The Yankee Candle Company, Inc. Names Mike Thorne Senior Vice President, Wholesale Division; Former Sporting Goods Division Pre
21 Giugno 2006 - 10:51PM
Business Wire
The Yankee Candle Company, Inc. (NYSE:YCC), the leading designer,
manufacturer, wholesaler and retailer of premium scented candles,
announced today that Mike Thorne has joined the company as Senior
Vice President, Wholesale Division. He assumed his responsibilities
full time on June 19, 2006. Thorne joins Yankee Candle from Russell
Corporation, a leading branded athletic and sporting goods company,
where he was the President of the Bike and Athletic Team Division.
Prior to joining Russell in 2005, he served as Vice President of
Sales for the Spalding Division of Russell Corporation. Thorne also
held numerous senior sales positions with Pentland LLC, Franklin
Sporting Goods Company, and Wilson Sporting Goods. "Mike is a
seasoned leader, who brings a strong track record of building
independent and national account businesses" said Harlan Kent,
President and Chief Operating Officer. "He has successfully built
business teams that are customer centric and focused on account
planning and customer marketing. He also has demonstrated his
ability to build sales and profits in each of his assignments." "I
am very excited to be joining Yankee Candle," said Mike Thorne. "We
have a powerful brand and a talented team. I am confident we can
continue to build our Wholesale Business in North America and
abroad." About The Yankee Candle Company, Inc The Yankee Candle
Company, Inc. is the leading designer, manufacturer, wholesaler and
retailer of premium scented candles, based on sales, in the
giftware industry. Yankee has a 36-year history of offering
distinctive products and marketing them as affordable luxuries and
consumable gifts. The Company sells its products through a North
American wholesale customer network of approximately 17,000 store
locations, a growing base of Company owned and operated retail
stores (381 located in 42 states as of April 1, 2006), direct mail
catalogs, its Internet website (www.yankeecandle.com),
international distributors and to a European wholesale customer
network of approximately 2,300 store locations (through its
distribution center located in Bristol, England). This press
release may contain certain information constituting
"forward-looking statements" for purposes of the safe harbor
provisions of The Private Securities Litigation reform Act of 1995.
Forward-looking statements include but are not limited to any
statements concerning the Company's or management's plans,
objectives, goals, strategies, expectations, estimates, beliefs or
projections, or any other statements concerning future performance
or events. Actual results could differ materially from those
indicated by these forward-looking statements as a result of
various risks and uncertainties, including but not limited to the
following: the current economic conditions in the United States as
a whole and the continuing weakness in the retail environment; the
risk that we will be unable to maintain our historical growth rate;
the effects of competition from others in the highly competitive
giftware industry; our ability to anticipate and react to industry
trends and changes in consumer demand; our dependence upon our
senior executive officers; the risk of loss of our manufacturing
and distribution facilities; the impact on our stock price of
seasonal, quarterly and other fluctuations in our business; and
other factors described or contained in the Company's most recent
Quarterly Report on Form 10-Q or Annual Report on Form 10-K on file
with the Securities and Exchange Commission. Any forward-looking
statements represent our views only as of today and should not be
relied upon as representing our views as of any subsequent date.
While we may elect to update certain forward-looking statements at
some point in the future, we specifically disclaim any obligation
to do so even if experience or future events may cause the views
contained in any forward-looking statements to change.
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