Lane Bryant Unveils New Branding, Marketing Effort
Columbus, OH—Lane Bryant has a new owner, Ascena Retail Group. But that’s not all that’s new at the 687-unit specialty store that caters to plus-size women. Next month, Lane Bryant is rolling out its...
View ArticleAscena Q4 Profit Drops Due to Charming Shoppes’ Acquisition Costs
Suffern, NY— net income of $1.6 million, or 1 cent a share, down from $28.2 million, or 18 cents a share, a year earlier. Income from continuing operations fell to $11.2 million, or 7 cents a share,...
View ArticleAcquisitions Help Ascena Q1 Profit, Sales Rise
Suffern, NY—Helped by the contributions from its recent acquisitions of Lane Bryant and Catherines, Ascena Retail Group reported late Wednesday better-than-expected first quarter earnings. For the...
View ArticleExecutive Changes at Coach, Juicy Couture, Lane Bryant
Coach Names Victor Luis as Next CEO New York—Coach Inc. today revealed it has named Victor Luis to succeed Lew Frankfort, chairman/ceo, who will step down in January 2014. Under the plan, Luis was...
View ArticleDespite Markdown Pressure, Ascena Reports Better-Than-Expected Q2
Suffern, NY—Ascena Retail Group, parent to dressbarn, Lane Bryant, Catherines and other specialty stores, reported Monday that its second quarter profit was lower due to increased promotions and...
View ArticleExecutive Changes: Viva International, Maurices, FX International
Viva International Group Names Antonio Bortuzzo as President Somerville, NJ–Viva International Group recently named Antonio Bortuzzo as its new president, succeeding Sherry Lay who served as interim...
View ArticleDressbarn Thanks Teachers With Special Shopping Event, May 7
Suffern, NY—Forget about apple polishing! This year dressbarn once again plans to honor the nation’s teachers with a one-day special event that provides teachers with a 20% discount off the store’s...
View ArticleAscena Q3 Profit Falls 37% Despite Sales Boost by Acquisitions
Suffern, NY—Pointing to economic challenges its customers are suffering under as well as cooler weather and merchandise misses at its Lane Bryant and dressbarn stores, Ascena Retail Group reported...
View ArticleAscena Q4 Profit Soars Past Expectations
Suffern, NY—Buoyed by online sales and improved gross margin, Ascena Retail Group reported Monday that its fourth quarter profit tripled, beating analysts’ estimates. For the quarter ended July 27, the...
View ArticleTop Executives Named at Vera Bradley, Sorrelli, Dressbarn
Vera Bradley Hires Former OFF Fifth President as CEO Fort Wayne, IN—Robert Wallstrom, a former executive with Saks Inc., has been named president and chief executive officer at Vera Bradley Inc.,...
View ArticleJustice Drags Ascena’s Q2 Profit Down 14%
Suffern, NY—Ascena Retail Group said Monday that it would lower its full year earnings forecast after posting a 14% drop in its second quarter profit due to a poor holiday performance at its Justice...
View ArticleAscena Q3 Profit Beats Estimates, Sales Edge Up
Suffern, NY—Ascena Retail Group Inc. late Tuesday reported its third quarter profit rose, beating estimates as sales edged upward. For the quarter ended April 26, Ascena posted net profit of $33.2...
View Articlemaurices Continues Major Expansion
Duluth, MN–“We’re thrilled with the growth of our stores and the continued demand for maurices,” says George Goldfarb, president ofmaurices, a subsidiary of Ascena Retail Group. “We’re committed to...
View ArticleAscena Retail Group to Award $150K in Grant Money
Mahwah, NJ—Ascena Retail Group, Inc., parent to Lane Bryant, dressbarn and Justice among others, has launched the first-ever Roslyn S. Jaffe Awards. This new annual awards program honors the lifelong...
View ArticleAscena Retail Group Tanks On Q4 Miss, Weak Outlook
Suffern, NY—Shares of Ascena Retail Group fell in trading to a 52-week-low today after the owner of Lane Bryant and dressbarn reported disappointing fourth quarter earnings and a cautious outlook. For...
View ArticleAscena List Winners in First Jaffe Awards for Women
Mahwah, NJ–Ascena Retail Group, Inc., announces the winners of the Roslyn S. Jaffe Awards recognizing individuals who help empower women and children. This new annual awards program honors the lifelong...
View ArticleAscena Earnings Increase Despite Lower Sales, Higher Costs
Suffern, NY–Ascena Retail Group Inc. Tuesday reported an increase in profit for the first quarter despite lower revenues and higher operating costs. Earnings trumped analysts’ estimates, while...
View ArticleAscena Q2 Profit Plunges, Maintains Outlook
Mahwah, NJ—Ascena Retail Group’s stock took a hit of more than 6% after the specialty retailer reported Tuesday second quarter earnings that missed estimates. The parent to Lane Bryant, dressbarn,...
View ArticleAscena Acquires Ann Inc. for $2 Billion in Cash, Stock
New York-based Ascena Retail Group Inc finalized a deal yesterday to acquire women’s apparel retailer Ann Inc for $2.15 billion. Both retailers provide apparel and accessories for women in the 20 to 40...
View ArticleAnn Inc. Q1 Earnings Rise on LOFT Sales Gains
New York—Ann Inc. said Friday its first quarter sales rose moderately as a sales gain at Loft stores made up for more sales declines at for Ann Taylor stores.. For its first quarter, net income totaled...
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