[1] Express, INC operates 500+ stores in the United States, Puerto Rico, Mexico, Costa Rica, Panama, El Salvador and Guatemala.
[8] In November 2019, Express announced spinoff UpWest, a DTC lifestyle brand geared towards health, wellness, and sustainability.
In August 2023, Express announced that they would be laying off 150 workers in effort to achieve $150 million in annualized expense reductions by the end of 2025.
[10] On October 24, 2023, Express warned that it may have to file for Chapter 11 bankruptcy protection as it has been hit hard from the COVID-19 pandemic, stating store sales have been declining for years and rising costs putting the company in heavy debt.
[11] In February 2024, Express warned it was preparing for a debt restructuring process and a bankruptcy filing within the upcoming weeks and had hired M3 and Kirkland & Ellis to advise the company on discussions with lenders and bondholders.
[19] In May 2007, Limited Brands announced its intent to sell a 67% stake in Express to an affiliate of a private equity firm called Golden Gate Capital Partners, based in San Francisco.
In July 2011, Limited Brands sold its remaining ownership interest in the Company, and as a result of this disposition, ceased to be a related party as of the end of the second quarter of 2011.