Ascena Retail Group
Ascena Retail Group, Inc., is an American retailer of women's clothing. Ascena also owns Lane Bryant clothing store brand, and is the parent company of Ann Inc., operator of Ann Taylor and Loft stores.
| Company type | Private |
|---|---|
Traded as |
|
| Industry | Retail (women's clothing) |
| Predecessor | Dressbarn |
| Founded | February 13, 1962, in Stamford, Connecticut, United States |
| Founders | Roslyn Jaffe, Elliot Jaffe |
| Headquarters | Mahwah, New Jersey, United States |
Number of locations | 2,764 (Feb. 2020) |
Area served | United States, Canada, Puerto Rico, Mexico |
Key people | Lizanne Kindler (CEO) |
| Products | Women's clothing products (district stores for young women and older women) |
| Revenue | US$5.493 billion (2019) |
| US$-782 million (2019) | |
Net income | US$-661 million (2019) |
| Total assets | US$ 2.7 billion (2019) |
| Total equity | US$ 151 million (2019) |
| Owner | Sycamore Partners |
Number of employees | 53,000 (Aug. 2019) |
| Subsidiaries | Ann Taylor Cacique Catherines Lane Bryant Lou & Grey LOFT Justice |
| Website | www |
Chairman Emeritus Elliot Jaffe and his wife and co-founder, Roslyn, own about 25% of Ascena.
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