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Balance Sheet Cash Flow Statement 450 W. 33rd St., 5th Fl. New York, NY 10001 NY Tel. 212-884-2000 Fax 212-884-2396 |
Type: Public
On the web:
http://www.nyandcompany.com
Employees:
8,129
Employee growth: (2.8%)
New York & Company has taken a bite out of fashion's big apple. The firm caters to women looking for moderately priced apparel (jeans, dresses, and coordinates) and accessories (sunglasses, costume jewelry, handbags, and hosiery) at the mall. The chain sells its proprietary branded fashions through some 590 stores in about 45 states and online. New York & Company closed its 23-store Jasmine Sola chain (acquired in 2005) in 2007. Founded in 1918 and operated as a subsidiary of Limited Brands from 1985 to 2002, the chain was sold in 2002 to an investor team including CEO Richard Crystal and Irving Place Capital for $153 million. The new owners took New York & Company public in 2004.
Key numbers for fiscal year ending January, 2009:
Sales: $1,139.9M
One year growth: (4.6%)
Net income: ($19.8)M
Officers:
Chairman and CEO: Richard P. Crystal
EVP and CFO: Sheamus G. Toal
EVP Real Estate and Strategic Initiatives: John D. DeWolf III
Competitors:
AnnTaylor
Express, LLC
The Gap
