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April 24, 2008
Joe's Jeans Steps Into Retail With Chicago Store
Joe’s Jeans is venturing into retail with the opening of its first branded store in Chicago. The almost 1,900-square foot space, due to open in August, will showcase Joe’s premium denim line and complementary collection pieces.
The company is planning to open 50 new doors in the next five years, saying that margins in retail are higher than in wholesale. Even with lower margins, Joe’s managed to report a 75% sales increase for 2007 to $63 million.
Posted by Blacks on April 24, 2008 09:30 AM
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