SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Filed pursuant to Section 12, 13, or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 28, 1998
MOTHERS WORK, INC.
(Exact name of issuer as specified in charter)
DELAWARE 0-21196 13-3045573
(State or Other Jurisdiction Commission (I.R.S. Employer
of Incorporation or Organization) file number Identification Number)
456 North 5th Street
Philadelphia, PA 19123
(Address of principal executive offices)
(215) 873-2200
(Registrant's telephone number, including area code)
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Item 5. Other Events.
On August 28, 1998 the Company announced the appointment of William A
Schwartz, Jr. to its Board of Directors to fill the remainder of the term of Mr.
Marvin S. Traub. Mr. Schwartz is the President of U.S. Vision, Inc. ("USV"), one
of the nation's largest optical retailers trading on The Nasdaq National Market
under the symbol "USVI." Mr. Schwartz has more than 40 years experience in the
optical retail industry. Prior to his arrival at USV in 1995, Mr. Schwartz had
served as president and chief executive officer of Royal International Optical
Corporation for six years. Mr. Schwartz also serves as a member of the board of
directors of USV and Commerce Bank, a New Jersey banking institution with 76
branches serving Eastern Pennsylvania, New Jersey and Delaware trading on the
New York Stock Exchange under the symbol "CBH."
In connection with Mr. Schwartz's appointment, the Company will grant
Mr. Schwartz, at the next annual meeting of the Company's stockholders (the
"Annual Meeting"), options to purchase 2,000 shares of the Company's common
stock at a price equal to the fair market value on the day prior to the grant
date. Mr. Schwartz's term as a director of the Company will expire at the 2000
Annual Meeting.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits
99.1 Press release dated July 9, 1998.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
MOTHERS WORK, INC.
Date: September 16, 1998 By: /s/ Thomas Frank
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Thomas Frank, Chief
Financial Officer
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EXHIBIT INDEX
Exhibit No. Description
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99.1 Press release dated August 28, 1998.
Exhibit 99.1
PRESS RELEASE
(For Further Information Contact: Tom Frank,
Chief Financial Officer (215) 873-2200)
WILLIAM A. SCHWARTZ, JR. JOINS MOTHERS WORK, INC.
BOARD OF DIRECTORS
PHILADELPHIA, PA, August 28 -- Mothers Work, Inc. (Nasdaq: MWRK), the
Real Time Retailer (TM), today announced the appointment of William A Schwartz,
Jr. to its Board of Directors. Mr. Schwartz is the President of U.S. Vision,
Inc., one of the nation's largest optical retailers. U.S. Vision, Inc. is a
vertically integrated retailer and manufacturer and trades on the Nasdaq
National Market under the symbol "USVI".
Mothers Work is the Real Time Retailer(TM), using its custom Trend
track(TM) computer systems and quick response replenishment process to "give the
customer what she wants, when she wants it."
