EX-99.1 2 exhibit991oct242007.htm EXHIBIT 99.1 OCTOBER 24, 2007 exhibit991oct242007.htm
 
 
 
             
        EXHIBIT 99.1
    

PRESS RELEASE
 

 

 

 
CHARMING SHOPPES, INC. TO PARTICIPATE IN THE
 
SUSQUEHANNA FINANCIAL GROUP’S THIRD ANNUAL CONSUMER FOCUS FORUM
 

 
Bensalem, PA.,  October 24, 2007 - Charming Shoppes, Inc.,  (NASDAQ: CHRS) a leading multi-brand, multi-channel specialty apparel retailer specializing in women's plus-size apparel, is scheduled to participate in Susquehanna Financial Group’s Third Annual Consumer Focus Forum on Thursday, October 25, 2007 at 11:05 a.m., Eastern time.

Gayle M. Coolick, Director of Investor Relations, will represent Charming Shoppes at the conference.

The Company’s audio portion of the presentation will be available live at http://www.charming.com/investors/manage/index.asp, on Thursday, October 25, 2007.  A replay of the presentation will be available for 90 days.

Charming Shoppes, Inc. operates 2,425 retail stores in 48 states under the names LANE BRYANT®, FASHION BUG®, FASHION BUG PLUS®, CATHERINES PLUS SIZES®, PETITE SOPHISTICATE®, LANE BRYANT OUTLETTM, and PETITE SOPHISTICATE OUTLETTM. Additionally, apparel, accessories, footwear and gift catalogs, including the following titles, are operated by Charming Shoppes’ Crosstown Traders:  Lane Bryant WomanTM, Old Pueblo Traders®, Bedford Fair®, Willow Ridge®, Lew Magram®, Brownstone Studio®, Regalia®, Intimate Appeal®, Monterey Bay Clothing Company®, Coward® Shoe and Figi's®.

The Company’s presentation will contain certain forward-looking statements concerning the Company's operations, performance, and financial condition. Such forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from those indicated. Such risks and uncertainties may include, but are not limited to: the failure to implement the Company's business plan for increased profitability and growth in the Company's retail stores and direct-to-consumer segments, the failure to successfully implement the Company's expansion of Cacique through new store formats, the failure of changes in management to achieve improvement in the Company’s competitive position, the failure to successfully implement the Company's integration of operations of, and the business plan for, Crosstown Traders, Inc., adverse changes in costs vital to catalog operations, such as postage, paper and acquisition of prospects, declining response rates to catalog offerings, failure to maintain efficient and uninterrupted order-taking and fulfillment in our direct-to-consumer business, changes in or miscalculation of fashion trends, extreme or unseasonable weather conditions, economic downturns, escalation of energy costs, a weakness in overall consumer demand, failure to find suitable store locations, increases in wage rates, the ability to hire and train associates, trade and security restrictions and political or financial instability in countries where goods are manufactured, the interruption of merchandise flow from the Company's centralized distribution facilities, competitive pressures, and the adverse effects of natural disasters, war, acts of terrorism or threats of either, or other armed conflict, on the United States and international economies. These, and other risks and uncertainties, are detailed in the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the fiscal year ended February 3, 2007 and other Company filings with the Securities and Exchange Commission. Charming Shoppes assumes no duty to update or revise its forward- looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.

CONTACT:
Gayle M. Coolick
 
Director of Investor Relations
 
(215) 638-6955