The Company will issue a news release detailing its performance prior to the market open. Senior management will then discuss its operating results and business outlook during a conference call/webcast planned for 9 a.m. Eastern Time.

To listen via the Internet, log on to http://www.videonewswire.com/event.asp?id=84650.

The conference call will also be available at 800.860.2442 (U.S.) and +1.412.858.4600 (international) until five minutes before starting time.

Call replays will be available beginning approximately one hour after the call conclusion and running and through 9 a.m. Eastern Tuesday, Feb. 21, 2012 at 877.344.7529 (U.S.) and +1.412.317.0088 (international); ask for conference number 10008973. Replays and a written transcript of the call will be posted for up to one year at the Investor Room section of rgbarry.com.

About RG Barry
RG Barry creates and markets great accessories brands and fashionable, solution-oriented products that make life better. Our primary brands include: Dearfoams® slippers www.dearfoams.com; baggallini® handbags, totes and travel accessories www.baggallini.com; and Foot Petals® premium insoles and comfort products www.footpetals.com.  To learn more, visit us at www.rgbarry.com.

For the 13 weeks ended January 28, 2012, sales rose 12% to $2.398 billion, from $2.145 billion for the 13 weeks ended January 29, 2011.  Comparable store sales for the quarter ended January 28, 2012 increased 7% on top of 4% and 10% growth in the fourth quarters of 2010 and 2009, respectively. 

For the 52 weeks ended January 28, 2012, sales grew 9% to $8.608 billion, compared to $7.866 billion in sales for the 52 weeks ended January 29, 2011.  Comparable store sales for the 2011 fiscal year rose 5% on top of 5% and 6% increases in fiscal 2010 and 2009.

Michael Balmuth, Vice Chairman and Chief Executive Officer, commented, "Sales for both January and the fourth quarter of fiscal 2011 were well ahead of our expectations as our wide assortments of compelling name-brand bargains continue to appeal to today's value-focused consumers.  Juniors, Shoes and Children's were the strongest merchandise categories during the month, while Florida and the Mid-Atlantic were the top performing regions."

Board of Directors Approves 27% Quarterly Dividend Increase
The Company announced that its Board of Directors recently approved a 27% increase in the quarterly cash dividend to $.14 per common share, payable on March 30, 2012 to stockholders of record as of February 17, 2012.

In commenting, Mr. Balmuth said, "Our strong financial position and anticipated future cash flows allow us to continue to enhance stockholder returns through both our dividend and share repurchase programs. The higher dividend announced today represents the eighteenth consecutive annual increase since our dividend program was initiated in 1994.  In addition, we are pleased to report that during 2011 we repurchased a total of 11.3 million shares of common stock for an aggregate purchase price of $450 million. We expect to complete as planned the remaining $450 million repurchase authorization in fiscal year 2012."   

Fourth Quarter and Fiscal 2011 Estimates
Based on January sales and margin results, the Company is raising its profit forecast for the 13 weeks ended January 28, 2012, with earnings per share now estimated to be in the range of $.84 to $.85.  These projected results would represent a 22% to 23% increase over the $.69 for the 13 weeks ended January 29, 2011.  For the 52 weeks ended January 28, 2012, earnings per share are estimated to grow 23% to 24% to $2.85 to $2.86, up from $2.31 for the 2010 fiscal year ended January 29, 2011. All share and per share figures reflect the Company's recent two-for-one stock split. 

Fiscal 2012 Guidance
For the 52 weeks ending January 26, 2013, the Company is forecasting same store sales to grow 1% to 2% on top of 5% gains in each of the prior two years. For the 53 weeks ending February 2, 2013 the Company projects earnings per share of $3.12 to $3.27.  This guidance range represents forecasted earnings per share growth of 9% to 14% on top of an estimated 23% to 24% increase for 2011 and 31% and 52% gains in 2010 and 2009, respectively.  The Company estimates the extra week in fiscal year 2012 will benefit earnings per share by approximately $.08 to $.09.

For the 13 weeks ending April 28, 2012, comparable store sales also are forecast to increase 1% to 2% on top of 3% and 10% increases in the first quarters of 2011 and 2010.  Earnings per share for the first quarter of 2012 are projected to be in the range of $.82 to $.86, up from $.74 in the prior year.  This guidance reflects forecasted EPS growth of 11% to 16% on top of 28% and 61% increases in the first quarters of 2011 and 2010.

In conclusion, Mr. Balmuth noted, "We are extremely pleased with both our sales and earnings growth in 2011, especially considering that they were achieved on top of exceptional increases over the past three years.  We believe these outstanding multi-year gains continue to be driven by the strong execution of our resilient off-price business model. Additionally, our long-term record of delivering consistent growth in both healthy and more challenging economic climates gives us the confidence to continue to project respectable increases in both comparable store sales and earnings per share in 2012 and beyond."

Additional recorded information concerning today's press release and the Company's future outlook can be accessed by calling 203-369-3930, PIN # 589220 from 8:30 a.m. Eastern time on February 2, 2012 through 8:00 p.m. Eastern time on February 3, 2012. A transcript of these comments will also be available in the Investors section of the Company's website at www.rossstores.com. 

The Company expects to report February 2012 sales on Thursday, March 1, 2012 and final fourth quarter 2011 earnings results on Thursday, March 15, 2012. 

Refinery29, the award-winning online destination for all things fashion, shopping, and personal style, is calling for its millions of users to raise the stakes in the style blogging community by entering the Second Annual Search for The Next Big Style Blogger—the only online competition that starts with just a laptop and a camera and ends in the New York City headquarters of Refinery29 or as a style ambassador for Bar III, the high-profile fashion brand sold only at Macy's.

Launching Tuesday January 31, 2012, Refinery29's style-savvy readers can nominate themselves in this inspiring contest by simply submitting a photo and blog entry showcasing their original work at styleblogger.refinery29.com. From there, Refinery29's top editors will narrow the field to five finalists who will compete against each other over the following weeks in a series of challenges testing their skills in breaking fashion news, whipping up unique looks, street-style stalking, and more. Regular features will cover each phase of the Search for The Next Big Style Blogger contest at Refinery29.com, where readers and fans can vote for their favorite finalists.

Ultimately, one contestant chosen by Refinery29's editors will win the Grand Prize – $1,000, a week-long trip to New York City, and a guest blogger role with Refinery29. First Prize—chosen by the team at Bar III—will represent the brand in a nationwide tour of America's best flea markets for summer shopping. Finally, the contestant with the most votes from Refinery29's readers will win the People's Choice Award. Winners will be announced at the end of March.

Refinery29's search for the Next Big Style Blogger kicks off Tuesday January 31, 2012.

Thank you for reading this fashion news on the Fashion Newspaper.

By the way, we know where they should look for the worlds best fashion bloggers.  They should look at the fashion blogger directory on Apparel Search.

I think that the author of the fashion blog should be nominated as well.

Good luck, to those of you that enter the Refinery29 contest.

The conference call will be webcast and made available through the Company's website at www.jonesgroupinc.com. The call will also be recorded and made available through February 16, 2012. The recorded call may be accessed by dialing 877-344-7529 (International 412-317-0088). Enter account number 10008702.

Under the Company's restated certificate of incorporation filed with the Oklahoma Secretary of State, 18.29069125 shares of the Company's common stock issued and outstanding were combined and changed into one share of common stock. Any resulting fractional share was rounded up to the next higher whole number.  The reverse stock split affects all issued and outstanding shares of the Company's common stock immediately prior to the effective date of the reverse stock split.  On January 30, 2012, the split-adjusted shares of the Company's common stock will trade under the symbol "SOOND" for 20 trading days to signify that the reverse stock split has occurred.  Thereafter, the "D" will be removed and the new symbol will be "FEPU".  In addition, as a result of the reverse stock split, in accordance to the terms of the Series A Preferred Stock, each share of Series A Preferred Stock issued and outstanding automatically converted into 1,000 shares of common stock (on a post reverse stock basis), resulting in the automatic conversion of 19,200 shares of Series A Preferred Stock of the Company into approximately 19,200,000 shares of common stock of the Company.

Mr. Ang Kang Han, President of the Company stated, "We believe our new name Flying Eagle PU Corporation better reflects our brand and business operations. In addition, the symbol change will help our shareholders and potential shareholders identify our stock with our Company."

About the Company

The Company, located in Fujian province, is a leading producer of synthetic polyurethane leather ("PU leather") for the shoe industry in China.  The Company's primary business is to design, manufacture and distribute PU leather.  The Company also manufactures flip-flops and slippers for sale in China and abroad.  For its high performance series, the Company uses high-density nonwoven fabric as base cloth because of its superior hydrolysis resistance, peel and tear strength, durability and air and moisture permeability.  High performance PU leather is mainly used to make high-grade athletic shoes.  The Company is located in ShiShi City, Fujian, close to Quanzhou - China's largest production base for sports shoes, sneakers and casual shoes.  In this one region alone, there are more than 3,000 shoe manufacturers producing over 1 billion shoes annually located in close proximity.

"I find myself continually inspired by the cool, modern vibe of southern California and I wanted to bring that spirit to Banana Republic's summer collection," says Simon Kneen, Creative Director. "Trina's signature prints are beloved and embody the aspirational Palm Springs lifestyle, so she was a natural partner for Banana Republic's capsule collection this Summer."

A true reflection of the sophisticated ease of summer, the Banana Republic Trina Turk Collection will bring a harmonious fusion of Trina Turk's distinctive resort inspired aesthetic, translated through the Banana Republic lens of effortless modernity and noticeable quality. The nearly 60-piece collection of women's apparel and accessories features an array of summer must-haves in iconic Trina Turk prints re-imagined in this exclusive capsule of collaborative designs. From flirty dresses to printed swim separates and plush beach towels, items are perfect for the warm days ahead and will help Banana Republic customers effortlessly transition from deskside to poolside and everywhere in-between.

"When we began working together on the collaboration, Simon and I decided early on that the Palm Springs 'cocktails by the pool' lifestyle would be our key inspiration for the colors, styles, and prints," says Turk. "I'm excited to offer this collection of colorful, covetable and unique pieces to Banana Republic customers for summer 2012."

The Banana Republic Trina Turk Collection will be featured in Banana Republic's June advertising campaign, which will appear in select print, online, direct mail and in store.

"I'm as passionate about the great outdoors as I am about Peak Performance.", says the 38-years old. Henrik's background is surely a perfect fit when making clothes for the adventurous as he once reached the North Pole on skis in a record 41 days only.

Henrik Bunge is known for his engaging, authentic and uncompromising leadership: "Together with the organization I want to take Peak Performance from an international to a global brand." Currently he holds the position as Managing Director of Adidas Group Nordic and will join Peak Performance no later than 1^st of May.

Peak Performance has already announced the recruitment of Tobias Sachs as new Sales Director, responsible for Wholesale, Retail, Franchise and e-Commerce. He will take on his new challenges on February 29. From 2002 to 2008 Tobias held different sales positions at Peak Performance.

"As an active person, I can truly identify myself with the brand and its products!" says Tobias, who since 2008 has been Sales Director for J.Lindeberg.

Peak Performance becomes the Official Hahnenkamm Clothing Supplier
After being the Official Clothing Supplier for some of the most important golf tournaments on the European Tour, Peak Performance is now going back to its skiing roots: As of 2013, Peak Performance will become partner to the Kitzbüheler Ski Club and the Official Clothing Supplier of the Hahnenkamm-Rennen - the world's most prestigious downhill race.

"This engagement is a tribute to our heritage and a clear statement about Peak Performance's ambitions within the skiing industry", says Mattias Josander, Marketing Director at Peak Performance.

About Peak Performance :
Peak Performance started with a passion in 1986 in Åre, with a handful of dedicated people who decided to live their dream. Originally a three men ski wear company, Peak Performance has since then become Scandinavia's largest sports fashion brand - operating in more than 20 markets with both General Stores and retail partners.

SOURCE Peak Performance

Thank you for reading this fashion news report on the Fashion Newspaper.  You can join the fashion news cirlce presented by the Fashion Newspaper on Google+.

• Fashion News Articles 
• Fashion News Resources