Ascena Retail Group

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US holiday retail roundup Katie Smith | 14 Jan 16

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. 

Ascena Retail Group swings to Q1 loss of $18.1m Katie Smith | 2 Dec 15

US fashion retailer Ascena Retail Group recorded a mixed first-quarter performance, swinging to a net loss, while sales jumped. 

Ascena swings to Q4 loss on weak Justice and Dressbarn Katie Smith | 16 Sep 15

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 cuts FY outlook on Justice headwind Katie Smith | 13 Jan 15

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.

Ascena Q1 profit down 23% as Justice suffers Richard Woodard | 3 Dec 14

Profits fell in the first quarter at Ascena Retail Group, with comparable store sales down at the company’s Justice chain in particular.

Joe Benbasset to improve manufacturing visibility Leonie Barrie | 13 Nov 14

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.

US: Ascena Q4 profit slumps as sales dip Richard Woodard | 23 Sep 14

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.

US: Improved gross margin boosts Ascena Q1 Michelle Russell | 4 Jun 14

An improved gross margin performance and higher sales helped boost earnings for US retailer Ascena Retail Group in its first-quarter.

US: Sweatshop workers awarded US$1.2m damages Richard Woodard | 23 May 14

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.

US: Ascena Q2 profit drops as Justice dips Richard Woodard | 4 Mar 14

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: Langley to oversee Dressbarn merchandising at Ascena Katie Smith | 11 Nov 13

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.

BANGLADESH: Report criticises Rana Plaza compensation progress Richard Woodard | 24 Oct 13

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.

US: Ascena Q4 profit up as trends improve Richard Woodard | 25 Sep 13

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.

Who is culpable for Bangladesh compensation? Petah Marian | 18 Sep 13

As the focus in Bangladesh shifts to compensation payments for the victims and survivors of recent garment factory tragedies, an intriguing issue is coming to the fore: who, exactly, is culpable? While the factory owners and their current customers are obvious targets, what about retailers and brands who might have sourced there in the past? asks Petah Marian.

US: Fashion Avenue Sweater Knits taps PLM and SCM tools Leonie Barrie | 7 Aug 13

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.

US: “Soft” Q3 lowers FY forecast for Ascena Richard Woodard | 6 Jun 13

Ascena Retail Group was forced to lower its full-year earnings guidance after net profit dropped by a third in the third quarter.

US: Ascena names Stern chief merchandising officer of Maurices Katie Smith | 26 Mar 13

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.

US: Markdowns impact Ascena Q2 profit Richard Woodard | 5 Mar 13

Widespread promotions and markdowns reduced second quarter profit at Ascena Retail Group, despite a healthy boost to revenues from new acquisitions.

US: Robinson to lead Ascena global sourcing initiative Katie Smith | 18 Feb 13

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.

US: Ascena cuts FY outlook after weak holiday sales Katie Smith | 11 Jan 13

Women's wear retailer Ascena Retail Group has lowered its full-year earnings guidance on the back of lower-than-expected holiday sales.

US: Ascena expands Ohio distribution centre Katie Smith | 19 Dec 12

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.

US: Ascena Q1 profit falls despite rising sales Katie Smith | 6 Dec 12

Women's wear retailer Ascena Retail Group has seen its first-quarter net profit decline 9.3% despite booking an increase in sales.

US: Ascena to save 7,500 Fashion Bug jobs? Katie Smith | 6 Jul 12

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.

US: Ascena Retail edges closer to Charming Shoppes merger Leonie Barrie | 14 Jun 12

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."

US: Ascena Retail Q3 net income down on acquisition costs Petah Marian | 1 Jun 12

Ascena Retail Group saw third-quarter net income decline on the back of charges relating to its acquisition of Charming Shoppes.

US: Ascena ups FY forecast on Q2 profit hike Richard Woodard | 2 Mar 12

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.

US: New brand presidents for Dressbarn and Maurices Leonie Barrie | 8 Dec 11

Ascena Retail Group Inc has promoted two executives as brand presidents for its Dressbarn And Maurices chains.

US: Ascena Retail Q1 profit slips 1% Petah Marian | 2 Dec 11

Ascena Retail Group has recorded a 1% drop in first quarter profit as one-off costs offset higher sales during the period.

US: Ascena Retail taps Sullivan for new IT role Leonie Barrie | 10 Nov 11

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.

US: One-time items hurt Ascena Retail Q4 profit Leonie Barrie | 15 Sep 11

Ascena Retail Group Inc, operator of the Dressbarn, Maurices and Justice stores, says one-time charges and an accounting change that cut a week off its reporting calendar are to blame for a fall in fourth quarter profit.



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