New York & Company
Public | |
Traded as | NYSE: NWY |
Industry | Retail |
Founded | 1918 |
Headquarters |
330 West 34th Street New York, New York |
Number of locations | 553 (2011)[1] |
Key people | Greg Scott, CEO |
Products | Women's Apparel & Accessories |
Revenue | $1.14 billion |
Website |
www |
New York & Company, Inc., is an American wear-to-work retailer for women. New York & Company apparel and accessories are sold through a nationwide network of retail stores, New York & Company Outlet Stores and through its ecommerce site.
NY&C headquarters are in New York City as is the flagship store located on 58th Street and Lexington Avenue. Greg Scott has been the company’s CEO since 2011.
New York & Company was founded in 1918 as Lerner Shops by Samuel A. Lerner and Harold M. Lane in New York City. Samuel Lerner was the uncle of renowned lyricist Alan Jay Lerner. In 1992, the company changed its name to Lerner New York and in 1995 to New York & Company. They have been publicly traded since 2004.
NY&C history
- 1918 - The Lerner brothers, blouse manufacturers, open the first Lerner Shops store in New York City; 18 more shops opened later that year
- 1930 - The first West Coast Lerner Shops location opens in Los Angeles, California
- 1985 - Limited Brands purchases the company
- 1992 - The company changes its name to Lerner New York
- 1995 - The New York & Company brand, one of several labels Lerner New York carries, is introduced
- 2002 - Lerner New York/New York & Company becomes an independent company when it is purchased from Limited Brands
- 2005 - Flagship NY&C store opens in New York City at 58th Street and Lexington Avenue
- 2006 - Ecommerce site nyandcompany.com is launched
- 2010 - The New York & Company Outlet division is launched
- 2011 - Greg Scott is appointed CEO
- 2012 - NY&C Beauty, including fragrance, lip, and nail products, is launched
- 2013 - The Eva Mendes Collection,[2] an exclusive collection designed in collaboration with actress Eva Mendes, is launched nationwide
Celebrity partnerships
Numerous celebrities have appeared in marketing initiatives for New York & Company including; Eva Longoria,[3] Brooke Shields,[4] Iman, Cindy Crawford, Eva Jeanbart-Lorenzotti,[5]Jennifer Hudson, Maria Menounos, Ellen Pompeo and Patrick Dempsey.[6]
References
- ↑ New York & Company, Inc. Announces First Quarter 2011 Results
- ↑ "Eva Mendes Gives Peek at New Line, Shares Beauty Tips". http://abcnews.go.com/. ABC News; Good Morning America. Retrieved 4 April 2014. External link in
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(help) - ↑ Lockwood, Lisa. "New York & Co. Signs Eva Longoria" (08/11/2005). WWD.
- ↑ "Brooke Shields, Print Ad". http://www.imdb.com. External link in
|website=
(help) - ↑ Miller, Linda. "Eva Jeanbart-Lorenzotti to debut collection at New York & Company". News OK. Retrieved 9 August 2012.
- ↑ Marsi, Steve. "Ellen Pompeo and Patrick Dempsey For New York & Company: Holiday Style". Retrieved 6 November 2006.