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Oxford Brands Expand

ATLANTA-Together, the two brands will open 12 new stores in the United States and in the United Kingdom.

By Jennifer D. Duell | Updated on June 03, 2005

ATLANTA-Tommy Bahama and Ben Sherman, two brands operated by Oxford Industries Inc., are expected to grow substantially during fiscal year 2006, accordingto the company’s chairman and CEO J. Hicks Lanier.

Oxford plans to open eight Tommy Bahama stores during fiscal year 2006, bringing the total number of stores in the United States to 60. Eleven Tommy Bahama storesopened during fiscal 2005. The first Ben Sherman stores in the US will open during the same period, one in Los Angeles and one in New York City. The company will open also open two Ben Sherman stores in the brand’s home country of the United Kingdom, boasting the total number of stores to four.

“The Tommy Bahama and Ben Sherman brands just continue to perform well, generating strong growth and an increasing percentage of our profitability,” Hicksays. “Looking forward, we are enthusiastic about the positioning and growth prospects of our various segments.”

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