Ascena Retail Group is an American retailer comprising the brands DressBarn, Maurices, Lane Bryant, Catherines, and Justice. The company was known as DressBarn until 2011 when it was reorganized as a Delaware Corporation named Ascena Retail Group, Inc.
The company was founded as DressBarn in 1962 in Stamford, Connecticut by Roslyn Jaffe.
Maurices was founded in 1931, consists of 850 stores in the U.S. and Canada, and was acquired by Ascena in 2009.
Lane Bryant is a plus-sized clothing retailer that was founded in 1904. The brand currently has 812 stores in 46 states and was acquired by Charming Shoppes in 1999. Charming Shoppes merged with Ascena in 2012 bringing the brands Lane Bryant, Cacique, and Catherines.
Justice, formerly part of Tween Brands, Inc., is a store targeting tweens. Tween Brands, Inc. was acquired by Ascena in 2009.
Today Ascena Retail Group operates almost 4,000 specialty stores in the United States, Puerto Rico, and Canada. Ascena is a public company, trading on the NASDAQ. Ascena has 14,000 employees and had $4.77 billion in revenue in the fiscal year ending October 26, 2013.
Ascena Retail Group
Ascena Retail Group is an American retailer comprising the brands DressBarn, Maurices, Lane Bryant, Catherines, and Justice. The company was known as DressBarn until 2011 when it was reorganized as a Delaware Corporation named Ascena Retail Group, Inc.
The company was founded as DressBarn in 1962 in Stamford, Connecticut by Roslyn Jaffe.
Maurices was founded in 1931, consists of 850 stores in the U.S. and Canada, and was acquired by Ascena in 2009.
History
Lane Bryant is a plus-sized clothing retailer that was founded in 1904. The brand currently has 812 stores in 46 states and was acquired by Charming Shoppes in 1999. Charming Shoppes merged with Ascena in 2012 bringing the brands Lane Bryant, Cacique, and Catherines.
Justice, formerly part of Tween Brands, Inc., is a store targeting tweens. Tween Brands, Inc. was acquired by Ascena in 2009.
Today Ascena Retail Group operates almost 4,000 specialty stores in the United States, Puerto Rico, and Canada. Ascena is a public company, trading on the NASDAQ. Ascena has 14,000 employees and had $4.77 billion in revenue in the fiscal year ending October 26, 2013.
