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and announced the closing of all
Catherines and Lou & Grey stores, a significant number of Justice stores, and a select number of Ann Taylor, LOFT, and Lane Bryant stores. On November 11, 2020, Ascena Brands announced the closure of all remaining
496:
has completed its acquisition of Ann Taylor, LOFT, Lou & Grey and Lane Bryant brands. Ascena is now a privately held company owned by
Sycamore Partners and no longer a publicly traded company and has emerged out of bankruptcy.
1179:
1139:
754:
444:. Limited Too changed its name to Tween Brands in 2008, and the company had almost completely converted its remaining Limited Too stores to Justice stores at the time of the Ascena acquisition.
400:, by Roslyn Jaffe. Jaffe saw the opportunity to provide wear-to-work dresses and clothing for the working woman during a time when women were entering the workforce in greater numbers.
461:
On May 1, 2019, David Jaffe stepped down as Ascena's CEO and as chairman of the board after a 27-year tenure, although he retained a non-chair board seat. Ascena Brands president and
458:, the parent company of clothing retailers Ann Taylor and Loft. Ascena Group completed its acquisition of Ann Inc on August 21, 2015. Ann Inc. operates as an Ascena Group subsidiary.
836:
1144:
500:
On
January 4, 2021, Gary Muto stepped down as CEO of Ascena and in place Lizanne Kindler was named as the Executive Chair and Interim Chief Executive Officer of Ascena.
440:, the owner of the Justice chain of 891 stores. Justice, which is aimed at girls between ages 7 and 14, is the successor of Limited Too, originally launched in 1987 by
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In 2005, Ascena Retail Group acquired
Maurices Inc. from American Retail Group. The name Ascena is derived from the previous parent company of Maurices,
758:
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Gary Muto replaced Jaffe as Ascena Retail Group's CEO. Ascena president and Chief
Operating Officer Brian Lynch also left the company on May 1.
489:
found that of all
American retailers, Ascena Retail had closed the most locations in 2020, at 1,200 closures of 8,400 in the country overall.
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On May 20, 2019, Ascena announced that it was closing all of its approximately 650 Dressbarn locations, which they did on
December 26.
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stores as well as the online website after the brand was sold to
Bluestar Alliance LLC. In December 2020, a study from
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407:(symbol DBRN) in 1982. In January 2011, to reflect its broader holdings, the company was reorganized as a
48:
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451:, which was the parent holding company for Lane Bryant, Cacique and Catherines Plus, for $ 900 million.
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649:"The Dress Barn, Inc. Completes Delaware Holding Company Reorganization into Ascena Retail Group, Inc"
142:
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Chairman
Emeritus Elliot Jaffe and his wife and co-founder, Roslyn, own about 25% of Ascena.
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In 2009, Ascena Retail Group expanded into the girls' clothing market by purchasing
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607:"ASNA: Ascena Retail Group, Inc. - Income Statement - Zacks Investment Research"
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1088:
755:"Ascena Retail Group completes approximately $ 2 billion acquisition of Ann"
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Women's clothing products (district stores for young women and older women)
942:"The 30 retailers and restaurant chains that filed for bankruptcy in 2020"
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On May 18, 2015, Ascena Group agreed to a $ 2.16 billion acquisition of
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520:"Ascena, owner of Ann Taylor and Lane Bryant, files for bankruptcy"
265:
1001:
804:"C-suite shakeup at Ascena Retail Group as longtime CEO leaves"
433:. A.merican S.ervices C. en A. whereby "en" is "and" in Dutch.
214:
946:
917:"What Is Lou & Grey (+ Why I Am This Brand's Biggest Fan)"
190:
829:"Dressbarn to close all 650 stores, shutter entire business"
987:
543:
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The company's NASDAQ symbol also changed to ASNA in 2011.
348:
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Companies traded over-the-counter in the United States
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Companies that filed for
Chapter 11 bankruptcy in 2020
729:"Ascena Buying Ann Taylor Parent For $ 2.16 Billion"
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372:clothing store brand, and is the parent company of
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858:"Ascena Retail Group Files Chapter 11 Bankruptcy"
671:"Ascena Retail Group Inc. - Company Information"
757:. Fox Business. August 21, 2015. Archived from
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8:
1145:Companies based in Bergen County, New Jersey
492:On December 23, 2020, Ascena announced that
30:
1020:
1006:
998:
376:, operator of Ann Taylor and Loft stores.
36:
29:
549:"Ascena Retail Group Inc. (ASNA) Profile"
961:"Hear Sycamore Resets Ascena Management"
780:"Ascena founder's son steps down as CEO"
697:"Retail Rival to Buy Lane Bryant Parent"
476:On July 23, 2020, the company filed for
417:
1155:Companies formerly listed on the Nasdaq
1125:Clothing retailers of the United States
885:"Ann Taylor Owner Files for Bankruptcy"
508:
1135:American companies established in 1962
447:In 2012, Ascena Retail Group acquired
368:of women's clothing. Ascena also owns
940:Jordan Valinksy (December 13, 2020),
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1150:Retail companies based in New Jersey
1130:Retail companies established in 1962
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1160:1962 establishments in Connecticut
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472:Pandemic and closures (2020–2021)
651:. Business Wire. January 3, 2011
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883:Al-Muslim, Aisha (2020-07-23).
839:from the original on 2019-05-21
396:was opened in February 1962 in
388:Founding and growth (1962–2019)
1170:1980s initial public offerings
1:
988:Ascena Group official website
695:Mattioli, Dana (2012-05-01).
403:The company began trading on
1196:
993:Dressbarn official website
635:"ASNA: NA - Balance Sheet"
134:Roslyn Jaffe, Elliot Jaffe
413:Ascena Retail Group, Inc.
362:Ascena Retail Group, Inc.
92:Retail (women's clothing)
35:
31:Ascena Retail Group, Inc.
18:Ascena Retail Group, Inc.
424:Green Oak Village Place
293:US$ 151 million (2019)
276:US$ 2.7 billion (2019)
74:: ASNA (2011-2020)
68:: DBRN (1982-2011)
426:
113:; 62 years ago
111:February 13, 1962
862:www.finance.yahoo.com
478:Chapter 11 bankruptcy
421:
398:Stamford, Connecticut
124:Stamford, Connecticut
846:– via Reuters.
409:Delaware corporation
217:5.493 billion (2019)
27:American corporation
1175:Ascena Retail Group
1029:Ascena Retail Group
889:Wall Street Journal
701:Wall Street Journal
309:Number of employees
151:Number of locations
32:
1165:Mahwah, New Jersey
675:The New York Times
487:Coresight Research
431:C&A Netherland
427:
313:53,000 (Aug. 2019)
155:2,764 (Feb. 2020)
143:Mahwah, New Jersey
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1111:
965:finance.yahoo.com
494:Sycamore Partners
364:, is an American
359:
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302:Sycamore Partners
189:Lizanne Kindler (
16:(Redirected from
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835:. May 21, 2019.
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808:Chain Store Age
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864:. 23 July 2020
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735:. May 18, 2015
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80:: ASNAQ (2020)
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761:on 2015-09-05
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969:. Retrieved
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841:. Retrieved
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812:. Retrieved
810:. 2019-05-02
807:
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787:. Retrieved
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763:. Retrieved
759:the original
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528:. Retrieved
523:
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446:
438:Tween Brands
435:
428:
422:Dress Barn,
412:
402:
391:
378:
361:
360:
319:Subsidiaries
283:Total equity
266:Total assets
139:Headquarters
45:Company type
1094:Fashion Bug
1053:Lane Bryant
921:It's Causal
784:Retail Dive
680:January 17,
655:January 17,
581:www.sec.gov
524:www.cnn.com
442:The Limited
370:Lane Bryant
332:Lane Bryant
174:Puerto Rico
161:Area served
98:Predecessor
1119:Categories
1084:Catherines
1043:Ann Taylor
971:2021-09-27
926:2022-09-14
902:2020-07-23
843:2019-10-26
814:2019-05-16
789:2019-05-16
765:2019-10-25
739:August 25,
714:2019-05-16
577:"Document"
504:References
392:The first
329:Catherines
324:Ann Taylor
245:Net income
185:Key people
118:1962-02-13
1089:Dressbarn
897:0099-9660
709:0099-9660
611:zacks.com
394:Dressbarn
102:Dressbarn
57:Traded as
1104:Maurices
1079:Brothers
837:Archived
833:NBC News
456:Ann Inc.
374:Ann Inc.
366:retailer
198:Products
131:Founders
88:Industry
78:OTC Pink
1099:Justice
1048:Cacique
1036:Current
868:23 July
616:17 June
586:20 June
558:17 June
530:23 July
483:Justice
383:History
351:.ascena
344:Website
339:Justice
327:Cacique
206:Revenue
116: (
108:Founded
49:Private
1072:Former
895:
733:Forbes
707:
411:named
405:NASDAQ
178:Mexico
170:Canada
72:Nasdaq
66:Nasdaq
298:Owner
122:, in
1058:LOFT
893:ISSN
870:2020
741:2015
705:ISSN
682:2012
657:2012
618:2020
588:2020
560:2020
532:2020
353:.com
337:LOFT
257:-661
255:US$
236:-782
234:US$
215:US$
947:CNN
463:CEO
349:www
191:CEO
1121::
963:.
944:,
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891:.
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626:^
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
