Joe's Jeans Announces Tom O'Riordan's Retirement from the Board of Directors
LOS ANGELES--(BUSINESS WIRE)-- Joe's Jeans Inc. (NAS: JOEZ) (the "Company") announced that Tom O'Riordan has retired from his position as a member of its Board of Directors. Mr. O'Riordan served as a member of the Board of Directors of the Company since 2006.
Samuel J. Furrow, Chairman of the Board of Directors stated, "On behalf of Joe's Jeans and the rest of the Board, we are grateful for the time, commitment and many contributions of Mr. O'Riordan. Mr. O'Riordan participated in advising and guiding the Board and the Company as it transitioned into Joe's Jeans. In particular, Mr. O'Riordan served as a valuable advisor with respect to our expansion into retail."
Tom O'Riordan stated, "I thank the Company and the Board for the opportunity to have helped guide the Company in the growth of its Joe's® brand. I look forward to continuing to watch the Company as it moves into its next phase of development."
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 website at www.joesjeans.com.
This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended.The matters discussed in this document involve 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 statements inherently involve 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; the risk that changes in general economic conditions, consumer confidence, or consumer spending patterns will have a negative impact on the Company's financial performance or strategies; 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; continued acceptance of the Joe's® brand in the marketplace; successful implementation of any growth or strategic plans; effective inventory management; the ability to generate positive cash flow from operations; competitive factors; 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 filed with the SEC, and this release should be read in conjunction with that annual report on Form 10-K, together with all of the Company's other filings, including current reports on Form 8-K, 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 Companyundertakes 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.
Joe's Jeans Inc.
323-837-3700 x 304
KEYWORDS: United States North America California
The article Joe's Jeans Announces Tom O'Riordan's Retirement from the Board of Directors originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.