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Dressbarn is an online retailer which specializes in women's casual dresses, leisure wear, accessories, and workwear. The company was founded as Dress Barn and operated retail stores between the early 1960s and late 2010s. In 2020, it became a brand owned by the private equity firm Retail Ecommerce Ventures (REV) and branded as dressbarn.
As shopping has shifted online and styles have evolved, Ascena has been grappling with sagging sales and a large debt-load. Looking to stem the losses, Ascena is turning to pruning its less ...
Starting out with only women's clothing, the company now sells men's, women's, and children's apparel, as well as home design products. [9] Gudrun Sjödén is a Swedish fashion designer known for a colorful line of clothes. Whyred was created by Roland Hjort, Lena Patriksson and Jonas Clason in 1999. The brand is known for its signature parka ...
Ascena Retail Group, Inc., is an American retailer of women's clothing. Ascena also owns Lane Bryant clothing store brand, and is the parent company of Ann Inc., operator of Ann Taylor and Loft stores. Chairman Emeritus Elliot Jaffe and his wife and co-founder, Roslyn, own about 25% of Ascena. [citation needed]
Charming Shoppes was founded in 1940, it went public in 1971, [3] and was ranked 927th on the 2012 Fortune 1000. [4] On May 2, 2012, Ascena Retail Group, the parent company of Dressbarn, announced that it would acquire Charming Shoppes with a $900 million transaction through a combination of cash in hand and $325 million of borrowings from credit facilities.
On June 25, 2009, Dress Barn announced that it would buy Tween Brands, Inc, in a friendly acquisition. [6] In 2010, Tween Brands began a boys clothing line entitled “Brothers”. [7] On January 1, 2011, Dress Barn completed its reorganization into Ascena Retail Group, Inc. trading on the NASDAQ under the stock ticker symbol ASNA. [8]
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