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Michele Delahunty Cloutier to Join Chico's FAS, Inc. as EVP & General Merchandise Manager - Chico's Brand

08/23/2006

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
-- FLW009 --
5087 08/23/2006 11:20 EDT http://www.prnewswire.com
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Investor Contact

  • David M. Oliver

  • Senior Vice President, Finance - Controller
  • cfo@chicos.com