Dress Barn Owner
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Ascena retail group has sold the intellectual property assets of its dressbarn brand to a subsidiary of retail ecommerce ventures llc and has begun the process of transitioning its e commerce business to the firm.
Dress barn owner. The first dressbarn opened in february 1962 in stamford connecticut by roslyn jaffe. In 2004 the company known as the dress barn inc. Although dressbarn already has closed 100 stores and will close its remaining 544 stores by dec.
Parent company ascena retail sold the dressbarn intellectual property assets including its e commerce business to a subsidiary of retail ecommerce ventures llc. 26 the retailer will live on online under new ownership around the start of 2020. Christopher sadowski a group of lenders owed more than 1 4 billion by dressbarn s owner ascena retail group is getting nervous that it won t get its money back the post has learned.
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