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Ascena Retail Group

Michelle Russell

Ascena Retail sells Catherines to FullBeauty Brands?

21 September 2020 | Michelle Russell

Ascena Retail Group, owner of the Ann Taylor, Loft and Lane Bryant chains, has reportedly sold its Catherines brand for more than double what it was initially offered.... read more


Ascena latest to file for Chapter 11 bankruptcy protection

23 July 2020 | Michelle Russell

Ascena Retail Group, owner of the Ann Taylor, Loft and Lane Bryant chains, has filed for Chapter 11 bankruptcy protection, becoming the latest retail group to do so during the coronavirus pandemic.... read more


Ascena ends year on sound note, returns to profit

25 September 2018 | Michelle Russell

Ascena Retail Group has ended its fiscal year on a sound note as it moved to a profit in the fourth quarter and booked higher margins on the back of improved sales.... read more


Ascena Retail continues run of weak performance

5 June 2018 | Michelle Russell

Ascena Retail Group has continued its run of weak performance with what analysts have described as an "unimpressive and uninspiring" set of third-quarter results thanks to a soft start in February and challenges in its value segment.... read more


Ascena Retail moves to Q4 loss on lower traffic

26 September 2017 | Michelle Russell

US women's wear retailer Ascena Retail Group has booked a loss in its fourth-quarter and lower sales as the company battled slowing store traffic and booked costs related to its transformation plan and acquisition of Ann Inc.... read more


Ascena widens Q2 net loss on traffic headwinds

7 March 2017 | Michelle Russell

Ongoing store traffic headwinds and overall customer price sensitivity continued to impact US women's wear retailer Ascena Retail Group in its second-quarter as net losses widened and sales fell.... read more


Ascena outlook cautious despite Q1 profit

2 December 2016 | Michelle Russell

US women's wear retailer Ascena Retail Group has offered a cautious outlook for the rest of its financial year, despite moving to a profit in the first quarter.... read more


Ascena restructuring includes new sourcing focus

5 October 2016 | Michelle Russell

US women's wear retailer Ascena Retail Group is restructuring its business to focus on key customer segments, improve its time-to-market and reduce working capital, with the changes including a new brand services team to oversee supply chain, sourcing and logistics. ... read more


Ascena Retail battles "challenging" Q3

1 June 2016 | Michelle Russell

US women's wear retailer Ascena Retail Group said it battled an unseasonably cold spring in the third quarter as it revealed mixed results with a fall in earnings but higher revenues. ... read more


US: Improved gross margin boosts Ascena Q1

4 June 2014 | Michelle Russell

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