The sale to Premium Apparel LLC, first announced in November and priced at $540 million, comes as the Mahwah, New Jersey-based Ascena works to exit bankruptcy.
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74 published items with the word (s) or phrase Ascena in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Ascena completes sale of its premium brands")
Ascena completes sale of its premium brands -
![]( "More than 1,000 chain stores closed in New York in 2020")
More than 1,000 chain stores closed in New York in 2020According to the Center for an Urban Future, retail chains shuttered more than 1,000 stores in New York this year due to the impact of Covid-19, with both clothing and beauty stores implementing widespread closures.
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![]( "Ascena to sell premium and plus brands for $540 million")
Ascena to sell premium and plus brands for $540 millionAs it seeks to exit bankruptcy, the Mahwah, New Jersey-based fashion retail group has announced plans to sell its Ann Taylor, Loft, Lane Bryant and Lou & Grey brands to an affiliate of Sycamore Partners.
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![]( "Ascena offloads Justice brand, closing all stores as part of new acquisition")
Ascena offloads Justice brand, closing all stores as part of new acquisitionThe sale, which will see all Justice stores wound down by early 2021, comes after Ascena filed for Chapter 11 bankruptcy last July.
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![]( "Premier Brands Group to acquire Justice")
Premier Brands Group to acquire JusticeThe New York-based investment and licensing firm has announced that it has entered into an asset purchase agreement with Ascena Retail Group to acquire its tween fashion and lifestyle brand, Justice.
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![]( "Ascena to sell Justice brand")
Ascena to sell Justice brandAscena Retail Group announced on Tuesday that it has entered into an asset purchase agreement to sell the intellectual property, e-commerce business and other assets of its Justice brand.
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![]( "Neiman Marcus makes cuts to store staff on way out of bankruptcy")
Neiman Marcus makes cuts to store staff on way out of bankruptcyAs the Dallas, Texas-based department store operator emerges from bankruptcy, it has announced that it is reducing its retail workforce as part of a review of its business.
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![]( "Ascena receives court approval for reorganization plan")
Ascena receives court approval for reorganization planHaving filed for Chapter 11 bankruptcy in July, the Mahwah, New Jersey-based owner of Ann Taylor and Lane Bryant has received court approval for its reorganization plan, which must now be approved by its creditors.
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![]( "Ascena Retail files for bankruptcy")
Ascena Retail files for bankruptcyAscena Retail Group, owner of Ann Taylor and Lane Bryant, filed for Chapter 11 bankruptcy protection on Thursday, succumbing to the economic fallout of the Covid-19 pandemic.
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![]( "Crocs, G-III and Ascena announce further measures to deal with coronavirus crisis")
Crocs, G-III and Ascena announce further measures to deal with coronavirus crisisExtended store closures, furlough programs and base salary reductions are just some of the measures announced by U.S.-based fashion retailers such as Crocs, Ascena and G-III since the start of the week.
