PEMBROKE PINES, Fla., Dec. 14 /PRNewswire-FirstCall/ -- Claire's
Stores, Inc., a leading specialty retailer offering value-priced jewelry
and accessories, today reported that it is expanding its corporate
management team.
We have recruited James Conroy to the Company to serve as Executive
Vice President of Claire's Stores, Inc., reporting to the CEO. Jim will be
the principal member of the Senior Management Team, assisting the CEO in
developing and implementing strategic initiatives throughout our global
business as we pursue our sales, EBITDA and cash flow targets. In addition,
his functional areas of responsibility will include global strategic
planning and implementation, information technology and international
franchising and joint ventures, with each Senior Vice President responsible
for these areas reporting to him directly.
Jim has been working as a full-time consultant to the Company since the
acquisition and has been instrumental in the progress we have made to date
as well as developing the strategic foundation for our future success.
Jim joins us with a considerable background in both consulting and
retail management. He has 10 years of management consulting experience and
became a principal at Kurt Salmon Associates in 2005, where he primarily
led projects for retail and consumer products companies. Additionally, Jim
has five years of retail executive experience, where his primary
responsibilities included strategic planning, merchandising, and supply
chain management.
Gene Kahn, CEO commented, "The Senior Management Team has already
embraced Jim as a valuable contributor. He brings extensive experience and
leadership skills to help refine Claire's initiatives, best business
practices and move our business forward to better serve our customers."
Company Overview
Claire's Stores, Inc. is a leading specialty retailer of value-priced
jewelry and accessories for girls and young women through its two store
concepts: Claire's and Icing. While the latter operates only in North
America, Claire's operates internationally. As of December 1, 2007,
Claire's Stores, Inc. operated 3,061 stores in the United States, Canada,
Puerto Rico, the Virgin Islands, the United Kingdom, Ireland, France,
Switzerland, Austria, Germany, Spain, Portugal, Belgium, and the
Netherlands. Claire's Stores, Inc. operates through its subsidiary,
Claire's Nippon, Co., Ltd., 202 stores in Japan as a 50:50 joint venture
with AEON, Co., Ltd. The Company also franchises 162 stores in the Middle
East, Turkey, Russia, Poland, and South Africa.
Additional Information:
Note: Other Claire's Stores, Inc. press releases, a corporate profile
and the most recent Annual Report on Form 10-K and Form 10-Q Equivalent are
available on Claire's business website at: http://www.clairestores.com.
SOURCE Claire's Stores, Inc.
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Related links: http://www.clairestores.com
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CONTACT: Marisa F. Jacobs, Vice President of Corporate Communications and Investor Relations of Claire's Stores, Inc., +1-212-594-3127, Fax, +1-212-244-4237, marisa.jacobs@claires.com
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