Ascena
Ascena Retail Group Files Chapter 11 Bankruptcy
The retailer reach agreement with the majority of its secured lenders on a restructuring plan cutting debt by…
Urban Outfitters Furloughs Employees for 60 Days Starting April 1
The retailer was just one of many companies to begin layoffs amid the coronavirus pandemic.
Amid More Red Ink, Ascena Sees Turnaround Progress
Turnaround efforts for the struggling retailer center on simplifying the business.
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The Pressure Cooker of Post-Christmas
On the Edge: Who's feeling the most pressure coming out of Christmas?
Ascena Retail Group’s Board Approves Reverse Stock Split to Avoid Being Delisted
But company shares are still down more than 12 percent after the split.
Ascena Turnaround Shows Progress
The liquidation of Dressbarn is on track and should be completed this month.
J. Jill CEO Switch, Jim Scully Steps in as Interim Chief
Linda Heasley exited as president and ceo.
Who Really Needs Christmas in Retail?
Hope springs eternal during the holidays, but some retailers are hoping for a little more than a nice sales…
Ascena Names MacFarlane and Baldwin to New Roles
Most recently, Justin MacFarlane was chief strategy, analytics and innovation officer at Macy's Inc.
HanesBrands Stock Falls Despite Q3 Gains
The company alluded to the impact of store closures in its outlook.
All Dressbarns Will Close by Dec. 26
Liquidation sales for the remaining 544 brick-and-mortar stores will begin Nov. 1.
Moody’s Down on Ascena
The troubled retail group expects to complete the liquidation of Dressbarn by the end of this year.
Amid Major Restructuring, Ascena Posts Q4 Loss
The struggling retailer has been streamlining weak operations and expects to have all Dressbarn stores closed…
Fashion Stocks Climb as U.S. Delays Some Tariffs Until Mid-December
From cashmere sweaters to ties, the tariff delay on some Chinese fashion imports will give retailers…
Dow Plunges as China Retaliates in Escalating Trade Dispute
Beijing allowed the yuan to break through 7 against the dollar for the first time in over a decade.