Joe's Jeans Inc

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US: Joe's Jeans gets Nasdaq compliance letter | 17 Sep 09

Apparel company Joe's Jeans has received a letter from The Nasdaq Stock Market saying is not in compliance with a marketplace rule because the closing bid price per share of its common stock has been below $1.00 per share for 30 consecutive trading days.

US: Joe's Jeans to license brand for belts | 22 Jul 09

Apparel company Joe's Jeans has signed a new license deal with Vogue Trimmings to manufacture and distribute Joe's branded belts for men, women, girls and boys.

US: CIT wards off bankruptcy with $3bn loan | 21 Jul 09

Troubled lender CIT Group, one of the key financiers to the apparel and retail industry, has warded off an imminent bankruptcy threat by agreeing a $3bn loan and begun plans to restructure its liabilities.

In the money: CIT financial woes add to US apparel pain | 16 Jul 09

Hopes that the US government would hand out emergency federal assistance to CIT Group Inc, a major source of financing for small and mid-size apparel firms, have been dashed after talks ground to a halt yesterday (15 July).

US: Joe's Jeans Q2 profit falls 17.4% | 16 Jul 09

Second quarter profit Joe's Jeans Inc has fallen 17.4%, but the apparel maker says it expects to see accelerated growth in the back half of the year.

US: Joe's Jeans signs children’s wear license | 13 Jul 09

Apparel maker Joe's Jeans Inc has signed a new license agreement with Kids Jeans LLC to make and distribute apparel products for infants, girls and boys.

US: Joe's Jeans Q1 profit soars by 149% | 1 May 09

Apparel maker Joe's Jeans Inc has posted 149% hike in first quarter profit on better-than-expected sales, and says it plans to expand its men’s and international business in the year ahead.

US: Joe’s Jeans doubles Q3 profit to US$2.2m | 16 Oct 08

Denim-focused apparel company Joe’s Jeans more than doubled its third quarter profit as sales soared 16%.

US: Joe's Jeans Q2 profit quadruples | 16 Jul 08

Second quarter profit at apparel maker Joe's Jeans Inc has more than quadrupled on higher sales and better margins, coinciding with the signing of its first full-price Joe's retail store in Chicago this autumn.

US: Cygne Designs names Jay Furrow as CEO | 28 Apr 08

Women’s denim and casualwear maker Cygne Designs Inc has appointed Jay Furrow, a founder of the Joe’s Jeans brand, as president and chief executive officer.

US: Joe's Jeans swings to Q1 profit | 15 Apr 08

Los Angeles based clothing maker Joe's Jeans Inc has swung to a first quarter profit on higher sales of its Joe's brand and continued improvements to gross margins.

US: Joe's Jeans swings to full-year profit | 29 Feb 08

Joe's Jeans has posted full-year profitability of $2.3m in net income compared to a loss of $9.3m in the prior year, thanks to better margins owing to a production shift.

US: Joe's Jeans completes merger with JD Holdings | 26 Oct 07

Joe's Jeans Inc, formerly known as Innovo Group Inc, has closed its merger with JD Holdings Inc, owner of the Joe's and Joe's Jeans trademarks.

US: Innovo shareholders OK Joe's Jeans merger | 15 Oct 07

Shareholders in Innovo Group Inc have voted in favour of its proposed merger with JD Holdings, owner of the Joe's and Joe's Jeans trademarks.

US: Innovo swings to $913,000 Q3 profit | 10 Oct 07

Denim apparel maker Innovo Group Inc is back in the black after strong top-line growth of its Joe’s brand during the third quarter.

US: Innovo extends deadline for Joe’s Jeans merger | 26 Jun 07

The deadline for Innovo Group’s purchase of JD Holdings, owner of the Joe's and Joe's Jeans trademarks, has been pushed back from the end of June to 31 December.

US: Cygne Designs widens Q1 losses | 18 Jun 07

Casual clothing maker Cygne Designs Inc has widened its first quarter losses on expenses related to its acquisition of the private label division of Innovo Group Inc last year and lower department store sales.

JAPAN: Innovo signs $20m distribution deal with Itochu | 22 May 07

Innovo Group’s Joe's Jeans unit has signed a three-year, exclusive distribution and non-exclusive license agreement with Itochu Corp to expand its presence in the Japanese market.

US: Apparel maker Cygne Designs slashes full year loss | 2 May 07

Apparel maker Cygne Designs Inc has managed to narrow its full year net loss, despite costs associated with its purchase of Innovo Group’s private label division and customers switching their sourcing to the Far East.

US: Innovo cuts Q1 loss to $173,000 | 11 Apr 07

A nearly one-third increase in sales helped Innovo Group cut its first-quarter losses.

US: Innovo to buy Joe’s Jeans owner JD Holdings | 8 Feb 07

Innovo Group has agreed to buy JD Holdings, owner of the Joe’s and Joe’s Jeans trademarks, from Joe Dahan, president of Innovo’s Joe’s Jeans subsidiary and creative director of the brand, for a combination of stock and cash.

US: Innovo regains Nasdaq compliance | 30 Jan 07

Design and sales company Innovo Group has received notification of regained compliance with the Nasdaq Marketplace Rules.

US: Cygne posts better Q3 income and sales | 21 Dec 06

Private-label women’s wear firm Cygne Designs has reported better income and sales for this year’s third quarter.

US: Innovo sales down 1%, narrows Q3 losses | 9 Oct 06

Apparel design and sales firm Innovo reported lower net sales and profit in the third quarter, meeting the company’s expectations, said president and CEO Marc Crossman.

US: Innovo loss widens in Q2 | 30 Jun 06

Design and sales company Innovo Group suffered a widened loss of US$2.5m from continuing operations during the second quarter compared to $950,000 a year ago.

US: Innovo closes private-label sale | 17 May 06

Apparel group Innovo has completed the sale of its private-label apparel division to Cygne Designs.

US: Innovo appoints Tom O'Riordan to board of directors | 10 Apr 06

Apparel group Innovo has appointed Tom O'Riordan to its board of directors.

US: Innovo exits private label as Q1 sales fall | 7 Apr 06

Clothing supplier Innovo Group is set to sell the assets of private label arm Innovo Azteca Apparel to Cygne Designs for US$10.4m, the company said.

US: Innovo outsources product fulfilment to Pixior | 14 Mar 06

Apparel group Innovo said it has signed a deal with apparel distributor Pixior to outsource its product fulfilment services.

US: Innovo contemplates M&A activity | 6 Mar 06

California-based Innovo Group is contemplating strategic acquisitions, mergers or a sale of the company in a bid to enhance shareholder value, it has announced.



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