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"We are very happy to have quickly returned to compliance with the NYSE listing standards. The cornerstone of our business plan was the continued successful transition to the Justice store brand and we are pleased that our value message is reaching customers and they are acting on it," said Michael Rayden, Tween Brands chairman and chief executive officer.
The Company will be subject to a 12-month follow-up period to ensure that it remains in compliance with the NYSE's continued listing standards, as well as being subject to its normal monitoring procedures.
About Tween Brands, Inc.
Headquartered in New Albany, Ohio, Tween Brands (NYSE:TWB) is the largest premier tween specialty retailer in the world. Through our powerhouse brand, Justice, Tween Brands provides the hottest fashion merchandise and accessories for tween (age 7-14) girls.
Known as the destination for fashion-aware tweens, Justice stores proudly feature outgoing sales associates who assist girls in expressing their individuality and self-confidence through fashion. Visually-driven catazines and direct mail pieces reach millions of tween girls annually, further positioning Tween Brands as a preeminent retailer in the tween marketplace.
Over 900 Justice stores are located throughout the United States and internationally. Additionally, Tween Brands offers its fashions to tween girls and their parents through its e-commerce site, www.shopjustice.com.
In August 2008, Tween Brands announced plans to transition to a single brand, taking the best of Limited Too and the best of Justice to create a fresh, new Justice. With a focus on providing tween girls the absolute best experience possible, Tween Brands looks toward the future with a single store brand, a single focus, and a single mission: to celebrate tween girls through an extraordinary experience of fashion and fun in an everything-for-her-destination.
For more information visit www.tweenbrands.com and www.shopjustice.com.
SOURCE: Tween Brands, Inc.
Analysts Contact Tween Brands Suzie Stoddard, Director, Investor Relations & Finance, 614-775-3488
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