The company is closing the locations without filing for bankruptcy, anonymous sources told Bloomberg. If enough landlords are unwilling to negotiate, they may have to file for bankruptcy.
Bebe has no significant debt, but lost $200 million over the past four years, Bloomberg reported.
The biggest layoffs announced were 136 at the company’s Brisbane headquarters and 160 in Los Angeles.
In Orange County, the following stores will have layoffs:
- Brea: 10
- Irvine: 8
- Mission Viejo: 7
- Newport Beach: 14
- Santa Ana: 9
Bebe opened its first store in San Francisco in 1976.