Blue Nile Announces Appointment of New Board Member

SEATTLE, May 14, 2013 (GLOBE NEWSWIRE) -- Blue Nile, Inc. (Nasdaq:NILE), the leading online retailer of diamonds and fine jewelry, today announced the addition of Mindy Meads to its Board of Directors. Ms. Meads is a seasoned C-suite level executive with 35 years of experience in the global apparel industry. She currently serves on two public boards, Wet Seal (NASDAQ), a specialty teen brand, and Mela Sciences (NASDAQ), a bio tech company. In these roles, she provides strategic counsel focused on growth and the use of multi-channel business strategies.

"We are very excited Mindy is joining our Board of Directors," said Harvey Kanter, Blue Nile President and Chief Executive Officer. "Mindy has played a key role in the success of some of the world's most well-known retail brands, and her proven leadership and experience will be instrumental as we continue to build our global brand." 

Previously, Ms. Meads was Co-CEO of Aeropostale, where she successfully reinvigorated the merchandise assortment and launched "P.S.", Aeropostale's Kid's Division. During her tenure, the company's revenue grew substantially and was recognized as one of The Fortune 100 Fastest Growing Companies.

Prior to Aeropostale, Ms. Meads served as CEO and President of Victoria's Secret Direct. Before that, she held executive merchandising positions at Lands' End for 14 years, including CEO and President during her last two years. In these roles, she successfully built the organization's global brand around quality, value, and service. Earlier in her career, Ms. Meads held a wide range of executive and operating roles at Sears, Gymboree, The Limited and Macy's.

In addition to her corporate work, Ms. Meads sits on the Board of Governors of HOBY (Hugh O'Brian Youth Leadership) and the Board of Trustees of the Masters School. She serves as an Advisor to LIM College in New York City, The Little Black Bag Accessory Company, and the Be Kind People Project. She is also a former Director of the Federal Reserve Board for the 7th District (Chicago) and a former director of the C200 Foundation, an invitation-only group of pre-eminent women leaders from around the world. Ms. Meads received a B.S. from the University of Illinois in 1974.

With the addition of Ms. Meads, there are nine members on Blue Nile's Board of Directors. 

About Blue Nile, Inc.

Blue Nile, Inc. is the leading online retailer of diamonds and fine jewelry. The Company delivers the ultimate customer experience, providing consumers with a superior way to buy engagement rings, wedding rings and fine jewelry. Blue Nile offers in-depth educational materials and unique online tools that place consumers in control of the jewelry shopping process. The Company has some of the highest quality standards in the industry and offers thousands of independently certified diamonds and fine jewelry at prices significantly below traditional retail. Blue Nile can be found online at www.bluenile.com. Blue Nile's shares are traded on the Nasdaq Stock Market LLC under the symbol NILE.

CONTACT: Blue Nile, Inc.
         Nancy Shipp, 206.388.3626 (Investors)
         nancys@bluenile.com
         or
         Josh Holland, 206.336.6773 (Media)
         joshh@bluenile.com

Blue Nile, Inc. Logo