Bebe stores, inc. Announces Changes to Board of Directors
April 24, 2019 at 06:59 pm EDT
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bebe stores, inc. announced Perry M. Mandarino has been appointed to the Company's Board of Directors, effective April 22, 2019. Kenneth M. Young, a director on the Board since 2018, has resigned his role to focus on other endeavors, effective on the same date. Mr. Mandarino is an accomplished business executive who brings more than 30 years of experience in corporate finance and significant retail and consumer industry expertise. Mr. Mandarino currently serves as senior managing director, co-head of investment banking and head of corporate restructuring at B. Riley FBR, Inc. He has advised more than 400 companies over the course of his career as a financial advisor and has significant experience helping retail and consumer companies navigate complex debt and equity transactions and in developing strategic solutions in support of companies' business transformation initiatives.
bebe stores, inc. is primarily engaged in the business of operating retail rent-to-own franchise stores. The Company's rent-to-own Buddy's franchise stores offer furniture, appliances, and consumer electronics to consumers through rent-to-own agreements. The Company leases space for all of its Buddy's franchise stores under operating leases. It offers various product categories, including Featured, New, Clothing, Dresses, Denim, Shoes, and Accessories. Its Featured category includes Bandage Dresses, Bridal, Fall, and Halloween, among others. Its Clothing category includes Tops, Bottoms, Denim, Jackets, and Activewear, among others. Its Dresses category consists of Bandage Dresses, Bodycon Dresses, Denim Dresses, Little Black Dresses, Logo Dresses, Mini Dresses, Midi Dresses, Maxi Dresses, and others. Its Accessories include Bags, Belts, Hats, Shoes, Sunglasses, Watches. The Company operates approximately 64 stores in 12 states in the southeastern United States.
BEBE STORES, INC. 
