FORT MYERS, Fla., Aug. 23 /PRNewswire-FirstCall/ -- Chico's FAS, Inc.
(NYSE: CHS) today announced an addition to its executive management team as
part of its continuing effort to position the Company for its future growth.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/CHICOLOGO )
Michele Delahunty Cloutier is joining the Company as Executive Vice
President - General Merchandising Manager - Chico's Brand. Ms. Cloutier will
be reporting to Patricia Murphy Kerstein, Chief Merchandising Officer -
Chico's Brand. In this new role, Ms. Cloutier will be responsible for
overseeing and directing all merchandising activities for the Chico's brand as
well as the planning and allocation function.
Ms. Cloutier was most recently an independent consultant. From 2003 to
2004, she served as Senior Vice President - General Merchandising Manager at
Ann Taylor Stores. From 1993 to 2002, she held several senior merchandising
roles in multiple divisions at The Gap, Inc. She also held buying positions
at Macy's and Abraham & Strauss early in her career.
Scott A. Edmonds, President & CEO commented, "I am delighted to welcome
Michele to Chico's. The new perspective she brings to the Company should
enable us to continue building the Chico's brand in the marketplace.
Michele's creativity and merchandising insight will be important in helping to
develop the growth strategies and product programs required to propel the
Chico's brand past the $2 billion sales mark."
The Company is a specialty retailer of private label, sophisticated,
casual-to-dressy clothing, intimates, complementary accessories, and other
non-clothing gift items. The Company operates 826 women's specialty stores,
including stores in 47 states, the District of Columbia, the U.S. Virgin
Islands and Puerto Rico operating under the Chico's, White House | Black
Market, Soma by Chico's and Fitigues names. The Company owns 516 Chico's
front-line stores, 32 Chico's outlet stores, 216 White House | Black Market
front-line stores, 11 White House | Black Market outlet stores, 27 Soma by
Chico's stores, 10 Fitigues front-line stores and 1 Fitigues outlet store;
franchisees own and operate 13 Chico's stores.
Certain statements contained herein, including without limitation,
statements addressing the beliefs, plans, objectives, estimates or
expectations of the Company or future results or events constitute "forward-
looking statements" within the meaning of the Private Securities Litigation
Reform Act of 1995, as amended. Such forward-looking statements involve known
or unknown risks, including, but not limited to, general economic and business
conditions, and conditions in the specialty retail industry. There can be no
assurance that the actual future results, performance, or achievements
expressed or implied by such forward-looking statements will occur. Users of
forward-looking statements are encouraged to review the Company's latest
annual report on Form 10-K, its filings on Form 10-Q, management's discussion
and analysis in the Company's latest annual report to stockholders, the
Company's filings on Form 8-K, and other federal securities law filings for a
description of other important factors that may affect the Company's business,
results of operations and financial condition. The Company does not undertake
to publicly update or revise its forward-looking statements even if experience
or future changes make it clear that projected results expressed or implied in
such statements will not be realized.
For more detailed information, please call (877) 424-4267 to listen to the
Company's monthly sales information and investor relations line
A copy of a slide show addressing the Company's recent financial results and
current plans for expansion is available on the Company's website at
http://www.chicos.com in the investor relations section
Additional investor information on Chico's FAS, Inc. is available free of
charge on the Company's website at http://www.chicos.com in the investor
relations section
Executive Contacts:
Charles J. Kleman
Executive Vice President
Chief Financial Officer
Chico's FAS, Inc.
(239) 274-4105
F. Michael Smith
Vice President
Investor and Community Relations
Chico's FAS, Inc.
(239) 274-4797
SOURCE Chico's FAS, Inc.
-0- 08/23/2006
/CONTACT: Charles J. Kleman, Executive Vice President, Chief Financial
Officer, +1-239-274-4105, or F. Michael Smith, Vice President, Investor and
Community Relations, +1-239-274-4797, both of Chico's FAS, Inc./
/Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20030428/CHICOLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com /
/Web site: http://www.chicos.com /
(CHS)
CO: Chico's FAS, Inc.
ST: Florida
IN: REA
SU: PER
DS-JK
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5087 08/23/2006 11:20 EDT http://www.prnewswire.com