Tilly’s Hoping For $100 Million IPO

by The Editors on July 1, 2011

Tillys LogoOur least favorite bargain action fashion retailer, Tilly’s, has reportedly filed to go public, according to a story in the Orange County Business Journal.

It’s a major move under new Chief Executive Daniel Griesemer, who joined the company in February from women’s clothing and accessories retailer and catalog company Coldwater Creek in Idaho. . . Griesemer replaced longtime head and company founder Hezy Shaked. . . The retailer saw sales of $332.6 million last year, which was up 17.6% from a year earlier, according to the filing. . . .In the last five years, Tilly’s entered 25 new markets and doubled its total number of stores.

Go get ’em tigers.

[Link: OC Business Journal]

{ 4 comments… read them below or add one }

yeah right July 2, 2011 at 8:01 am

gee these guys suck, when will the industry wake up and quit being played. They flat out said they want to increase exclusive products. Helps us get people in the store so we can sell them a house brand. Its amazing companies help people do this.

John July 2, 2011 at 6:33 pm

(Yeah Right) what the hell are you talking about?

yeah right July 4, 2011 at 11:07 am

talking the truth john, all these mall stores pull people in with a volcom window , then sell them some stupid bullhead house brand

coffee ciggarettes July 5, 2011 at 2:04 pm

Tilly’s hoping to capatalize on the eventual downsizing of PacSun.

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