Body Central Corp. Announces Approval of Assignment for the Benefit of Creditors


JACKSONVILLE, Fla., Jan. 9, 2015 (GLOBE NEWSWIRE) -- Body Central Corp. (OTC Pink:BODY) (the "Company"), a multi-channel, specialty retailer offering on trend, quality apparel and accessories at value prices, today announced that all of the members of its Board of Directors and stockholders representing in excess of a majority of the Company's outstanding voting stock approved the entry into an Assignment for the Benefit of Creditors in accordance with the provisions of Chapter 727, Florida Statutes, with Mark Healy of Michael Moecker & Associates, as assignee, with an address of 841 Prudential Drive, 12th Floor, Jacksonville, FL, 32207, and a phone number of (954) 252-8469.

About Body Central Corp.

Founded in 1972, Body Central Corp. is a multi-channel, specialty retailer offering on trend, quality apparel and accessories at value prices. As of January 6, 2015, the Company operated 265 specialty apparel stores in 28 states under the Body Central and Body Shop banners, as well as a direct business comprised of a Body Central catalog and an e-commerce website at www.bodycentral.com. The Company targets women in their late teens to mid-thirties from diverse cultural backgrounds who seek the latest fashions and a flattering fit. The Company's stores feature an assortment of tops, dresses, bottoms, jewelry, accessories and shoes sold primarily under the Company's exclusive Body Central® and Lipstick Lingerie® labels.

For more information, please visit: www.bodycentral.com

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the Company's business plans the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Factors that could cause future results to materially differ from the recent results or those projected in forward-looking statements include the "Risk Factors" described in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 27, 2014, the Company's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 14, 2014, and other factors identified from time to time in the Company's periodic filings with the Securities and Exchange Commission.


            

Tags


Contact Data