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Tilly’s co-founder Hezy Shaked takes over CEO role

Tilly’s, Inc. has appointed Hezy Shaked, the company’s co-founder and executive chairman of the board, as its president and chief executive officer. “As the co-founder of this 42-year-old company, there is no one who cares about it more deeply than I do. I remain fully committed and enthusiastic about making every effort to work toward improving...

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ManagementFeatured

Tilly’s reports difficult Q4, comparable sales decrease 8.8 percent

Tilly’s net sales were 173 million dollars in the fourth quarter, a decrease of 7.3 million dollars or 4.1 percent, while comparable net sales, including both physical stores and e-commerce decreased by 8.8 percent. Full year net sales were 623.1 million dollars, a decrease of 49.2 million dollars or 7.3 percent, while comparable net sales,...

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