Tillys Explained

Tillys, Inc.
Former Name:World of Jeans and Tops
(1982 - 1985)
Type:Public
Traded As: (Class A)
Russell 2000 Component
Area Served:United States
Industry:Retail
Key People:Hezy Shaked (Founder)
Mike Henry (CFO)
Revenue: US$ 775.8 million[1]
Revenue Year:2021
Num Employees:4,000 (2021)
Location:Irvine, California, U.S.
Locations:240 (2021)[2]
Footnotes:[3]

Tillys (originally known as World of Jeans and Tops and Tilly's) is an American retail clothing company that sells an assortment of branded apparel, accessories, shoes, and more. Tillys is headquartered and operated from Irvine, California.

History

Tillys is a leading destination specialty retailer of casual apparel, footwear, accessories, and hardgoods for young men, youngwomen, boys and girls with an extensive assortment of iconic global, emerging, and proprietary brands rooted in an active,outdoor and social lifestyle. Tillys is headquartered in Irvine, California and operated 248 stores in 33 states as of February 3,2024. The Tillys concept began in 1982 when co-founders, Hezy Shaked and Tilly Levine, opened their first store in OrangeCounty, California. Since 1984, the business has been conducted through World of Jeans & Tops ("WOJT"), a Californiacorporation, which operates under the name "Tillys". In May 2011, Tilly's, Inc., a Delaware corporation, was formed solely forthe purpose of reorganizing the corporate structure of WOJT in preparation for an initial public offering. As part of the initialpublic offering in May 2012, WOJT became a wholly owned subsidiary of Tilly's, Inc. (Source: Tilly's, Inc. 10-K)

Stores

Tillys stores are located in a variety of retail centers, including malls, lifestyle centers, "power" centers, community centers, outlet centers, and street-front locations. The average store size is approximately 7,300 square feet. As of February 3, 2024, Tillys operates 248 stores in 33 states and its website at www.tillys.com.

Brands

Tillys is a leading destination specialty retailer of casual apparel, footwear, accessories, and hardgoods for young men, young women, boys and girls with an extensive assortment of iconic global, emerging, and proprietary brands rooted in an active, outdoor and social lifestyle. It sells a combination of its own proprietary brands such as RSQ, Full Tilt, tillys and West of Melrose, as well as well-known brands such as Vans, Nike and Nike SB, Jansport, The North Face, Converse, Billabong, among many others.

Notes and References

  1. Web site: TLYS Income Statement. Yahoo! Finance. January 4, 2013. January 10, 2019.
  2. Web site: About Us. Tilly's. January 9, 2013.
  3. Web site: US SEC: 2020 Form 10-K NIKE, Inc. . . July 24, 2020 . July 25, 2020.