Kuhlman Company launches 2 retail stores during June
23 Jun '05
2 min read
Specialty apparel retailer & wholesaler Kuhlman Company Inc announced it has opened its second Manhattan retail store location at 79 West 12th Street, as well as a new store in Omaha, Nebraska, bringing the Company's total number of stores to 33.
The second store in New York City is a new location in Greenwich Village, a strong brand building location with excellent traffic. The Company believes that this location will both significantly outperform its average location in terms of sales and contribution and will also serve to enhance the Company's image and competitive position as a high-value retailer of contemporary, tailored fashion for style-conscious young men and women. The Company has been very pleased with initial results from the first Manhattan store opening, in Rockefeller Center.
Scott Kuhlman, Chief Executive Officer, commented, "We are very pleased with the performance of our recent store openings. We believe that the Kuhlman concept is filling a void in the market for high-quality, fashionable tailored apparel with an excellent value proposition.
As we continue to roll out our concept, we believe we have an excellent opportunity to grow our company into one of the country's leading specialty retailers and to drive strong returns to our shareholders."
The Company continues to target opening at least 25 new locations during their fiscal year ending on January 1, 2006. The Omaha, Nebraska location is expected to open on June 24, 2005. 24, 2005.
Kuhlman offers both men's and women's apparel, under the Kuhlman brand through company-owned retail stores and under private labels through other large retailers.
Kuhlman opened its first retail store in July 2003 and now operates thirty-three (33) retail stores in 16 states. At present, six of the company's stores are a woman's specialty boutique format. Kuhlman has approximately 150 employees and its corporate office is located in Minneapolis, MN.
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