Press Release

RTW Retailwinds, Inc. Provides Coronavirus Business Update

NEW YORK--(BUSINESS WIRE)-- RTW Retailwinds, Inc. (NYSE:RTW), today announced that it has temporarily closed all New York & Company and Fashion to Figure stores as of end of business, March 18th, 2020 through March 28th, 2020 in response to the increased impact from novel coronavirus COVID-19. During this temporary closure period, all store associates will receive compensation for their scheduled shifts.

“We’re taking action across our business to ensure the health and safety of our employees, our customers, and our communities during this rapidly evolving situation. During this period of uncertainty, we have in place the capabilities and infrastructure that will allow us to fulfill our customers’ needs through our eCommerce businesses,” said Gregory Scott, Chief Executive Office of RTW Retailwinds.

All RTW Retailwinds brands – New York & Company, Fashion to Figure, and Happy x Nature – will continue to serve customers online at www.nyandcompany.com, www.fashiontofigure.com, and www.happyxnature.com.

About RTW Retailwinds

RTW Retailwinds, Inc. (together with its subsidiaries, the "Company") is a specialty women's omni-channel with a powerful multi-brand lifestyle platform providing curated fashion solutions that are versatile, on-trend, and stylish at a great value. The specialty retailer, first incorporated in 1918, has grown to now operate 387 retail and outlet locations in 33 states while also growing a substantial eCommerce business. The Company's portfolio includes branded merchandise from New York & Company, Fashion to Figure, and Happy x Nature, and collaborations with Eva Mendes, Gabrielle Union and Kate Hudson. The Company's branded merchandise is sold exclusively at its retail locations and online at www.nyandcompany.com, www.fashiontofigure.com, www.happyxnature.com, and through its rental subscription businesses at www.nyandcompanycloset.com and www.fashiontofigurecloset.com. Additionally, certain product, press releases and SEC filing information concerning the Company are available at the Company's website: www.nyandcompany.com.

Investor Relations:
ICR, Inc.
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Allison Malkin

Source: RTW Retailwinds, Inc.