BNET Industries
Market Cap:$79.1M
Last Fiscal Year Sales:$69.1M
- Public
- US
Dow Jones Description
Innovo brings innovation to the clothing market. Founded in 1987 and headquartered in Commerce, CA, Innovo Group Inc. (NASDAQ-CM: INNO) designs, sources, and distributes private label and branded clothing items and accessories. The company focuses on trendy clothes, operating through its wholly-owned subsidiaries, Innovo, Inc., Innovo Azteca Apparel, Inc., and Joe's Jeans, Inc. It has operations in New York, Los Angeles, Tokyo, Paris, Hong Kong, and other places. The company had 2005 revenue of about $108.6 million and employs about 125 people. In May 2006, it sold its private label apparel division.
Interim Chief Executive Officer, President, Chief Financial Officer & Director
Marc CrossmanNumber of Employees 81
Peer Companies
NAICS Code Textile and Fabric Finishing (except Broadwoven Fabric) Mills: 313312
Recent Events
-
Joe's Jeans Reports a 16% Increase in Third Quarter 2009 Net Sales
-
Joe's Jeans Inc.: Joe's Jeans Enters Into Agreement to License Belts
-
Joe’s Jeans Inc. JOEZ reports 3rd Quarter ending August 2009 below estimates
-
Joe's Jeans Inc.: Joe's Jeans Enters Into License Agreement for Children's Products
News & Analysis
Filter by
company and innovo group inc. - All News and Analysis
Innovo Group Announces the Hiring of a Chief Financial Officer
Innovo Group Inc. (NASDAQ: INNO) announced today that it has hired Hamish Sandhu as its Chief Financial Officer. Mr. Sandhu joins Marc Crossman, President and Chief Executive Officer, as part of the executive team for the Company. "We are pleased to announce the addition of Hamish to the...
Paul A. Robb Joins Innovo Group's Board of Directors
Innovo Group Inc. (NASDAQ: INNO) announced today that Paul A. Robb has been appointed to the Company's Board of Directors, effective June 8, 2006. Mr. Robb, a 30-year veteran of the retail apparel industry, presently serves as the Chief Executive Officer of the Lifestyle Design Group, the largest division...
Innovo Group Enters Into Distribution Outsourcing Agreement With Pixior, LLC
Innovo Group Inc. (NASDAQ: INNO) today announced it has entered into a written agreement with Pixior, LLC, a Los Angeles-based apparel distribution company, to outsource its product fulfillment services, which includes its warehousing, distribution and customer services needs for the Company's branded apparel products. Marc B. Crossman, President and...
Innovo Group Engages Piper Jaffray & Co. to Assist in Exploration of Strategic Alternatives
Innovo Group Inc. (NASDAQ: INNO) today announced that it has engaged Piper Jaffray & Co. to advise the Company's Board of Directors regarding strategic alternatives to enhance shareholder value, including but not limited to strategic acquisitions, a combination, sale or merger of the Company with another entity, and the raising...
Innovo Group Announces the Sale of Its Former Headquarters
Innovo Group Inc. (NASDAQ: INNO) today announced it is in the final stages of the disposition of its former headquarters located in Springfield, Tennessee. The Company has closed on two of three sales of the three separate parcels comprising the property, and plans to close the final contract on...
Innovo Group Announces Series of Strategic Initiatives
Innovo Group Inc. (NASDAQ: INNO) today announced a series of strategic initiatives designed to improve its financial performance, enhance its platform for the future, and improve shareholder value. The Company announced that Marc B. Crossman, President and Chief Financial Officer, will assume the additional title of Interim Chief Executive...
Innovo Group Announces the Hiring of Elena Pickett to the Position of Vice President of Sales
Innovo Group Inc. (NASDAQ: INNO), a sales and marketing organization designing and selling branded and private label apparel consumer products through retailers and distributors in the domestic and international marketplaces, today announced that it has hired Elena Pickett as its Vice President of Sales. In this new position for...
Innovo Group Reports 2005 Second Quarter Results
Innovo Group Inc. (NASDAQ: INNO) today announced net sales of $29.4 million for its second quarter ended May 28, 2005, a 15% increase over net sales of $25.6 million in the prior year comparative period. For the second quarter, the Company recorded net income from continuing operations of $423,000,...
Innovo Group Reports Fourth Quarter and Fiscal 2004 Results
Innovo Group Inc. (NASDAQ: INNO), on Friday, February 25, 2005, disclosed its financial results for the fourth quarter and its year ended November 27, 2004 in its Annual Report on Form 10-K filed with the Securities and Exchange Commission. The following is a summary and discussion of certain of...
Innovo Group to Present at the ICR XChange Leisure and Lifestyle Conference
Innovo Group Inc. (NASDAQ: INNO), a sales and marketing organization designing and selling branded and private label apparel and accessory products to the retail and private label markets, today announced that management will deliver a presentation on behalf of the company at the Integrated Corporate Relations Seventh Annual XChange Conference...
- 1
- 2
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Marc Crossman | Interim Chief Executive Officer, President, Chief Financial Officer & Director |
| Shane Whalen | COO |
| Richard A. Quiroga | Vice President, Finance |
| Pierre Levy | General Manager, Operations, Apparel |
| Samuel J Jay | |
| Suhail R. Rizvi | Director |
| Tom O'Riordan | Member |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Dean Factor | Board of Directors |
| Kelly Hoffman | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Joe's Jeans Inc. | Chief Executive Officer (Principal Executive Officer), President and Director | Current |
| Joe's Jeans Inc. | Interim Chief Executive Officer, President, Chief Financial Officer & Director | Current |
| Joe's Jeans Inc. | Board of Directors | Current |
| Joe's Jeans Inc. | Board of Directors | Current |
| Joe's Jeans Inc. | President & CFO | Former |
| Joe's Jeans Inc. | Chief Financial Officer | Former |
| CIBC Oppenheimer | Vice President | Former |
| CIBC Oppenheimer | Equity Analyst | Former |
| Vanderbilt University | B.S. Degree In Mathematics | Former |
| Organization | Position | Status |
|---|---|---|
| Joe's Jeans Inc. | COO | Current |
| Organization | Position | Status |
|---|---|---|
| Joe's Jeans Inc. | Vice President, Finance | Current |
| Joe's Jeans Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Joe's Jeans Inc. | General Manager, Operations, Apparel | Current |
| Organization | Position | Status |
|---|---|---|
| Joe's Jeans Inc. | Current |
Dean Factor was born and raised in Los Angeles, California. He attended American University were he received his BS in Business Administration, and USC where he earned his MBA in Finance. Upon graduating from USC, Dean founded Smashbox Studio with his brother, Davis.Smashbox has grown into a worldwide cosmetics company that is distributed in over 50 countries around the world. Dean is the acting CEO of the business and oversees all business matters relating to the company. Dean is on the Board of Innovo Group (INNO: nasdaq), chairs the compensation committee, and is on the audit committee. Dean lives in Bel Air, California with his wife, Shannon, and their daughter, Claire.
| Organization | Position | Status |
|---|---|---|
| Cov-Dove | Board of Directors | Current |
| Joe's Jeans Inc. | Board of Directors | Current |
| American University | Bs In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Vtv, Incorporated | Chairman of the Board of Directors and Chief Executive Officer | Current |
| Varsity Media Group, Inc. | Founder and CEO | Current |
| Varsity Media Group, Inc. | Chairman of the Board of Directors | Current |
| Joe's Jeans Inc. | Director | Current |
| Joe's Jeans Inc. | Board of Directors | Current |
| Joe's Jeans Inc. | Member | Current |
| Joe's Jeans Inc. | Committee Member | Current |
| Amoco Corporation | Former | |
| Texas Tech University | majored in Business Administration | Former |
Suhail Rizvi, has served as a member of our Board of Directors since April 2003. Since 2004, Mr. Rizvi has served as founder and Chief Investment Officer of Rizvi | Traverse Management LLC and related funds. Mr. Rizvi has over twenty years of private equity investing experience for his own account and as a fiduciary for institutional investors through various entities or funds as founder, principal or manager. Mr. Rizvi also serves as Chairman of the Board of Directors of AG Holdings, a diversified investment company with interests in various manufacturing companies and as a member of the Board of Directors of International Creative Management, Inc., a global talent and literary agency. Mr. Rizvi received his B.S. degree in Economics from the Wharton School of the University of Pennsylvania and sits on the Wharton Undergraduate Executive Board.
| Organization | Position | Status |
|---|---|---|
| Joe's Jeans Inc. | Director | Current |
Thomas O'Riordan has served as a member of our Board of Directors since April 2006. Since March 2007, Mr. O'Riordan has served as Chief Executive Officer of American Sporting Goods Corporation, a privately held manufacturer and retailer of athletic footwear with such brands as And1, Avia, Ryka, Yukon, Triple 5 Soul, NSS and Nevados. Since October 2006, Mr. O'Riordan has served as a member of the Board of Directors of Cutter and Buck (CBUK), a publicly traded consumer apparel brand company. From 2004 to 2007, Mr. O'Riordan acting in an executive consulting and advisory capacity to the senior management team of Fila Holding Company, a publicly traded manufacturer and retailer of branded footwear, apparel and accessories, and to other investment advisors and funds in the retail and consumer products sector. From 1999 to 2004, Mr. O'Riordan served in various executive management capacities with Fila Holding Company, ultimately serving as CEO from 2003 to 2004. From 1995 to 1998, Mr. O'Riordan served as Director of Operations of Adidas America, a publicly traded manufacturer and retailer of branded athletic footwear, apparel and accessories. Mr. O'Riordan received his B.S. degree in Marketing and Management from Rider University.
| Organization | Position | Status |
|---|---|---|
| Joe's Jeans Inc. | Member | Current |
| Joe's Jeans Inc. | Board of Directors | Current |
Executive News
-
Joe's Jeans Inc.: Joe's Jeans Enters Into Agreement to License Belts
-
Joe's Jeans Enters Into Agreement to License Belts
-
Joe’s Jeans Inc. (JOEZ) reports 3rd Quarter ending August 2009 below estimates
-
Joe's Jeans Inc.: Joe's Jeans Reports Second Quarter 2009 Results
-
Joe's Jeans Reports Second Quarter 2009 Results
-
Joe's Jeans Inc.: Joe's Jeans Enters Into License Agreement for Children's Products
-
Joe's Jeans Enters Into License Agreement for Children's Products
-
Joe's Jeans Schedules Second Quarter 2009 Earnings Call
-
Joe's Jeans Schedules Second Quarter 2009 Earnings Call
Industry Transcripts by Seeking Alpha
-
Deere & Company F4Q09 (Qtr End 10/31/09) Earnings Call Transcript
on Nov 25, 2009about DE
-
Brown Shoe Co. Inc. Q3 2009 Earnings Call Transcript
on Nov 24, 2009about BWS
-
Daktronics Inc. F2Q10 (Qtr End 31/10/09) Earnings Call Transcript
on Nov 24, 2009about DAKT
-
Haynes International Inc. F4Q09 (Qtr End 09/30/09) Earnings Call Transcript
on Nov 24, 2009about HAYN
-
Valspar Corp. F4Q09 (Qtr End 30/10/09) Earnings Call Transcript
on Nov 23, 2009about VAL
IndustryTop Rated
- Google Offers Free Downloads of a Million Books 11 votes
- InsideView Disrupts Legacy Business Info Publishers Like Hoover's 9 votes
- Mobile is the New Mass Medium, For Better or Worse 8 votes
- As Income Mobility Falls, American Dream Fades 7 votes
- Flat World Knowledge: A Disruptive Business Model 6 votes

