Weeks after it announced the shuttering of its Dressbarn brand, the Mahwah, New Jersey-based fashion retailer reported a narrower-than-expected adjusted net loss in the third quarter but disappointed with stagnant sales.
Ascena Retail Group has announced that its Dressbarn brand is planning to begin a wind down of its operations, yet another step in its parent company’s efforts to turn its business around and improve shareholder value.
The owner of Dressbarn, Ann Taylor and Lane Bryant, among others, revealed on Wednesday that, after more than two decades at the company, David Jaffe is retiring as CEO, a role in which he will be replaced by Gary Muto.
Danielle Brooks has landed a new role as the newest creative eye at Fashion to Figure. The actress has been snapped up by the plus-size retailer to create a capsule clothing collection for the party season.
More dismal forecasts for US retail, this time from an RBC Capital Markets, which has released a shortlist of high-profile retailers likely to suffer large revenue deceleration and a declining sales growth rates in 2017.
The sportswear giant is gaming for a share of the athleisure plus size market with an online and in-store launch of a 43-piece collection of athletic apparel ranging in size from 1X to 3X and up to 38E for sports bras.