Dress Barn Inc
While many specialty retailers have recently been shedding concepts, Dress Barn seems to think there’s something to be gained from adding struggling fashion chain Tween Brands to its portfolio. Leonie Barrie looks at the detail of last week’s merger deal - and asks what’s really in it for the two companies?
With the holiday season done and dusted, US apparel and footwear retailers are now counting the cost. In the most recent results, New York & Co has narrowed its fourth-quarter outlook despite posting an increase in comparable store sales, while Express has lifted its guidance. Shoe Carnival, Genesco and American Eagle Outfitters all booked increases. However, Bon-Ton Stores and Ascena Retail Group posted declines.
US fashion retailer Ascena Retail Group recorded a mixed first-quarter performance, swinging to a net loss, while sales jumped.
Ascena Retail Group's Justice and Dressbarn businesses weighed on the US fashion retailer's fourth-quarter performance, pushing it to a net loss.
Ascena Retail Group has cut its full-year earnings guidance, after lower-than-expected sales and elevated promotional activity at its Justice brand during the holiday period.
Profits fell in the first quarter at Ascena Retail Group, with comparable store sales down at the company’s Justice chain in particular.
Apparel design and manufacturing business Joe Benbasset Inc has selected the BlueCherry Enterprise Suite from CGS to replace its legacy systems and improve visibility and alignment of customer and production orders.
Fashion business Ascena Retail Group recorded a much-reduced fourth quarter adjusted profit after suffering a slight sales decline in the three months to 26 July.
An improved gross margin performance and higher sales helped boost earnings for US retailer Ascena Retail Group in its first-quarter.
Garment workers toiling in “sweatshop” conditions in Manhattan have been awarded more than US$1.2m in damages for unpaid wages by a federal judge.
Ascena Retail Group has lowered its full-year earnings forecast after a second quarter in which net profit fell 14% thanks to a poor performance from the company’s Justice stores.
US women's wear retailer Ascena Retail Group has appointed Judith Langley as the executive vice president and chief merchandising officer of its Dressbarn brand.
Not enough progress has been made on delivering compensation to families and workers affected by the Rana Plaza building collapse, according to a new report from the Clean Clothes Campaign and the International Labour Rights Forum.
Fashion retail business Ascena posted a near-20% improvement in fourth quarter adjusted net profit, thanks to a strong sales performance from its Lane Bryant and Catherines brands.
Fashion Avenue Sweater Knits, a leading importer of children's and women's apparel, has gone live on NGC's fashion PLM and Supply Chain Management (SCM) solution.
Ascena Retail Group was forced to lower its full-year earnings guidance after net profit dropped by a third in the third quarter.
US women's wear retailer Ascena Retail Group has appointed Erin Stern as its executive vice president and chief merchandising officer of the Maurices brand.
Widespread promotions and markdowns reduced second quarter profit at Ascena Retail Group, despite a healthy boost to revenues from new acquisitions.
Ascena Retail Group has named Ronnie Robinson president of its new global sourcing initiative, as the women's wear retailer looks to move to a central sourcing base.
Women's wear retailer Ascena Retail Group has lowered its full-year earnings guidance on the back of lower-than-expected holiday sales.
Women's wear retailer Ascena Retail Group is expanding its distribution centre in Ohio, in a move that will help to improve its speed to market.
Women's wear retailer Ascena Retail Group has seen its first-quarter net profit decline 9.3% despite booking an increase in sales.
Women's wear retailer Ascena Retail Group expects to save 7,500 jobs at its soon-to-be-shuttered Fashion Bug stores, according to reports.
Women's wear retailer Ascena Retail Group has completed its tender offer for shares of Charming Shoppes Inc, and says plus-size apparel specialist, and says it expects complete its merger with the plus-size specialist "in the coming days."
Ascena Retail Group saw third-quarter net income decline on the back of charges relating to its acquisition of Charming Shoppes.
A buoyant second quarter of trading, with profits up 50%, prompted women’s wear retailer Ascena Retail Group to increase its full-year projected earnings.
Ascena Retail Group Inc has promoted two executives as brand presidents for its Dressbarn And Maurices chains.
Ascena Retail Group has recorded a 1% drop in first quarter profit as one-off costs offset higher sales during the period.
Ascena Retail Group Inc, operator of the Dressbarn, Maurices and Justice stores, has named John Sullivan to the newly created position of executive vice president and chief operating officer.
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