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By 2003 the company delivered sales of $473.1 million and $9.15 million in profit. Sales were $518.8 million in 2004, up 9.7% from the previous year. Net Income was $12.3 million. In May 2004 the company raised $41 million in a secondary stock offering. [5]
Get lifestyle news, with the latest style articles, fashion news, recipes, home features, videos and much more for your daily life from AOL.
Payless ShoeSource Worldwide, LLC [3] (formerly known as Payless ShoeSource Inc.), is an American multinational discount footwear chain. Established in 1956 by cousins Louis and Shaol Pozez, Payless was a privately held company owned by Blum Capital, and Golden Gate Capital.
Edison Brothers Stores – operator of numerous shoe and clothing chains, including Bakers Shoes, Wild Pair, J. Riggings, Oaktree, Foxmoor and Fashion Conspiracy. Company was liquidated in 1999, though some chains it operated, including Bakers, have survived. Fashion Bug – plus-size women's clothing retailer that once spanned more than 1000 ...
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The company was started as M and M Sports in 1987 by Mark Ellis and Martin Churchward. [5]Following a buy-out by private equity group ECI Partners in 2004 the company’s identity changed to MandM Direct in order to reflect their move into selling fashion and lifestyle brands.
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