Where is ascena group located?
Where is ascena group located?
Mahwah, New Jersey
Ascena Retail Group, Inc. Mahwah, New Jersey, U.S.
How many stores does Ascena Retail Group have?
This graph shows the total number of stores of the Ascena Retail Group worldwide in 2019, by brand. In that year, the total number of Justice stores operated by the Ascena Retail Group amounted to about 826.
What brands does Ascena Retail Group own?
Our Company ascena is a national specialty retailer offering apparel, shoes and accessories for women. Through our collective brands—including Ann Taylor, LOFT, Lane Bryant and Cacique—we serve women across generations, identities, affiliations and body types.
Who owns ascena retail?
Sycamore PartnersAscena Retail Group / Parent organization
Does ascena own Talbots?
Ascena also previously owned the DressBarn and closed all of its stores last year. Sycamore Partners is a private equity firm based in New York, which owns a number of retailers including Belk, Hot Topic, Staples, Talbots and Torrid.
What happened to Ascena Retail Group?
Mahwah, formerly known as Ascena Retail Group, filed for bankruptcy in July 2020 with more than $1 billion in debt and plans to close many of its stores. The company’s brands, including Ann Taylor, Lane Bryant and Loft, were later sold to private equity firm Sycamore Partners.
What happened to Ascena?
A bankruptcy court has approved Ascena Retail Group’s Chapter 11 plans. Under the plans, Ascena — which owns Ann Taylor, Lane Bryant, Loft and Lou & Grey — will be renamed Mahwah Bergen Retail Group. Ascena originally filed for bankruptcy last July.
Does Ascena own torrid?
The firm runs The Limited, department store Belk, Staples, Torrid, Talbots and Hot Topic, among others, and many of its acquisitions have been snapped up in bankruptcy.
Is Talbots in trouble as a retailer?
Analysts have been worried about Talbots for years now as its debt load weighs on a company in a troubled sector. The women’s apparel seller was swept up in a buying spree by private equity in the retail industry during the early 2010s that, after years of distress and bankruptcies, has since slowed.
