Westaff Wins Paris Accessories Account
12 August 2008 - 12:05AM
Business Wire
Westaff, Inc. (NASDAQ:WSTF), a leading provider of staffing
services, announced today that it has established a business
relationship with Paris Accessories. Paris Accessories is a
privately-held company that distributes their products to large
department store chains and food and drug stores such as Macy�s,
Nordstrom, Kohl�s, Gottschalks, Walmart and Longs Drugs. Paris
Accessories specializes in the manufacturing and distribution of
men�s and women�s accessories, primarily in the production of
products such as socks, shirts, t-shirts, hats, nylons and scarves.
Westaff will now be providing a large volume of temporary workers
for their Los Angeles distribution center, which is located in the
city of Commerce and distributes products nation-wide. �We are very
excited to have the opportunity to become Paris Accessories�
staffing agency of choice,� commented Westaff SVP of Field
Operations Kristi Kennedy. �This is another positive step in our
growth and transformation of Westaff, and we are pleased to be able
to offer our services and partnership with Paris Accessories.�
Marie Covarrubias, the Office Manager and Human Resource Specialist
for Paris Accessories, commented, �I have worked with Westaff in
the past in a different capacity, and have been very pleased with
the level and quality of service received. I feel quite confident
that Paris Accessories will be able to forge a long-lasting
relationship which will grow over time. We are excited to have
Westaff fill positions immediately, and plan to continue using them
for a long time to come.� About Westaff Westaff provides staffing
services and employment opportunities for businesses in global
markets. Westaff annually employs in excess of 125,000 people and
services more than 20,000 client accounts from 204 offices located
throughout the United States, Australia and New Zealand. For more
information, please visit the company Web site at www.westaff.com.
This press release contains forward-looking statements within the
meaning of�the U.S. securities laws. Forward-looking statements in
this release are generally identified by words such as �expects,�
�believes,� �will,� �should� and similar expressions that are
intended to identify forward-looking statements. You are cautioned
not to place undue reliance on these forward-looking statements,
which speak only as of the date hereof. All forward-looking
statements are qualified in their entirety by this cautionary
statement. Forward-looking statements contained herein include, but
are not limited to, statements regarding�Westaff's expectation of
its continuing business relationship with Paris Accessories. The
forward-looking statements contained herein involve a number of
assumptions, risks and uncertainties that could cause actual
results to differ materially from those expressed or implied by
these forward-looking statements. Many of these risks and
uncertainties cannot be controlled by the Company. These risks and
uncertainties include, but are not limited to: an intensely priced
competitive market;�our ability to maintain our customer
relationships; our significant working capital needs and our
ability to borrow to meet those needs; our ability to borrow under
our credit facilities and our compliance with their debt covenants;
variability of the amount of collateral that we are required to
maintain to support our workers� compensation obligation; the
sufficiency of our workers� compensation claims reserve;
variability of employee-related costs, including workers�
compensation liabilities; possible adverse effects of fluctuations
in the general economy; our ability to collect on our accounts
receivable; risks related to franchise agent operations; risks
related to international operations and fluctuating exchange rates;
reliance on executive management and key personnel; our ability to
attract and retain the services of qualified temporary personnel;
the ability of our customers to terminate our service agreement on
short notice; variability of the cost of unemployment insurance for
our temporary employees; any difficulty with our information
technology system; government regulation; potential exposure to
employment-related claims; the volatility of the Company�s stock
price; increased regulatory compliance costs; and�litigation and
other claims. Additional information concerning the risks and
uncertainties listed above, and other factors you may wish to
consider, is contained in the Company�s filings with the Securities
and Exchange Commission, including the Company�s most recent�Annual
Report on Form�10-K for the year ended November�3, 2007 and
Quarterly Report on Form 10-Q for the quarterly period ended April
19, 2008. Forward-looking statements are based on the beliefs and
assumptions of the Company's management and on currently available
information. The Company undertakes no responsibility to publicly
update or revise any forward-looking statement except as required
by applicable laws and regulations.
Westaff (NASDAQ:WSTF)
Historical Stock Chart
Von Nov 2024 bis Dez 2024
Westaff (NASDAQ:WSTF)
Historical Stock Chart
Von Dez 2023 bis Dez 2024
Echtzeit-Nachrichten über Westaff (MM) (NASDAQ): 0 Nachrichtenartikel
Weitere Westaff, Inc. News-Artikel