Guru Paul Tudor Jones (Trades, Portfolio) nearly tripled his stake in Francesca's Holdings Corp. (NASDAQ:FRAN), adding 36,294 shares to his portfolio in the first quarter.
Francesca's Holdings was founded in 1999 after the company opened its first boutique in Houston. Since then the company has expanded to more than 600 boutiques across 48 states. Franceca's Holdings sells dresses, clothing, handbags, shoes, jewelry, accessories and home and gifts. The company's boutiques are designed and merchandised to deliver a warm and inviting atmosphere that creates the sense for its customers that they are shopping in an independently owned, upscale boutique. Continue Reading »