Ascena's move to buy back its own debt was opportunistic — a move to give itself relief from debt payments while it was trading below its issue price (or par). During its most recent reporting period, ...
Ascena Retail Group Inc. is offloading its Justice brand. The bankrupt retailer — also parent to Ann Taylor and Loft — announced on Tuesday that it has entered into an asset purchase agreement with ...
Ascena has been rapidly downsizing this year as it tries to manage shrinking sales. The sales declines have turned its debt pile — a legacy of its acquisition binge in the mall-based apparel space — ...
Shares slipped after the retailer delivered another disappointing earnings report. During a time when other retailers were seeing growth during the key holiday season, Ascena said comparable sales ...
The Ascena Retail Group Inc., operator of the Ann Taylor, Loft, Lane Bryant, Justice and Lou & Grey chains, has filed for Chapter 11 bankruptcy, the company disclosed today. Ascena, yet another retail ...
Ascena Retail (NASDAQ: ASNA), owner of the Justice, Lane Bryant, Ann Taylor, and Dress Barn brands, saw its share price pummeled this morning in response to an earnings warning on Q2 results. Ascena ...
Ascena Retail Group (ASNA) is expanding its women's apparel business with a deal to buy Ann Inc. (ANN), owner of the Ann Taylor and Loft brands and retail stores, for about $2.16 billion. Ascena, ...
Ascena Retail Group Inc. ASNA, a specialty retailer, recently announced a new ‘Change for Growth’ program that marks the start of the execution phase of its transformation plan, alongside ...
Ascena filed Chapter 11 bankruptcy protection last week citing challenges from COVID-19. However, the parent company for several brands including Ann Taylor and Loft has had financial performance ...
Forbes contributors publish independent expert analyses and insights. Building a platform to do the job of 1 million analysts After consistent pressure from activist investors, much speculation and ...
On Wednesday, Ascena Retail Group will release its latest quarterly results. With retailers having faced a tough winter, however, can Ascena buck the trend and post more promising earnings than some ...
The parent company of maurices just finished a tough year. Here's what investors need to know. Signs of trouble surfaced early for the parent company of maurices, dressbarn, LOFT, Catherines, Lane ...