30.07.2007 13:00:00
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Tween Brands Appoints Michael Keane Senior Vice President of Human Resources
Tween Brands, Inc. (NYSE:TWB) today announced that Michael Keane is
joining the organization as Senior Vice President of Human Resources.
Mr. Keane joins Tween Brands from Limited Brands, Inc., where he was
most recently Executive Vice President of Human Resources for Victoria’s
Secret. Prior to Limited Brands, he spent time at Borden Foods and
Whirlpool Corporation. He is a graduate of the University of Notre Dame
and Indiana University.
"The work of human resources is vital to our
organization because it involves bringing in the best talent in retail
to help grow our business and our brands,”
said Mike Rayden, Chairman and Chief Executive Officer of Tween Brands. "In
Michael, we have a leader who takes that a step further as a true
business partner, working to understand our objectives and then putting
strategies in place to support accomplishing those goals. We are
fortunate to have him join our organization and look forward to his
leadership.”
Commenting on his new position, Mr. Keane said, "Tween
Brands is an exciting company with a high trajectory of growth ahead of
it. I look forward to being a part of its entrepreneurial spirit and in
playing a role in the future success of the company.”
ABOUT TWEEN BRANDS
Tween Brands is a leading specialty retailer for tween (ages 7 to 14)
girls. At Limited Too, the company sells sportswear, related accessories
and key lifestyle items for active, fashion-aware tween girls. Limited
Too currently operates 571 stores in 46 states and Puerto Rico, and has
a select number of international franchised stores. Limited Too
publishes a catazine coinciding with key tween shopping times throughout
the year and conducts e-commerce on its Web site, www.limitedtoo.com.
Justice is the company's newer specialty retail concept for tween girls,
offering moderately-priced sportswear, accessories and lifestyle items
in predominantly off-the-mall store sites. Justice also publishes a
catazine for its tween customers and currently operates 208 stores
across the United States, the locations of which can be found on their
Web site, www.justicejustforgirls.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995
This press release contains various "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995 and
other applicable securities laws. Such statements can be identified by
the use of the forward-looking words "anticipate," "estimate,"
"project," "target," "believe," "intend," "plan," "expect," "hope,"
"risk," "could," "pro forma," "potential," "prospects," "outlook," or
similar words. These statements discuss future expectations, contain
projections regarding future developments, operations or financial
conditions, or state other forward-looking information. These
forward-looking statements involve various important risks,
uncertainties and other factors that could cause our actual results to
differ materially from those expressed. The following factors, among
others, could affect our future financial performance and cause actual
future results to differ materially from those expressed or implied in
any forward-looking statements included in this press release: changes
in consumer spending patterns, consumer preferences and overall economic
conditions; decline in the demand for our merchandise; the impact of
competition and pricing; the effectiveness of our brand awareness and
marketing programs; a significant change in the regulatory environment
applicable to our business; risks associated with our sourcing and
logistics functions; changes in existing or potential trade
restrictions, duties, tariffs or quotas; currency and exchange risks;
availability of suitable store locations at appropriate terms; ability
to develop new merchandise; ability to hire and train associates; the
potential impact of health concerns relating to severe infectious
diseases, particularly on manufacturing operations of our vendors in
Asia and elsewhere; acts of terrorism in the U.S. or worldwide; and
other risks that may be described in other reports and filings we make
with the Securities and Exchange Commission. Future economic and
industry trends that could potentially impact revenue and profitability
are difficult to predict. Therefore, there can be no assurance that the
forward-looking statements included here will prove to be accurate. The
inclusion of forward-looking statements should not be regarded a
representation by us, or any other person, that our objectives will be
achieved. The forward-looking statements made herein are based on
information presently available to us, as the management of the company.
We assume no obligation to publicly update or revise our forward-looking
statements even if experience or future changes make it clear that any
projected results expressed or implied therein will not be realized.
Company Home Page: www.tweenbrands.com
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