Ascena Retail Group, Inc.

Sector: Women's Clothing Stores Region: NY, United States

Exchange/Ticker: Nasdaq: ASNA

Company Description

Ascena Retail Group, Inc. owns and operates women's clothing & accessories stores. The company operates through five segments: Justice, Lane Bryant, Maurices, Dressbarn and Catherines. The Justice segment creates designs and develops its own exclusive Justice branded merchandise in-house. This brand offers fashionable apparel to girls who are ages 7 to 14 in an environment designed to match the energetic lifestyle of tween girls. The Lane Bryant segment offers female customers in plus-sizes 12-32, including intimate apparel, wear-to-work and casual sportswear, accessories, select footwear and social occasion apparel. The Maurices segment is primarily sold under two product lines, maurices and Studio Y. The maurices encompasses women's casual clothing, career wear and accessories, while the Studio Y product line represents women's dressy apparel. The Dressbarn segment offers moderate-to-better quality career and casual fashion to the working woman. The Catherines segment offers classic apparel and accessories to female customers for wear-to-work and casual lifestyles. Ascena Retail was founded by Elliot S. Jaffe and Roslyn S. Jaffe in 1962 and is headquartered in Suffern, NY.

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