Joe’s Jeans Inc. (the “Company”) (NASDAQ: JOEZ) announced the opening of its West Coast flagship store and seventh freestanding boutique, located on Melrose Place in Los Angeles, California. With an official grand opening in September, the Melrose Place boutique houses the complete denim and contemporary collection for men, women and children as well as accessories, including shoes and limited edition handbags. With its prime location in the internationally renowned Melrose shopping district, the store will offer customers a personal shopping experience with exclusive pieces unique to the market.
The approximately 2,700 square-foot boutique features one-of-a-kind vintage furniture pieces juxtaposed with the neutral colors of the space for a modern, yet intimate setting. Crystal chandeliers and the bright floor-to-ceiling clean white façade complement the beamed ceilings and eclectic molding of the fireplace and arched mirrors allowing customers to shop in a relaxed, casual setting. French doors lead to an intimate outdoor garden and sitting area. Creative Director and Founder, Joe Dahan, shared, “With Los Angeles being home to our brand, we wanted our Melrose Place boutique to reflect an inviting and at-home feeling.”
Joe’s® currently has six boutiques in the U.S., including New York City, Los Angeles, Miami, Chicago, Atlanta and San Francisco, and will be opening an eighth boutique in Southern California at South Coast Plaza. Melrose Place is the brand’s seventh boutique.
President and CEO of the Company, Marc Crossman, stated: “We are excited to celebrate our Joe’s® brand with a boutique in this premier shopping area for both locals and tourists.” Crossman continued, “These highly coveted locations, like SoHo, Aventura, South Coast Plaza and now Melrose are wonderful vehicles to increase brand awareness and reach new customers.”About Joe’s Jeans Inc. Joe’s Jeans Inc. designs, produces and sells apparel and apparel-related products to the retail and premium markets under the Joe's ® brand and related trademarks. More information is available at the Company’s website at www.joesjeans.com. This release contains forward-looking statements within the meaning of the safe harbor provision of the Private Securities Litigation Reform Act of 1995, as amended. The matters discussed in this document involved estimates, projections, goals, forecasts, assumptions, risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements. All statements in this news release that are not purely historical facts are forward-looking statements, including statements containing the words “intend,” “believe,” “estimate,” “project,” “expect” or similar expressions. Any forward-looking statement inherently involves risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to: the risk that the Company will be unsuccessful in gauging fashion trends and changing customer preferences; continued acceptance of the Company’s brands in the marketplace; successful implementation of any growth or strategic plans; the highly competitive nature of the Company’s business in the United States and internationally and its dependence on consumer spending patterns, which are influenced by numerous other factors; the Company’s ability to respond to the business environment and fashion trends; and other risks. The Company discusses certain of these factors more fully in its additional filings with the SEC, including its last annual report on Form 10-K and quarterly report on Form 10-Q filed with the SEC, and this release should be read in conjunction with those reports, together with all of the Company’s other filings, made with the SEC through the date of this release. The Company urges you to consider all of these risks, uncertainties and other factors carefully in evaluating the forward-looking statements contained in this release. Any forward-looking statement is based on information current as of the date of this document and speaks only as of the date on which such statement is made, and the Company undertakes no obligation to update these statements to reflect events or circumstances after the date on which such statement is made. Readers are cautioned not to place undue reliance on forward-looking statements.
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