Le Chateau Lauren Christensen & Bob

Products Sold Le Château sells men's wear and women's wear. It also sells accessories and footwear. Le Chateau began by selling overstock from Peerless

Historical Background Herschel Segal opened the first Le Chateau Store Herschel Segal was to close to bankruptcy Herschel Segal came back by selling leather products.

1965 Herschel Segal began importing youth clothing from France, Italy & London Le Chateau grew to 10 store locations. In the mid 1970’s Le Chateau grew to over 50 store locations. In 1977 Le Chateau went bankrupt. In 1983 Le chateau went public and the public raised 7.3 million dollars for the company.

New Direction in the 2000’s Le Chateau updated the layout and designs of their stores. In 2003 Le Chateau came out with a clothing line from the movie “down with love” Le Chateau also came out with a series from Canadian Idol Le Chateau made changes in management, the inventory process and quality control.

For le Chateaus final quarter in 2002 they doubled their profits Stock price rose from $2.10 to $11 from Sales rose at 4.2% during 2003 Earnings rose to 40% Herschel Segal turned 70 years old in 2001.

Current News Events

Financial Results

Stock Results Dec 02- Stock prices were just under $3 Apr 03- Stock prices dropped a little. Nov 03- Increase in Stock prices to around $3 June 04- Stock prices went up to around $4.20 Jan 05- Stock prices went up to just over $6 Aug 05- Stock prices went up to around $12.20 Mar 06- Stock prices went up to just over $14 Oct 06- Stock prices dropped to around $11 May 07- Stock prices went up to $16 Dec 07- Stock prices went down to just under $14

Works Cited (Le Chateau Inc.) histories/Le-Chateau-Inc-Company- History.html (Toronto Stock Exchange)