Executive Vice President, Chief Marketing Officer & eCommerce
Head of Customer Experience
Express was founded in the year 1980. The Company has been operational for almost 39 years now. The former name of the Company was Limited Express, which was a women's clothing store opened in the Chicago's Water Tower Place. The former CEO named Michael Weiss joined the brand in the year 1981 when the Company had expanded to include eight stores. By the year 1986, Express had almost 250 stores and began testing the sale of men's merchandise as well, in nearly 16 stores the following year. The men's fashion line was spun off into its own brand, named Structure, in the year 1989. As of the year 2001, Express became a dual-gender brand with the reintegration of its Structure stores as 'Express Men' as well. Dual gender Express stores began opening as well, in the following year too. The Structure apparel brand was sold to Sears in the year 2003.
In the year 2007, Limited Brands announced its intent to sell off almost 67 per cent stake in Express to an affiliate of a private equity firm called Golden Gate Capital Partners, based in San Francisco, USA. When the sale was finalized, Golden Gate's stake in the Company was almost 75 per cent instead of the previously announced 67 per cent. Then in the year 2010, the Company had sold 16 million shares, raising about $272 million in total. Since the Company's IPO or Initial Public Offering, Golden Gate and Limited Brands gradually reduced their ownership interest in the Company. As of the year 2011, Limited Brands sold its remaining ownership interest in the Company, and as a result of this disposition, ceased to be a related party as well, of the end of the second quarter of the year 2011. Then in the year 2012, Golden Gate sold its remaining ownership interest in the Company too, and it no longer had representation on the Board as well. In the year 2017, Express announced that it would be closing down all its 17 Canadian stores in Ontario, British Columbia and Alberta as part of a most challenging retail environment and also unfavourable exchange rates too as well. In the year 2005, the Company had introduced the denim line, followed by a limited women's collection designed by Celia Birtwell in the year 2008. In the year 2009, the Company expanded its denim line to low waist jeans too. The headquarters of the Company is based in 3600 Veterans Drive Suite 1. The name of the place is Traverse City, while the name of the state is Michigan, USA. The pin code of the area is 49684.
Express is an American company that focuses on the designing and manufacturing of various kinds of special apparel items as well as accessories as well, offering products for both men and women. As of the year 2015, the Company had its presence in over 640 locations all over the USA, Peurto Rico and previously in Canada. The Company sells its products in Canada via online only now and closed down its retail stores in the process. As of the year 2016, the total yearly revenue generated by the Company is more than $2.1 billion. Also, as of the year 2017, the total number of employees working at the Company is more than 17,000. The current CEO of the Company is David Komberg.
The primary services provided by the Company include allowing customers to have a retail as well as an online presence in order to purchase various kinds of clothing, apparels, accessories and other fashion items for both men and women, that are manufactured, marketed and sold by the Company itself. The products of the Company include casual wear, work wear, jeanswear, party apparels, etcetera.
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