Joe’s Jeans, Inc. has just signed nine leases for new company stores in the Premium Outlet Stores malls around the country. One of them will be opening here in Carlsbadistan, soon, according to a story on CNN/Money.
Marc Crossman, President and CEO, commented, “Pursuing Company owned outlet stores allows us to control our off-price distribution in a Joe’s branded environment thereby maintaining our brand identity and integrity. Accordingly, we are pleased to partner with Premium Outlets®, the outlet division of Simon Property Group (NYSE: SPG), which owns and operates the most productive outlet centers in the country.” Crossman continued, “It is important to note that opening outlet stores is just one component of our retail strategy. In the coming months, we expect to have additional announcements concerning our full-price retail store openings.”
Not a bad addition to the shopping zone.
[Link: CNN/Money]
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