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Buckle (clothing retailer)

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The Buckle, Inc.
Company typePublic
IndustryRetail
Founded1948; 76 years ago (1948)
FounderDavid Hirschfeld
Headquarters
Kearney, Nebraska, U.S.
Number of locations
451
Area served
United States
Key people
  • Daniel Hirschfeld (Chairman)
  • Dennis Nelson (CEO)
ProductsClothing, footwear, and accessories
ServicesClothing retail
RevenueDecrease US$913.38 million (2017)[1]
Decrease US$134.08 million (2017)[1]
Decrease US$89.7 million (2017)[1]
Total assetsDecrease US$538.12 million (2017)[1]
Total equityDecrease US$391.24 million (2017)[1]
Number of employees
9,000 (2017)
Websitewww.buckle.com

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

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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.[citation needed] 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.[citation needed]

  • 1997 – The Buckle moved to the New York Stock Exchange, where it now trades under the symbol, BKE.[citation needed] In 1998, The Buckle reached operations of 200 stores in 29 states.
  • 1999 – The first eCommerce website was launched.
  • 2009 – The Buckle reached operation of 400 stores in 41 states.
  • 2010 – The company completed construction of a new 240,000 square feet, state-of-the-art distribution center.
  • 2011 – The company reached a milestone of selling five million pairs of jeans in one year.[7]
  • 2017 – The Buckle operated over 450 stores in 44 states.

Merchandise

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Former Buckle store inside Southern Park Mall

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.

References

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  1. ^ a b c d e "Income statements recent and historical for Buckle Inc (BKE)". Wikinvest. Archived from the original on August 13, 2010. Retrieved 29 April 2015.
  2. ^ "Buckle in Murray, UT | Fashion Place". www.fashionplace.com. Retrieved 2021-07-20.
  3. ^ Staff, Hub (May 23, 2015). "Buckle Inc". Kearney Hub. Retrieved 1 June 2015.
  4. ^ "Shop | Mall Shopping | Stores at Shawnee Mall". shopshawneemall.com. Retrieved 2021-07-20.
  5. ^ "The Buckle Inc". The New York Times. Retrieved 1 June 2015.
  6. ^ "History of The Buckle, Inc. – FundingUniverse". www.fundinguniverse.com. Retrieved 2021-07-20.
  7. ^ "Our Story". Buckle Corporate. The Buckle Inc. Retrieved 29 April 2015.
[edit]
  • Business data for Buckle Inc:
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