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Destination Maternity

Michelle Russell

Marquee Brands makes bid for Destination Maternity

3 December 2019 | Michelle Russell

US mother-and-baby retailer Destination Maternity has approved Marquee Brands as a stalking horse bidder in its ongoing sale process, six weeks after filing for Chapter 11 bankruptcy protection.... read more


Destination Maternity names Marla Ryan as CEO

1 June 2018 | Michelle Russell

Retailer Destination Maternity has appointed apparel industry veteran and former Lands' End and J.Crew executive, Marla Ryan, as its permanent chief executive.... read more


Destination Maternity appoints another interim CEO

4 January 2018 | Michelle Russell

Destination Maternity has appointed its second interim chief executive since September as the ailing US retailer continues to weigh up strategies that will return it to profitability.... read more


Destination Maternity merges with Orchestra Prémaman

21 December 2016 | Michelle Russell

Destination Maternity has agreed a deal to merge with France's Orchestra Prémaman in a move that will create a leading global provider of maternity apparel, childrenswear and baby hard goods.... read more


US Q4 in brief: Cherokee Global Brands, Perry Ellis, Destination Maternity

15 April 2016 | Michelle Russell

In the most recent fourth-quarter filings from US apparel brands and retailers, Destination Maternity and Perry Ellis saw their losses narrow, while New York & Co moved to a net profit. However, Iconix Brand Group cut its outlook after swinging to a loss, Finish Line saw its net profit plummet 90%, and Cherokee Global Brands posted a mixed performance. ... read more


Destination Maternity rejects Orchestra-Premaman bid

15 December 2015 | Michelle Russell

Destination Maternity has rejected an unsolicited takeover bid by French children’s clothing company and stockholder Orchestra-Premaman S.A.... read more


Destination Maternity eliminates president role

4 December 2015 | Michelle Russell

Destination Maternity has eliminated the role of president as part of a streamlining process, resulting in the departure of Christopher Daniel. ... read more


Destination Maternity moves to Q4 loss

13 March 2015 | Michelle Russell

Destination Maternity has moved to a loss in its fourth-quarter on the back of charges related to management and organisational changes.... read more


Destination Maternity expands into Israel

17 October 2014 | Michelle Russell

Destination Maternity is to expand into Israel through an international franchise agreement with H&O Fashion Ltd, one of the country's most dominant fashion-retail chains.... read more


US: Destination Maternity Q3 earnings and sales slide

30 July 2014 | Michelle Russell

Destination Maternity has reported a drop in earnings in its third-quarter as revenues also fell.... read more


UK: Mothercare upbeat as Destination Maternity withdraws bids

28 July 2014 | Michelle Russell

Mother, baby and children's goods retailer Mothercare says it will continue with its strategy to turn the business around following the withdrawal of a bid by Destination Maternity.... read more


US: Kellwood appoints Babins for supply chain role

22 July 2014 | Michelle Russell

US clothing giant Kellwood Company has appointed industry veteran Marc Babins as president of its western region, with responsibility for the group's global supply chain.... read more


ANALYSIS: Mothercare pursues "aggressive" plan of recovery

17 July 2014 | Michelle Russell

Mothercare officially welcomed boss Mark Newton-Jones into the fold today (17 July) as the retail group revealed its UK performance is beginning to stabilise.... read more


US: Destination Maternity issues profit warning on weak sales

11 July 2014 | Michelle Russell

Destination Maternity, which this month revealed two bids for UK firm Mothercare, has issued a profit warning following weak third-quarter sales.... read more


UK: Mothercare makes Newton-Jones' CEO role permanent

10 July 2014 | Michelle Russell

Mother, baby and children's goods retailer Mothercare has appointed interim chief executive Mark Newton-Jones as its group CEO.... read more


UK: Mothercare shareholders back Destination Maternity bid rejection

7 July 2014 | Michelle Russell

Mothercare shareholder Allianz Global Investors has backed the baby and toddler retailer in its decision to reject two takeover approaches from US firm Destination Maternity.... read more


UK: Mothercare questions deliverability of Destination Maternity bids

2 July 2014 | Michelle Russell

Mothercare has said the two takeover offers from US firm Destination Maternity do not reflect the inherent value of the company and questions the deliverability of the proposals.... read more


UK: Mothercare rejects two Destination Maternity takeover bids

2 July 2014 | Michelle Russell

Mothercare has rejected two takeover approaches from US firm Destination Maternity, which value the struggling baby and toddler retailer at GBP266m (US$457m).... read more


US: Destination Maternity Q1 sales slide, adjusts FY guidance

9 January 2014 | Michelle Russell

Destination Maternity has booked a drop in first-quarter sales and adjusted its full-year earnings guidance to the lower end of its previous forecast.... read more


US: Destination Maternity signs online deal with Macys.com

17 December 2013 | Michelle Russell

Destination Maternity Corp has signed an exclusive supply deal with US retailer Macy's for its e-commerce business.... read more