Braun's Fashions Appoints Anne L. Jones to its Board of Directors
Minneapolis, MN, January 13, 2000 - Braun's FashionsCorporation (Nasdaq: BFCI) today announced the appointment of Anne L.Jones, to the Company's Board of Directors. The appointmentof Ms. Jones increases its Board of Directors to eightmembers.
Ms. Jones, age 54, is president of Jones ConsultingGroup, an organizational development consulting firm, whichwas formed in 1979. The company specializes in strategicplanning services and management development for a number oforganizations which range from Fortune 500 companies to smalland mid-size service and manufacturing companies. Clientshave included retail, banking, and insurance firms wherecustomer satisfaction is key. Prior to forming JonesConsulting Group, Ms. Jones spent 10 years with IBM in sales,product development and customer service.
Ms. Jones presently serves on the Board of Directors ofthe Goodhue County National Bank, and the Board of Directorsof the Fairview Redwing Health Care System, both inMinnesota. In addition, Ms. Jones serves on numerousCharitable and Public Service Boards.
Bill Prange, Chairman and Chief Executive Officer ofBraun's commented, "We are extremely pleased to have Annejoin our Board of Directors. Our future growth will benefitgreatly from her extensive consulting experience andstrategic planning insight. We are confident that Anne'sexperience, knowledge, and talents will be valuable assets toBraun's as we continue to execute our long-term goals andstrategies."
Braun's Fashions Corporation is a Minneapolis-basedspecialty retailer of women's clothing and accessoriesproviding exclusive fashions under the Christopher and Bankslabel. Presently, the Company has 223 stores operating in 26states, located primarily in the northern regions throughoutthe United States.
This release contains forward-looking statements regarding future performance of the Company. The achievement of such results is subject to certain risks and uncertainties, including changes in economic, market andweather conditions, the effect of consumer tastes andspending habits, the realization of expected economies gainedthrough the use of private label and direct importmerchandise, management of growth and other factors outsidethe Company's control, including factors discussed from timeto time in the Company's filings with the Securities andExchange Commission. Readers are cautioned not to placeundue reliance on forward-looking statements, which reflectmanagement's analysis only as of the date hereof. TheCompany undertakes no obligation to update these forward-looking statements to reflect events or circumstances thatmay arise after the date hereof.
For more information on Braun's Fashions Corporation, visitour website at www.braunsfashions.com orwww.christopherandbanks.com
CONTACT: Braun's Fashions Corporation Bill Prange Chairman and Chief Executive Officer (612) 551-5000 Investor Relations: Shannon Moody/Natasha Boyden Media Relations: Michael McMullan/David Nugent Morgen-Walke Associates (212) 850-5600