Profile: Ascena Retail Group Inc (ASNA.O)
21 Jul 2017
Ascena Retail Group, Inc., incorporated on July 27, 2010, is a specialty retailer of apparel for women and tween girls. The Company classifies its businesses into six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. As of July 30, 2016, the Company operated approximately 4,900 stores in 49 United States' states, the District of Columbia, Canada and Puerto Rico.
As of July 30, 2016, the ANN segment had 1,022 specialty retail and outlet stores, e-commerce operations and various licensed franchises in international territories, which allow customers to shop in over 100 countries across the world. The ANN segment offers feminine classics and fashion choices, sold primarily under the Ann Taylor and LOFT brands. ANN focuses on providing a range of fashion and everyday essentials. ANN retail stores are located in mall locations, lifestyle centers and outlet centers.
As of July 30, 2016, the Justice segment had 937 specialty retail and outlet stores, e-commerce operations and various licensed franchises in international territories. The Justice brand offers apparel to girls who are aged 6 to 12. Justice creates, designs and develops its own Justice branded merchandise in-house. It offers a mix of apparel, accessories, footwear, intimates and lifestyle products, such as cosmetics, bedroom furnishings and electronics. Justice retail stores are located in mall locations, strip shopping centers, lifestyle centers and outlet centers.
As of July 30, 2016, the Lane Bryant segment had 772 specialty retail and outlet stores, and e-commerce operations. Lane Bryant is a brand name in plus-size fashion with stores concentrated in suburban and small towns, offering apparel to female customers in plus-sizes 14-28 through its namesake and Cacique private labels, along with select national brands. Its merchandise assortment offerings include intimate apparel, wear-to-work and casual sportswear, accessories, select footwear and social occasion apparel. Lane Bryant retail stores are located in mall locations, strip shopping centers, lifestyle centers and outlet centers.
As of July 30, 2016, the maurices segment had 993 specialty retail and outlet stores, and e-commerce operations. maurices stores are concentrated in small markets (approximately 25,000 to 150,000 people), and cater to local market preferences through a merchandise assortment that is refined to reflect individual store demands. The maurices product line encompasses women's casual clothing, career wear, dressy apparel, active wear and accessories.
As of July 30, 2016, the dressbarn segment had 809 specialty retail and outlet stores, and e-commerce operations. The dressbarn segment consists of the specialty retail, outlet and e-commerce operations of the dressbarn brand. dressbarn retail stores are located primarily in strip shopping centers in various trading and high-density markets and in surrounding suburban areas.
As of July 30, 2016, the Catherines segment had 373 specialty retail stores and e-commerce operations, offering a range of plus sizes (16-34) and extended sizes (28-34). Catherines offers classic apparel and accessories to female customers for wear-to-work and casual lifestyles. Catherines retail stores are concentrated in suburban and small towns and are primarily located in strip shopping centers.
The Company competes with Walmart, Macy's, JCPenney, Kohl's, Old Navy, Target, TJX Companies and Amazon.
Ascena Retail Group Inc
933 Macarthur Blvd
MAHWAH NJ 07430-2045