Textiles, Apparel and Luxury Goods
Company Overview of Tommy Bahama Group, Inc.
Tommy Bahama Group, Inc. provides sportswear, swimwear, footwear, and accessories for men and women in the United States and internationally. It offers shirts, polos, T-shirts, sweatshirts, sweaters, jackets and blazers, pants, jeans, shorts, swim products, loungewear and boxers, shoes and sandals, cologne and grooming products, golf products, and wedding collection for men; and dresses, tops, sweaters, sweatshirts, shirts and tunics, polos, tees and tanks, loungewear, pants and capris, jeans, shorts, skirts, outerwear, swim products, shoes and sandals, jewelry, and fragrance and body care products for women. The company also provides home furnishings, including indoor furniture, outdoor fur...
428 Westlake Avenue North
Seattle, WA 98109-5223
Founded in 1992
Key Executives for Tommy Bahama Group, Inc.
President and Chief Operating Officer
Compensation as of Fiscal Year 2013.
Tommy Bahama Group, Inc. Key Developments
Tommy Bahama Group, Inc. Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended November 2, 2013
Dec 11 13
Tommy Bahama Group, Inc. announced unaudited earnings results for the third quarter and nine months ended November 2, 2013. For the quarter, the company reported net sales were $113,528,000 compared to $103,193,000 for the same period of last year. The increase was driven by sales from new stores and a comparable store sales increase of 8%, with particular strength in the e-commerce business. Operating income was $971,000 compared to $3,366,000 for the same period of last year. Adjusted operating income for the third quarter of fiscal 2013 was $1.7 million compared to $3.4 million in the third quarter of fiscal 2012 reflecting the deleveraging of SG&A.
For the nine months, the company reported net sales were $417,174,000 compared to $371,790,000 for the same period of last year. Operating income was $46,190,000 compared to $45,511,000 for the same period of last year.
Oxford Industries, Inc. and Tommy Bahama Group, Inc. Restates Credit Agreement
Nov 25 13
On November 21, 2013, Oxford Industries, Inc. entered into a First Amendment to Third Amended and Restated Credit Agreement, which amended the Third Amended and Restated Credit Agreement, dated June 14, 2012. The parties to the Revolving Credit Agreement, as amended, are the company and its subsidiary, Tommy Bahama Group, Inc., as the borrowers, certain domestic subsidiaries of the company as guarantors, the financial institutions party thereto as lenders, the financial institutions party thereto as issuing banks, and SunTrust Bank as administrative agent. The Revolving Credit Agreement provides for a revolving credit facility of up to $235,000,000. The Amendment amends the Revolving Credit Agreement as follows: extends the maturity date of the facility from June 14, 2017 to November 21, 2018; reduces the applicable margins used to determinate the applicable interest rate(s); and modifies certain other provisions and restrictions under the Revolving Credit Agreement to be more favorable to and/or less restrictive on the company.
Tommy Bahama Announces New Co-Branded Collection of Officially Licensed NFL Apparel
Nov 6 13
Tommy Bahama Group, Inc. has entered into an agreement with the National Football League to create an officially licensed collection of premium lifestyle apparel. This prestigious collaboration will yield a distinctive series of highly focused Tommy Bahama lifestyle apparel custom designed solely for the NFL. The multi-year agreement begins with the release of two custom designed styles for select NFL teams that will be available in late November. The first style is a half-zip pullover that features NFL team logos on the left sleeve and back collar and retails for $148. The second style is a full-zip team jacket with NFL team logos and trim on the inside neck and a large team logo on the back. Made of a luxurious, high tech Italian wool/nylon fabric, the jacket will retail for $295 and is heat insulating, lightweight, and incorporates stretch for comfort.
Similar Private Companies By Industry
Recent Private Companies Transactions