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At 180,000 square feet, the Summerlin Centre location will be a two-level lifestyle store. It will feature a full range of apparel and accessories for men, women and children, as well as merchandise for the home.

This will be the fifth Macy’s store in the Las Vegas metropolitan area. It will be operated by the Macy’s West division, headquartered in San Francisco.

“We are very pleased to be adding to our presence in the important Las Vegas market,” said Jeff Gennette, chairman and chief executive officer of Macy’s West. “West Las Vegas is one of the country’s fastest-growing suburban markets, and we look forward to expanding the Macy’s brand, merchandise and service in this market.”

The Shops at Summerlin Centre is a development of General Growth Properties.

Macy’s West operates 259 stores in 13 states and Guam.

Macy’s, Inc., with corporate offices in Cincinnati and New York, is one of the nation’s premier retailers, with fiscal 2007 sales of $26.3 billion. The company operates more than 850 department stores in 45 states, the District of Columbia, Guam and Puerto Rico under the names of Macy’s and Bloomingdale’s. The company also operates macys.com, Bloomingdales.com and Bloomingdale’s by Mail. Prior to June 1, 2007, Macy’s, Inc. was known as Federated Department Stores, Inc.

An online archive of the broadcast will be available by accessing the Company's investor relations website at http://investor.ralphlauren.com. A telephone replay of the call will be available from 12:00 P.M. Eastern, Wednesday, May 28, 2008 through 11:00 P.M. Eastern, Monday, June 2, 2008 by dialing (888) 203-1112 and entering passcode 4780395.

ABOUT POLO RALPH LAUREN

Polo Ralph Lauren Corporation (NYSE: RL) is a leader in the design, marketing and distribution of premium lifestyle products in four categories: apparel, home, accessories and fragrances. For more than 40 years, Polo's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Polo by Ralph Lauren, Ralph Lauren Purple Label, Ralph Lauren Collection, Black Label, Blue Label, Lauren by Ralph Lauren, RRL, RLX, Rugby, Ralph Lauren Childrenswear, American Living, Chaps and Club Monaco, constitute one of the world's most widely recognized families of consumer brands. For more information, go to http://investor.ralphlauren.com.

The conference call will take place at 4:30 p.m. eastern time. Interested parties may access the call by dialing 877-723-9520 (domestically) or 719-325-4835 (internationally). Please use passcode 4818084. A replay of the call will be available until June 12, 2008. To access the replay, interested parties should dial 800-448-0609 or 402-220-0224. Please use passcode 4818084. The call will also be webcast and may be accessed on the home page of the Company’s website at www.tags.com.

Nelson, 55, will serve for a term scheduled to end at the 2009 annual meeting of stockholders and will serve on the board’s audit committee. With Nelson’s election, the Hanesbrands board will have 10 members.

Since 2006, Nelson has led Avis Budget Group, Inc., one of the world’s largest general-use car rental companies and operator of the Avis and Budget brands in North America, Latin America, the Caribbean, Australia and New Zealand. Prior to his current position, he held leadership roles with Avis Budget’s predecessor, Cendant Corporation, including president, chief financial officer and director with responsibility for strategic and financial planning, treasury, financial reporting and accounting, and other functions.

“We look forward to Ron, with his wealth of experience, joining the Hanesbrands board,” said Hanesbrands Chairman Lee A. Chaden. “Ron’s leadership of a global company with large consumer brands and his strategic planning, finance and merger and acquisition experience will be great assets to our company.”

In addition to Avis Budget and Cendant, Nelson has held senior management positions with DreamWorks SKG and Paramount Communications, Inc. He previously served as a director of Charter Communications, Inc., Paramount Communications, and Advanced Tissue Sciences, Inc. He earned his MBA at the University of California at Los Angeles and earned his bachelor’s degree at the University of California at Berkeley.

Hanesbrands Inc.

Hanesbrands Inc. is a leading marketer of innerwear, outerwear and hosiery apparel under strong consumer brands, including Hanes, Champion, Playtex, Bali, Just My Size, barely there and Wonderbra. The company designs, manufactures, sources and sells T-shirts, bras, panties, men’s underwear, children’s underwear, socks, hosiery, casualwear and activewear. Hanesbrands has approximately 50,000 employees in more than 25 countries.

Mr. Hohl has more than 16 years of financial and senior level management experience as both chief financial officer and chief operating officer of start-ups to $100 million retail, apparel and technology companies. Prior to joining Blue Holdings Mr. Hohl served as Executive Vice President and Chief Financial Officer of Ashworth Inc. (Nasdaq: ASHW), where he was responsible for all accounting and finance functions, including SEC reporting and SOX compliance. Previously, Mr. Hohl was Chief Financial Officer at ISE Corporation, where he helped develop and implement short- and long-range corporate strategies for growth, profitability and control. Mr. Hohl also served as chief financial officer for Ritz Interactive, Inc. where during his tenure revenue grew from $19 million to $70 million. Mr. Hohl was a member of the initial management team of Billabong USA, a surf apparel company, where he was responsible for many facets of the start up of the company. Earlier in his career, Mr. Hohl spent six years as one of the initial members of the senior management team of Mossimo, Inc., guiding the company through a rapid stage of development. Mr. Hohl, 46, holds an M.B.A. from the University of Southern California and a B.A. from University of California, Davis.

“I am very pleased to have Eric join our team,” stated Glenn Palmer, President and Chief Executive Officer. “With his extensive financial experience and apparel industry expertise, Eric will be instrumental in ensuring we focus our efforts on the areas that will result in meaningful progress on our strategic plan and benefit both the Company and our shareholders, specifically, implementing new accounting systems and inventory controls.”

About Blue Holdings, Inc.

Blue Holdings, Inc., directly and through its wholly owned subsidiaries, Antik Denim, LLC and Taverniti So Jeans, LLC, designs, develops, manufactures, markets, distributes and sells high-end fashion jeans, apparel, and accessories under the “Antik Denim,” “Yanuk,” “Taverniti So Jeans,” and “Faith Connexion” brands both in the United States and internationally. Blue Holdings currently sells men’s, women’s and children’s styles. Antik Denim, Yanuk, Taverniti So and Faith Connexion jeans and apparel are made from high-quality fabrics milled in the United States, Japan, Italy and Spain, and are processed with cutting-edge treatments and finishes. Blue Holdings’ concepts, designs, embellishments, patent-pending pockets and great attention to detail and quality give it a competitive advantage in the high-end fashion jeans market.

A telephone replay of the call will be available for approximately one week following the conclusion of the call by dialing (800) 406-7325 (domestic) or (303) 590-3030 (international) and entering passcode: 3875598.

About True Religion Apparel, Inc.

True Religion Apparel, Inc. is a growing, design-based premium aspirational brand. The company designs, manufactures and markets True Religion Apparel products, including its premium True Religion Brand Jeans. Its expanding product line, which includes high quality distinctive styling and fit in denim, sportswear, and licensed products, may be found in premium department stores and boutiques in 50 countries around the world, including the United States, Canada, Germany, United Kingdom, Japan, Korea, France, Spain, Sweden, Greece, Italy, Mexico, Australia, South Africa and China. For more information, please visit www.truereligionbrandjeans.com.

Net sales for the thirteen week period ended April 5, 2008 were $151.7 million versus $154.4 million reported for the fourteen week period ended April 7, 2007, which included approximately $10 million in sales due to the additional week in fiscal 2007. Excluding sales from the additional week in fiscal 2007, sales increased 4.7% compared to the corresponding thirteen week period in the prior year. Same store sales for the thirteen week period ended April 5, 2008 decreased 7.6% compared to a decrease of 0.4% for the thirteen week period in the prior year.

Gross margin as a percentage of net sales decreased to 43.8% in the third quarter of fiscal 2008, compared to 45.3% in the third quarter of fiscal 2007. The decrease in gross margin as a percentage of net sales from the prior year of 1.5% was primarily due to unfavorable occupancy partially offset by higher merchandise margin. In addition, gross margin in the third quarter of fiscal 2007 included substantial raw material reserve reversals.

SG&A expenses for the third quarter of fiscal 2008 were $59.0 million, or 38.9% of net sales, compared to $54.1 million, or 35.1% of net sales for the same period of the prior year. The increase in SG&A expenses as a percent of sales is primarily due to higher total compensation expense, advertising expense and the recording of an impairment charge of $773,000 for three underperforming store locations.

Operating income for the third quarter of fiscal 2008 was $7.3 million or 4.9% of net sales, compared to $15.7 million or 10.2% of net sales for the same period of the prior year.

The effective tax rate for the third quarter of fiscal 2008 decreased to 33.6% from 35.9% in the third quarter of fiscal 2007, primarily due to an increase in tax free interest income as a percent of total pretax income and an increase in our allowable domestic manufacturing deduction during the current year.

Net income for the third quarter is $8.3 million compared to $12.9 million for the same period in the prior year. Diluted earnings per share for the third quarter is $0.09 compared to $0.14 per share in the prior year. Before the impairment charge of $773,000 related to the three underperforming stores, diluted earnings per share and net income would have been $0.10 and $8.9 million, respectively. The prior year earnings per share included approximately $0.02 per share related to the additional week in fiscal 2007.

Net sales for the year-to-date period ended April 5, 2008 were $516.1 million, up 1.6% from $508.2 million for the year-to-date period ended April 7, 2007. Fiscal 2007 includes an additional week of sales due to the 53^rd week in fiscal 2007. Same store sales for the year-to-date period ended April 5, 2008 decreased 8.3% compared to an increase of 5.9% in the prior year. Due to the 53^rd week in fiscal 2007, same store sales exclude the additional week from fiscal January 2007.

Net income for the year-to-date period ended April 5, 2008 is $47.1 million compared to $57.6 million in the prior year. Diluted earnings per share for the year-to-date period ended April 5, 2008 is $0.51 compared to $0.61 per share in the prior year.

As of April 5, 2008, we had cash and investments totaling approximately $355 million of which approximately $271 million were invested in auction rate securities ("ARS"). Due to the recent failures of these auctions we are in the process of evaluating the proper classification and amount of any potential impairment charge. Because our ARS are comprised of federally insured student loan backed securities and insured municipal and education authority bonds we believe the impairment to be temporary. Therefore we anticipate recording an unrealized loss in the other comprehensive income component of shareholders’ equity in our third quarter 10-Q filing.

During the quarter ended April 5, 2008, the Company opened four stores, including three bebe stores and one BEBE SPORT store, closed four bebe stores, where leases had expired and not renewed, and expanded one existing bebe store resulting in total square footage growth of 1%.

For the year-to-date period the Company’s capital expenditures were approximately $27 million and depreciation expense was approximately $16.6 million.

For the fourth quarter of fiscal 2008, the Company anticipates comparable store sales will be consistent with the prior two quarters and earnings per share will be in the range of $0.15 to $0.19 per share based on 90 million diluted weighted average shares outstanding, which reflect the reduction of 5 million shares repurchased in the first fiscal quarter, versus $0.21 per share based on 95 million diluted weighted average shares outstanding in the fourth quarter of fiscal 2007. The Company is currently anticipating an effective tax rate of 35.0% for the fourth quarter of fiscal 2008.

For the fourth quarter of fiscal 2008, the Company is currently planning finished goods inventory to be down on a per square foot basis compared to the fourth quarter of fiscal 2007 in the low to mid-single digit range.

bebe stores, inc. will host a conference call today at 1:30 P.M. Pacific Time to discuss second quarter results. Interested parties are invited to listen to the conference by calling (888) 889-5848. A replay of the call will be available for approximately one week by calling (866) 393-0872. A link to the audio replay will be available on our web site at www.bebe.com following the conference call.

bebe stores, inc. designs, develops and produces a distinctive line of contemporary women’s apparel and accessories, which it markets under the bebe, COLLECTION bebe, BEBE SPORT, bbsp and bebe O brand names. bebe currently operates 291 stores, of which 208 are bebe stores, 20 are bebe outlet stores, 62 are BEBE SPORT stores and 1 is a bebe accessories store. These stores are located in the United States, U.S. Virgin Islands, Puerto Rico and Canada. In addition, there is an online store at www.bebe.com.

For the quarter, operating income increased 8.1 percent compared to the prior-year period. This increase in operating income was driven by leverage from revenue growth, improved productivity and lower merchandise costs. The improvement in operating income was achieved despite continued economic softness, higher gasoline costs, increased bad debt expense, lower contribution from direct sales and expenses related to systems implementation activities.

The company reported third quarter earnings of $0.54 per diluted share. Prior-year third quarter earnings were $0.57 per diluted share, and reflected an unusually low effective tax rate of 25.4 percent. The lower effective tax rate resulted in a $0.11 per diluted share benefit in the prior-year third quarter.

For the nine months ended March 29, 2008, revenue increased to $750.2 million, up 8.9 percent as compared to the prior-year period. This record level of revenue was driven by rental organic growth, strategic acquisitions and the benefit of foreign currency translation.

For the nine month period, operating income increased 20.6 percent compared to the prior-year period. The increase in year-to-date operating income was driven by overall revenue growth, lower merchandise costs and savings achieved from on-going productivity initiatives. The improvement in operating income was achieved despite continued economic softness, higher gasoline costs, increased bad debt expense, lower contribution from direct sales and systems implementation expenses.

Earnings per diluted share for the first nine months of fiscal 2008 were $1.72, an increase of 18.6 percent over the prior-year period. Earnings in the prior-year period were $1.45 per diluted share, and reflected a lower than normal effective tax rate of 33.8 percent. The lower effective tax rate resulted in a $0.10 per diluted share benefit in the prior-year nine month period.

“We’re pleased to report a solid third quarter and strong year-to-date increases in revenue, operating margins, earnings and cash flow,” said Richard Marcantonio, chairman and chief executive officer. “Importantly, our long-term vision coupled with our focus on strategic initiatives continues to deliver positive momentum in a challenging economic environment. We will continue to execute against a number of growth and productivity initiatives to drive further revenue and earnings acceleration.”

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“We appreciate the contributions that Heidi made to our company while serving on our Board,” said Robert McKnight, Chairman, Chief Executive Officer and President of Quiksilver, Inc. “We would also like to congratulate Heidi on the recent expansion of her role with the National Basketball Association and for her contribution to the formation of their exciting NBA China venture.”

Ms. Ueberroth, who joined the Quiksilver board of directors in December 2006, currently serves as President, Global Marketing Partnerships and International Business Operations for the National Basketball Association.

“I have sincerely enjoyed working with Quiksilver over the past year,” Ueberroth said. “I believe that the company will maintain its preeminent position as the world’s leading outdoor sports lifestyle company with its Quiksilver, Roxy and DC brands. I wish the entire Quiksilver team the best of luck and look forward to following the company’s progress.”

About Quiksilver:

Quiksilver, Inc. (NYSE:ZQK) is the world's leading outdoor sports lifestyle company, which designs, produces and distributes a diversified mix of branded apparel, wintersports equipment, footwear, accessories and related products. The Company's apparel and footwear brands represent a casual lifestyle for young-minded people that connect with its boardriding culture and heritage, while its wintersports brands symbolize a long standing commitment to technical expertise and competitive success on the mountains.