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Non-Tech : Sunglass Hut RAYS- Will it ever breakout?

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To: Steven Angelil who wrote (473)8/21/1997 9:14:00 AM
From: Jeffrey L. Henken   of 971
 
Thursday August 21 8:30 AM EDT

Company Press Release

Sunglass Hut International Announces General Manager For Watch
Station

MIAMI--(BUSINESS WIRE)--August 21, 1997--Sunglass Hut International announced today that Eric Schumann has been
named Executive Vice President and General Manager of Watch Station.

In his new position, Schumann will be responsible for strategy, development, and day-to-day operations of Watch Station, a
division of Sunglass Hut. Currently there are 69 Watch Stations located throughout the United States and the United Kingdom.
Prior to joining Sunglass Hut, Schumann spent over seven years at The Limited -- The Limited Stores Division, with various
merchandising responsibilities including accessories, legwear, gifts and watches. In 1992, Schumann left The Limited and
became President of the Jewelry Division of Liz Clairborne until December 1994. Subsequently, he became Senior Vice
President and General Merchandising Manager for Petrie Stores with multi-divisional responsibility for Petrie's 550 Stores. In
addition, Schumann has prior experience with Avon Products.

``This position is key to our overall business strategy and is a milestone in the development of the Watch Station business,''
said James N. Hauslein, Chairman and acting President and CEO of Sunglass Hut International. ``Schumann is a seasoned
senior executive who brings to the Company a combination of strong merchandising and solid management experience. I am
confident that his dedicated leadership of Watch Station will position the Company to become the dominant specialty retailer
of fashion watches.''

Schumann holds a Bachelor's Degree in History from C.W. Post College, N.Y. He begins his new position at Sunglass Hut
September 2, 1997 and will report directly to the Chairman and acting President and CEO James N. Hauslein.

Sunglass Hut International is the world's largest specialty retailer of sunglasses with stores located throughout the United
States, Canada, the Caribbean, Europe, Australia, New Zealand and Singapore. As of August 2, 1997, Sunglass Hut operates
2,106 Sunglass specialty locations and 69 Watch Station stores. Sunglass Hut International's home page can be found on the
World Wide Web @ www.sunglashut.com

Contact:

Cori Rice
305/443-5454

More news for referenced ticker symbols: RAYS, and related industries: retail.
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