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News Breaks | | | | January 4, 2013 | | 08:02 EDT |  | OXM | Oxford Industries should be aggressively bought, says Brean Capital
Brean Cpaital believes now is the opportune time to be aggressive in purchasing shares of Oxford Industries citing management's steps to reduce the negative impact of its Ben Sherman division, the strong performance of its Tommy Bahama and Lily Pulitzer brands, and current valuation. Shares are Buy rated with a $60 price target. | |
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News For OXM From The Last 14 Days Check below for free stories on OXM the last two weeks. |
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| May 7, 2013 | | 10:05 EDT | | OXM | Tommy Bahama acquires brand's Canadian operations from its licensee
Tommy Bahama, an operating group of parent company Oxford Industries (OXM), announced that it has closed a deal to acquire the business operations relating to the Tommy Bahama business in Canada from its licensee, the Jaytex Group. The acquired operations include nine Tommy Bahama retail stores in Canada and a wholesale business with high end department stores and specialty retailers, including Hudson's Bay Company. The nine retail stores consist of five in Ontario, two in Alberta and two in British Columbia. | |
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