The cuts are at stores and the company’s headquarters and Los Angeles design center.
Final sales are ongoing at all stores, with a final day of operation slated for May 27.
The bankrupt retailer plans to shutter at least 400 stores.
Rumblings of financial pressures have been plaguing the chain since its joint venture with Bluestar Alliance for the brand’s IP assets.
Stocks are moving higher on a disappointing jobs report as Aeropostale finds a buyer, while Lululemon disappoints investors.
Call them “Thelma & Louise” for Millennials. Bebe’s new fall ad campaign follows two girlfriends on a weekend escape.
New Bebe products, geared to better department stores, are expected to hit the market in 2017.
The struggling retailer recruits Naven twins Kym and Alexis McClay to design a yearlong collaboration and appear in the ad campaign.
The ceo, who has been relatively quiet since his return is looking forward to the summer collection, is not interested in low-ball sale offers and isn’t bothered by outside activist investor criticism.
The effects of stores closures was seen in the decrease of retail jobs for April, while Revlon beat its earnings estimates but Bebe delivered another big loss.
Bebe reported another quarter of losses and chief executive officer Manny Mashouf says he is looking for assets to sell.
Prentice Capital voiced fresh concerns about Bebe, this time over a board member’s potential conflict of interest.
The retailer’s recently returned ceo responds to accusations made by activist investor in a letter.
The activist investor isn’t backing down and sent a letter to the company via its attorney, requesting access to the retailer’s stock ledger and list of current stockholders.
Prentice Capital continues to put the heat on the struggling retailer urging it to explore its options, including a potential sale or merger.