bebe stores, inc. Files Secondary Shares Shelf Registration Statement on Behalf of Founder and Chairman, Manny Mashouf

BRISBANE, Calif.--(BUSINESS WIRE)--bebe stores, inc. (Nasdaq:BEBE) announced today that it has filed a registration statement with the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed secondary offering from time to time of 46,914,055 shares of its common stock held by certain selling shareholders (the “Selling Shareholders”) affiliated with the Company’s chairman, Manny Mashouf. Following effectiveness of the registration statement with the SEC, the Selling Shareholders would intend to sell their shares in the Company over a reasonable period of time in a series of underwritten public offerings or otherwise. bebe is not offering any shares of common stock pursuant of the registration statement and will not receive any proceeds from the sale of any shares thereunder.