Joe's Jeans Announces Its First Outlet Store at Woodbury Commons Premium Outlets

LOS ANGELES, CA (NASDAQ: JOEZ) announced today that it has finalized its lease for the Company's first premium outlet store to be located at Woodbury Commons Premium Outlets in Central Valley, New York, one of the premier shopping destinations for upscale, fashion conscious consumers. The Company plans to take possession of its designated space at Woodbury Commons in August 2008 and open in the fall of 2008. Woodbury Commons hosts many of the world's most recognizable premium fashion brands, including Burberry, Calvin Klein, Chanel, Georgio Armani, Gucci and Ralph Lauren.

About Joe's Jeans Inc.

Joe's Jeans Inc. designs, produces and sells apparel and apparel-related products to the retail and premium markets under the Joe's® brand and related trademarks. More information is available at the company website at www.joesjeans.com.

Statements in this news release which are not purely historical facts are forward-looking statements, including statements containing the words "intend," "believe," "estimate, "project," "expect" or similar expressions. Forward-looking statements in this press release include, without limitation, our ability to grow and expand the Joe's® brand in the marketplace and our ability to open retail stores including, but not limited to, Woodbury Commons. These statements are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are based upon information available to Joe's Jeans Inc. on the date of this release. Any forward-looking statement inherently involves risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to: uncertainty regarding the effect or outcome of the Company's retail strategy for fiscal 2008, including but not limited to the opening of a retail outlet store at Woodbury Commons; the uncertainty of securing additional retail locations; unforeseen costs associated with ramping up the Company's retail infrastructure; expectations in the retail marketplace for the Joe's® brand; and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. Readers are cautioned not to place undue reliance on forward-looking statements.

Contact: Joe's Jeans Inc. Dustin A. Huffine 323-837-3727