in store and online across its Express, Bonobos and UpWest brands ...

Express was founded in 1980 by Les Wexner’s Limited Brands, but has fallen on hard times with a ... [+] fickle consumer and stiff competition (AP Photo/Bebeto Matthews)Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Express, a multi-brand fashion retailer whose portfolio includes Express Express , Bonobos, and UpWest, has filed for Chapter 11 bankruptcy and intends to close more than 100 stores. The move, ...

Express Inc.破产申请及财务状况 - Express Inc.周一申请了破产保护[1] - Express CEO Stewart Glendinning表示，破产申请将加强公司的财务状况[2] - Express在破产申请中估计其资产为10亿至100亿美元，负债额与资产相同[6] Express业务重组和融资 - WHP Global和其他公司发出了意向书，可能购买Express的大部分业务[1] - Express获得了新的3500万美元融资，加上上周IRS发送的4900万美元[3] - Express将关闭95家门店和所有UpWest门店[4] - Express的零售业务包括约530家Express品牌店、约60家Bonobos店和12家UpWest店[5] Express债务和节省计划 - Express的债权人数量为5001-10000人[7] - Express计划到2025年节省2亿美元[8] - Express将关闭即将关闭的门店开始清仓销售[5]

Fashion retailer Express filed for Chapter 11 bankruptcy protection Monday — and the mall staple said it is looking to sell off the majority of its stores.Columbus, Ohio-based Express, which is also the parent of Bonbons and Upwest brands, is shuttering a handful of its operations in the process. In an announcement the bankruptcy filing, the company said it planned to close 95 of its Express retail stores and all UpWest stores.Closing sales at these locations, which were not immediately specified, are set t ...

Today, warning bells may be signaling the end of the line for another struggling retail chain. Express (OTCMKTS:EXPR) has been struggling for months, so much so that it lost its place on the New York Stock Exchange earlier this month. When a company moves to trading over the counter after being delisted, it is often the beginning of the end. In the case of EXPR stock, that definitely seems to be the case. Reports indicate that the fashion retailer is taking steps to file for Chapter 11 bankruptcy as soon as ...

Express股票摘牌 - Express (OTCMKTS:EXPR)已经正式从纽约证券交易所摘牌，股票现在在场外交易市场交易[1] Express股价下跌 - EXPR股票今年以来下跌了83%，显示这家备受困扰的零售商面临严重的抛售压力[2] Express市值下降 - Express是受市场打击的服装零售商之一，市值在30天内平均下降到1500万美元以下，许多投资者预计会有破产公告[3]

Express公司债务重组传闻 - Express (NYSE:EXPR) 面临债务重组的传闻，可能会申请破产保护[1] - Express雇佣了M3和Kirkland & Ellis作为重组顾问[2] - Express仍在尝试避免破产，但结果取决于债权人是否同意提供更多流动性或放宽还款选项[3] - EXPR股票避免破产的关键在于说服供应商继续发货而不收紧付款时间表[4]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 28, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number 001-34742 EXPRESS, INC. (Exact name of registrant as specified in its charter) Delaware 26-2828128 (State or other jurisdiction o ...

财务数据和关键指标变化 - 第三季度销售额为4.54亿美元,低于公司预期的4.6亿至4.9亿美元 [34] - 毛利率下降370个基点,主要由于促销力度加大导致毛利率下降 [36] - 销售总费用(SG&A)下降300个基点,主要得益于成本节约措施 [37] - 第三季度每股摊薄亏损为9.83美元,高于公司预期的5.50美元至7.50美元 [37] 各条业务线数据和关键指标变化 - Express品牌销售下降7%,线上销售增长10%,线下零售和outlet店铺销售下降 [15][35] - UpWest品牌销售增长15% [19] - Bonobos品牌销售超出预期,有望实现全年正自由现金流 [32] 各个市场数据和关键指标变化 - 女装业务同比正增长,男装业务同比下降中高个位数,主要受去年同期强劲表现的影响 [18][19] 公司战略和发展方向及行业竞争 - 公司正在采取四大举措推动业务恢复:提升客户参与度、提高运营效率、持续成本削减、优化库存管理 [23]-[29] - 与WHP Global的战略合作将带来品牌授权费收入和并购机会 [30]-[32] 管理层对经营环境和未来前景的评论 - 宏观经济环境仍然充满挑战,消费者和竞争环境高度促销 [14] - 公司有信心通过上述举措恢复盈利能力,并有望在2024年上半年实现库存大幅下降 [48][77][78] 问答环节重要的提问和回答 问题1 **Dana Telsey 提问** 对女装和男装业务的改善计划 [53] **Stewart Glendinning 回答** 公司已调整女装策略,取得正增长,男装受去年强劲表现的影响,正在调整产品结构 [56][57][58] 问题2 **Eric Beder 提问** 对公司长期发展前景的看法 [84] **Stewart Glendinning 回答** 公司有望恢复到2018年左右的健康水平,即毛利率30%左右、净利润为正 [87][88] 问题3 **Marni Shapiro 提问** 对产品策略和营销策略的调整 [96][102] **Stewart Glendinning 和 Michael Rangel 回答** 公司正在平衡产品风格、价位和场合,同时加强品牌营销,吸引新客户 [99][100][104][106][107]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended July 29, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ______ TO ______ Commission File Number 001-34742 EXPRESS, INC. (Exact name of registrant as specified in its charter) Delaware 26-2828128 (State or other jurisdiction of ( ...