Buckle (clothing retailer) explained

The Buckle, Inc.
Type:Public
Founder:David Hirschfeld
Location City:Kearney, Nebraska, U.S.
Locations:451
Area Served:United States
Industry:Retail
Products:Clothing, footwear, and accessories
Services:Clothing retail
Revenue: US$913.38 million (2017)[1]
Operating Income: US$134.08 million (2017)
Net Income: US$89.7 million (2017)
Assets: US$538.12 million (2017)
Equity: US$391.24 million (2017)
Num Employees:9,000 (2017)

The Buckle, Inc. is an American fashion retailer selling clothing, footwear, and accessories for men, women, and children.[2] The company operates 451 stores in 42 states throughout the United States of America, under the names Buckle and The Buckle.[3] [4] Buckle markets brand name and private label apparel, including denim, other casual bottoms, tops and shirts, dresses and rompers, sportswear and athleisure, outerwear, footwear, swimwear, fragrances, sunglasses, bags and purses, wallets, and other accessories.[5]

History

Buckle began as a men's clothing store established in 1948 in Kearney, Nebraska.[6] The first store was founded by David Hirschfeld and operated under the name Mills Clothing. His son, Dan Hirschfeld, took over the business in 1965. In 1967, a second store was purchased and operated under the name Brass Buckle. The company began selling more casual men's clothing and by the early 1970s, Brass Buckle had developed into a denim-based store offering a wide selection of denim and shirts.

In 1977, the company introduced women's clothing and the first mall-based location was opened. In 1991, Brass Buckle changed its name to The Buckle, Inc. and began development of private clothing label 'bkle', known today as BKE. The following year, the company went public on the NASDAQ, where it was traded as BKLE. The company reached operations of 100 stores in 18 states.

Merchandise

Buckle markets denim jeans, casual bottoms, fashion tops and shirts, dresses and rompers, active wear, outerwear, footwear, swimwear, fragrances, sunglasses, bags and purses, wallets, and other accessories. Buckle's own private label brands make up 35% of sales.

External links

Notes and References

  1. Web site: Income statements recent and historical for Buckle Inc (BKE). https://web.archive.org/web/20100813023020/http://www.wikinvest.com/stock/Buckle_Inc_(BKE)/Data/Income_Statement. dead. August 13, 2010. Wikinvest. 29 April 2015.
  2. Web site: Buckle in Murray, UT Fashion Place. 2021-07-20. www.fashionplace.com.
  3. News: Staff. Hub. Buckle Inc.. 1 June 2015. Kearney Hub. May 23, 2015.
  4. Web site: Shop Mall Shopping Stores at Shawnee Mall. 2021-07-20. shopshawneemall.com.
  5. News: The Buckle Inc.. The New York Times . 1 June 2015.
  6. Web site: History of The Buckle, Inc. – FundingUniverse. 2021-07-20. www.fundinguniverse.com.
  7. Web site: Our Story. Buckle Corporate. The Buckle Inc.. 29 April 2015.