×
71 509
Fashion Jobs
MACY'S
Asset Protection Officer, Tulsa - Part Time (2840)
Permanent · Owasso
MACY'S
Asset Protection Detective, Fairlane Town Center - Full Time
Permanent · Dearborn
MACY'S
Asset Protection Detective, Maplewood - Full Time
Permanent · Maplewood
MACY'S
Beauty Account Coordinator
Permanent · New York
MACY'S
Asset Protection Detective, Lakeside - Standard Part Time
Permanent · Metairie
MACY'S
Asset Protection Detective, Westland - Full Time
Permanent · Hialeah
ATHLETA
General Manager - Atlantic Station
Permanent · Atlanta
ATHLETA
Assistant General Manager ne - Summit (The)
Permanent · Birmingham
SHISEIDO
Digital Marketing Manager
Permanent · Miami
ABERCROMBIE AND FITCH CO.
Asset Protection Investigator
Permanent · Columbus
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Southport
Permanent · Chicago
GILLY HICKS STORES
Gilly Hicks - Manager in Training, Easton Town Center
Permanent · Columbus
COTY
Coordinator, Sales Operations
Permanent · New York
FOOT LOCKER
Atmos Usa Manager in Training(Mit)
Permanent · Arlington
UNIQLO
Loss Prevention Supervisor - Great Mall, Milpitas ca
Permanent · Milpitas
OLD NAVY
Regional HR Manager - Southern California
Permanent · Los Angeles
OLD NAVY
Assistant Manager, Customer Operations - Poyner Place
Permanent · Raleigh
OLD NAVY
Assistant Manager, Customer Operations - Dierbergs-Edwards
Permanent · Edwardsville
OLD NAVY
General Manager -Riverdale Village
Permanent · Coon Rapids
OLD NAVY
Asset Protection Service Representative - Hudson
Permanent · Jersey City
OLD NAVY
Asset Protection Service Representative
Permanent · Fresno
OLD NAVY
Assistant General Manager, Merchandising - Plaza at Citrus Park
Permanent · Tampa
Published
Jan 8, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Ascena announces holiday sales results, replaces Lane Bryant president

Published
Jan 8, 2018

Ascena Retail Group announced its holiday results with quarterly comp sales down 3%. Teen retailer Justice was the only brand that posted positive comps, up 4%. The company has, however, reaffirmed its 2018 forecast.



David Jaffe, Chief Executive Officer commented in a release, “While holiday performance was mixed across our brand portfolio, we were pleased with the continued comp acceleration at Justice, along with the significant trend improvement at both Loft and Lane Bryant, which were five points better than the prior quarter."

Loft showed 1% decline in comp sales while Lane Bryant comp sales remained flat. Plus fashion brand Catherines dropped 7% and Ann Taylor dropped 6%.

Ascena's value fashion segment, comprised of Maurice's and Dressbarn, showed the weakest performance. Maurice's comp sales were down 6% and Dressbarn's were down 13%. The total segment fell 9%.

Jaffe noted that the company is "aggressively addressing merchandising issues at Dressbarn", stating that the company expects to see improvement in the Spring season.

Despite the decline in comp sales, Ascena is reaffirming its Q2 earnings guide which already forecast a loss per share.

To help give its plus-size business a boost, Ascena also announced that it had appointed Eric Hunter as the new plus-size segment president. In his new role he will lead the Lane Bryant, Catherines and Cacique brands.

Hunter was most recently the EVP of Marketing for Pier 1 Imports and has a heavily consumer-focused marketing background. He was SVP at JC Penney and acting Chief Marketing Officer, and was also a CMO and Group President at Kellwood Company.

Gary Muto, President and Chief Executive Officer of Ascena Brands said, "Eric’s broad experience and focus on the customer makes him well-equipped to take on this essential leadership position."
 

Copyright © 2022 FashionNetwork.com All rights reserved.