Profile: Ascena Retail Group Inc (ASNA.O)
27 Nov 2015
Ascena Retail Group, Inc. (ascena), incorporated on July 27, 2010, is a specialty retailer, which offers clothing, shoes and accessories for missy and plus-size women. The Company retails products through its subsidiaries under the Lane Bryant, maurices, dressbarn and Catherines brands. The Company also offers products for tween girls under the Justice brand. The Company operates through five segments: Justice, Lane Bryant, maurices, dressbarn and Catherines. As of July 30, 2015, the Company operated approximately 3,900 stores across the United States and Canada.
The Justice segment includes around 978 specialty retail and outlet stores, e-commerce operations, and certain licensed franchises in international territories. The Justice brand offers apparel to girls for ages between 5 and 12. Justice creates, designs and develops its Justice branded merchandise in-house. Justice retail stores are located in mall locations, strip shopping centers, lifestyle centers and outlet centers. Justice retails products online at www.shopjustice.com. Justice stores are located in Canada and across 48 states of the United States. Justice also has around 63 international franchise stores.
The Lane Bryant segment includes around 765 specialty retail and outlet stores and e-commerce operations. Through private labels, such as Lane Bryant and Cacique, and select national brands, the Lane Bryant segment offers apparel to female customers in plus-sizes 14-28, including intimate apparel, wear-to-work and casual sportswear, accessories, select footwear and social occasion apparel. The Lane Bryant retail stores are located in mall locations, strip shopping centers, lifestyle centers and outlet centers. Lane Bryant retails products online at www.lanebryant.com. The Lane Bryant stores are located in suburban and small towns in around 46 states of the United States.
The maurices segment includes around 951 specialty retail and outlet stores, and e-commerce operations. The maurices brand offers fashion for female customers. Under its own maurices label, the maurices product line offers women's casual clothing, career wear, dressy apparel, active wear and accessories. maurices retail stores are located near large discount and department stores. maurices has stores in Canada and in around 44 states of the United States. maurices retails products online at www.maurices.com.
The dressbarn segment includes around 824 specialty retail and outlet stores, and e-commerce operations. The dressbarn retail stores are located primarily in strip shopping centers and in surrounding suburban areas. dressbarn has stores in around 48 states and the District of Columbia. dressbarn retails products online at www.dressbarn.com.
The Catherines segment includes around 377 specialty retail stores and e-commerce operations. Catherines offers apparel and accessories to female customers for wear-to-work and casual lifestyles. It offers products to female customers who are 45 years and older. Catherines' retail stores are primarily located in strip shopping centers. Catherines stores are located in suburban and small towns in around 44 states of the United States. Catherines retails products online at www.catherines.com.
The Company competes with Walmart, Macy's, JCPenney, Kohl's, Old Navy and Target.
Ascena Retail Group Inc
933 Macarthur Blvd
MAHWAH NJ 07430-2045