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After trying to find a new owner ascena said monday that it s.
Dress barn parent. The decision to close dressbarn has no impact on the operations of any of ascena s other brands which include ann taylor and lane bryant and will strengthen the company s overall financial. Before shuttering the dressbarn locations the company had about 3 500 locations across all brands. Ascena also owns ann taylor loft lou grey lane bryant catherines cacique and justice.
The retail industry suffered another blow monday after dressbarn s parent company announced it was shutting down the clothing chain s operations. Is deleting one brand from its portfolio announcing its plan to shutter all 650 dressbarn locations as part of an ongoing effort to grow the company. Eventually dressbarn brand was sold by ascena to tai lopez and his business partner alex mehr via newly established retail ecommerce ventures and the site was relaunched in 2020.
Ann taylor parent ascena retail group inc.
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