Harold's Stores Financial Information
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Harold's Stores News
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Stores, Inc. was a Dallas based chain of traditional, high-end classic styled
ladies and men's specialty apparel stores. The chain operated 43 stores
in 19 mid-western and southeastern states in the United States. Prior
to its bankruptcy filing, the company employed 624 people.
was granted bankruptcy liquidation on November
10, 2008 and began liquidating
its stores immediately.
Historical Reference Prior to Bankrupcy:
Harold's Stores, Inc. is a multi-channel specialty retailer of ladies' and
men's apparel, including accessories and footwear. Through a chain of ladies'
and men's specialty apparel stores in 19 states, the Company offers apparel
to consumers primarily in the 30 to 50-year-old age group. The Company also
operates a direct business consisting of catalog and Internet. As of February
2, 2008, the Company's 43 stores comprised 41 full-price retail stores and
two outlet stores to clear markdowns and slow-moving merchandise. During
the fiscal year ended February 2, 2008 (fiscal 2007), the Company's direct
business represented approximately 7% of the total sales. More than 95%
of sales consist of Harold's Stores, Inc.'s own designs controlled by its
own designers and merchants, and sourced by manufacturing staff from domestic,
European and Asian manufacturers. Harold's Stores, Inc. also markets its
merchandise through its Website at www.harolds.com.
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