Plus size women's wear chain Charming Shoppes has confirmed that shareholder Crescendo Partners intends to nominate three individuals, including two hedge fund representatives, for election to the retailer's board.

The shareholder group, which is said to want more control over Charming Shoppes' operations, has nominated three directors for election at its upcoming Annual Shareholders Meeting.

A statement by Charming Shoppes said: "We have had extensive conversations with the group and are prepared to have continuing conversations with them as long as they are constructive.

"However, the board of directors will not be distracted from its focus on the best interests of all Charming Shoppes shareholders by the threat of a proxy contest from a dissident shareholder group."