Bebe
Bebe’s revenues have decreased since 2007 when the creative director Neda Mashouf left the organization and divorced her husband Manny Mashouf. In 1979 Manny developed the brand but the company has faced setbacks with the ongoing decline of malls and their popularity. The operating loss reportedly stood at $4.6 million in 2018. The company agreed to shell out $65 million to close its retail stores and concentrate on e-commerce.
Bebe
Pier 1 Imports
Pier 1 Imports saw a 9.2 percent fall in net sales in the first quarter of 2018, equivalent to $371.9 million annually. If this wasn’t a significant enough blow, then S&P Global analysts reduced their credit rating. The 10 percent tariff of current President Donald Trump on all Chinese goods is another explanation for their decline as more than half of their items are made in China.
Pier 1
