Welcome to our dedicated page for Bebe Stores news (Ticker: BEBE), a resource for investors and traders seeking the latest updates and insights on Bebe Stores stock.
This page contains historical news coverage for bebe stores, inc. (BEBE), which operated as a women's fashion retailer from 1976 through 2017. The company underwent significant corporate transformation, closing all physical retail locations in 2017 and eventually selling its fashion brand assets in 2024. This news archive provides context on the company's retail operations, store closures, ownership changes, and transformation into a furniture franchise operator.
Historical news coverage includes bebe's expansion as a specialty apparel retailer, the challenges facing mall-based fashion retailers, the 2017 decision to close all stores and transition to e-commerce, and the eventual acquisition of controlling interest by B. Riley Financial. More recent developments covered in this archive include the October 2024 sale of the bebe and Brookstone brand assets and the company's pivot to operating Buddy's Home Furnishings franchise locations.
Investors researching BEBE should note that news from 2017 and earlier covers the company's original business as a fashion retailer, while more recent coverage documents its transformation. The bebe fashion brand now operates independently from the publicly traded BEBE entity following the 2024 asset sale. This archive helps investors understand the significant changes this company has undergone and provides historical context for its evolution from a national women's apparel chain to a regional furniture franchise operator.
Hilco Global and TPG Angelo Gordon have announced a new joint venture to invest in consumer brands and IP alongside Bluestar Alliance. The JV has already completed several major transactions, including: a $190 million investment in BR Brand Management's securitization for brands like Hurley, Justice, and Scotch & Soda; a co-investment with Bluestar to acquire Off-White from LVMH; and the acquisition of bebe and Brookstone brands from bebe stores (OTC: BEBE). The partnership combines Hilco's asset expertise, TPG Angelo Gordon's financial capabilities, and Bluestar's licensing experience to create a strong platform for future brand acquisitions.
bebe stores has announced the sale of its membership interests in the bebe and Brookstone brand joint ventures for $46.624 million in cash. The company owned 50% and 28.5% stakes respectively. Following the sale, bebe has cleared all outstanding debt and declared a special cash dividend of $2.00 per share, payable on November 22, 2024, to shareholders of record as of November 11, 2024. After the dividend payment, the company will maintain approximately $8.5 million in cash reserves to support operations of its 60+ Buddy's Home Furnishings franchise stores and corporate expenses.
bebe stores, inc. (OTCQB:BEBE) has declared a quarterly cash dividend of
bebe stores, inc. (OTCQB:BEBE) has declared a quarterly cash dividend of
bebe stores, inc. (OTCQB:BEBE) has declared a quarterly cash dividend of
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