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Destination Maternity Corporation (formerly Mothers Work, Inc.) is the world's largest designer and retailer of maternity apparel, based in Moorestown, New Jersey. [1]On October 21, 2019, Destination Maternity filed for Chapter 11 bankruptcy protection, blaming increased competition and struggles with long-term debt as reasons contributed to the filing.
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All Motherhood Maternity and A Pea in the Pod locations were closed by the end of 2019, although A Pea in the Pod would eventually re-launch brick-and-mortar operations with concept stores in Chicago and New York. [112] [113] Dirt Cheap filed for bankruptcy on October 10, 2024 and announced that all of its discount stores would be liquidated. [114]
The 10-second takeawayFor the quarter ended June 30 (Q3), Destination Maternity met expectations on revenues and earnings per share. Destination Maternity Hits Estimates, but GAAP Results Lag Last ...
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