$ASNA News

Last published 6y ago

6y agoASNAascena retail group Achieves Important Milestones in Restructuring ProcessGlobeNewswireCourt Approves Disclosure Statement and Debtor-in-Possession Financing on Final Basis; Debtor-in-Possession Financing to Convert to Exit Financing Upon Emergence Company to Begin Solicitation of...
6y agoASNA CBL AMZN GNC+2These retailers filed for bankruptcy in 2020CNBCA number of retailers were already teetering on the brink of collapsing prior to the coronavirus pandemic slamming the industry.
6y agoASNAascena retail group Receives Court Approval of “First Day” Motions to Support Business OperationsGlobeNewswireAnn Taylor, LOFT, Lane Bryant, Justice and Lou & Grey Continuing to Serve Customers with Compelling Fashion Assortments and an Exceptional Shopping Experience MAHWAH, N.J., July 24, 2020 (GLOBE...
6y agoASNAStore Closing Sales Underway At All Catherines Stores, Significant Number Of Justice Stores, And Select Ann Taylor, LOFT, Lane Bryant, And Lou & Grey Stores, Including All Stores Across Brands In Canada And Puerto RicoPR NewswireAscena Retail Group, Inc. (Nasdaq: ASNA) ("ascena" or the "Company"), a leading national specialty retailer for women's and girls' apparel, and SB360 ...
6y agoSPG BPY RTW ASNAMall owner Simon and Authentic Brands make $305 million bid for bankrupt Brooks Brothers, aiming to keep over 125 stores openCNBCSimon, which is the biggest U.S. mall owner by the number of malls it operates, had already teamed up with ABG to supply financing to carry Brooks Brothers through its restructuring, as the retailer searched for a buyer.
6y agoASNAAnn Taylor parent Ascena files for Chapter 11 bankruptcyCNBCThe parent company of Ann Taylor and Loft, Ascena Retail Group, filed for Chapter 11 bankruptcy protection Thursday morning, marking the latest apparel maker to be pushed to the brink during the coronavirus pandemic.
6y agoASNAascena retail group Reaches Comprehensive Restructuring Agreement to Strengthen Financial PositionGlobeNewswireRestructuring Support Agreement Supported by Over 68% of Secured Term Lenders; Files Voluntary Chapter 11 Petitions to Implement Financial Restructuring Plan COVID-19 Pandemic Disrupted Meaningful...
6y agoRTWIQ NMG ASNAAnn Taylor Parent Seeks New Loan, Board as It Nears BankruptcyBloombergAscena Retail Group Inc., the struggling owner of the Ann Taylor and Lane Bryant clothing chains, is seeking $150 million of new capital from its lenders to fund operations during a bankruptcy reorganization, according to people with knowledge of the plans.
6y agoMC ASNA DKS CBLMall Owner CBL Prepares to File for Bankruptcy ProtectionBloombergCBL & Associates Properties Inc., the owner of more than 100 shopping malls across the U.S., is preparing to file for bankruptcy, according to people with knowledge of the plans.
6y agoINTEQ ASNA BGG HTZ+1Executives at Bankrupt Companies Scored $131 Million in BonusesBloombergBefore the bankruptcies came the bonuses: $10 million at J.C. Penney Co., $25 million at Chesapeake Energy Corp., $1.5 million at Hertz Global Holdings Inc.
6y agoWMT ASNA TLRD FRAN+2Pandemic deals mightier blow to retail than Great Recession: First-quarter operating income down 58%CNBCThe retail sector's first-quarter operating income fell 57.7% compared to last year, marking the worst quarter on record.
6y agoNKLAW UAL KSS TWTR+10Stocks making the biggest moves midday: Nikola, Twitter, Levi Strauss, Taylor Morrison & moreCNBCCheck out the companies making headlines in midday trading.
6y agoAXP ASNA AAPL AMZN+1France to Protect Economy; Violence in Serbia: Virus UpdateBloombergFrance’s new prime minister said he would back targeted restrictions to preserve the economy if the country is hit by a second wave of virus infections. Violence flared in Serbia after confirmation that the capital, Belgrade, will impose a lockdown at the weekend to confront an “alarming” spike in cases.
6y agoASNADrag Queen Nina West and Lane Bryant “Say It With Love”GlobeNewswireCOLUMBUS, Ohio, June 12, 2020 (GLOBE NEWSWIRE) -- Pride may look a bit different this year…but with a little help (and magic) from local Columbus, Ohio Drag Queen Nina West, you’ll be ready to...
6y agoASNAascena retail group Provides Additional Business Update on COVID-19GlobeNewswireMAHWAH, N.J., May 28, 2020 (GLOBE NEWSWIRE) -- ascena retail group, inc. (Nasdaq: ASNA) (“ascena” or the “Company”) today provided a brief update related to its most recently completed quarter that...
6y agoASNAASCENA RETAIL GROUP ADOPTS TAX BENEFITS PRESERVATION PLANGlobeNewswireMAHWAH, N.J., May 26, 2020 (GLOBE NEWSWIRE) -- ascena retail group, inc. (Nasdaq:ASNA) (“ascena” or the “Company”), today announced that its Board of Directors adopted a tax benefits preservation...
6y agoASNA TLRD LE DO+8JC Penney could join a growing list of bankruptcies during the coronavirus pandemicCNBCThe economic uncertainty driven by the Covid-19 pandemic has pushed struggling companies over the edge into bankruptcy proceedings.
6y agoSPG CTRN CATO PLCE+7Georgia gives retail a glimpse of what reopening the economy will look likeCNBCRetailers are closely watching the consumer reaction in Georgia, as it is among the first states to begin a phased reopening of its economy.
6y agoM JWN ASNAFive million more unemployment claims expected, but now layoffs are broader and could be more permanentCNBCAnother 5.25 million workers may have filed unemployment claims last week, reflecting a larger swath of the country now under shutdown.
6y agoSPG JCP M KSS+11Largest US mall owner, Simon Property, furloughs 30% of workforce, adding to avalanche of coronavirus-related retail layoffsCNBCThe biggest U.S. mall owner, Simon Property Group, has furloughed about 30% of its workforce as the company copes with all of its properties being temporarily shut because of the coronavirus pandemic.
6y agoASNAASCENA RETAIL GROUP PROVIDES ADDITIONAL BUSINESS UPDATE ON COVID-19GlobeNewswireMAHWAH, N.J., March 30, 2020 (GLOBE NEWSWIRE) -- ascena retail group, inc. (Nasdaq: ASNA) (“ascena” or the “Company”) today announced additional measures being taken to mitigate the financial impact...
6y agoASNAASCENA RETAIL GROUP PROVIDES A BUSINESS UPDATE ON COVID-19GlobeNewswireMAHWAH, N.J., March 17, 2020 (GLOBE NEWSWIRE) -- ascena retail group, inc. (Nasdaq: ASNA) (“ascena” or the “Company”) today provided a business update on COVID-19. Store Closures In response to...
6y agoASNAascena retail group Comments on S&P Global Ratings ReportGlobeNewswireMAHWAH, N.J., March 12, 2020 (GLOBE NEWSWIRE) -- ascena retail group, inc. (Nasdaq: ASNA) (“ascena” or the “Company”) today issued the following statement in response to the recent report from...
6y agoASNAAscena Retail Group, Inc.'s (ASNA) CEO Gary Muto on Q2 2020 Results - Earnings Call TranscriptEarnings Call Transcripts
6y agoASNAascena retail group, inc. Announces Second Quarter Fiscal 2020 Results; Loss Per Share Includes Non-Cash Impairment Charges; Exceeds Guidance on Adjusted Operating IncomeGlobeNewswireMAHWAH, N.J., March 09, 2020 (GLOBE NEWSWIRE) -- ascena retail group, inc. (Nasdaq - ASNA) (“ascena” or the “Company”) today reported financial results for its fiscal second quarter ended...
6y agoASNAascena retail group, inc. Announces Fiscal 2020 Second Quarter Financial Results Conference Call on Monday, March 9, 2020GlobeNewswireMAHWAH, N.J., March 02, 2020 (GLOBE NEWSWIRE) -- ascena retail group, inc. (Nasdaq - ASNA) (the “Company” or “ascena”) today announces the release of its Fiscal 2020 second quarter financial results...
6y agoASNALane Bryant Announces New Beauticurve X Lane Bryant CollectionPR NewswireLane Bryant is thrilled to announce the Brand has co-designed a second collection with fashion and lifestyle influencer Rochelle Johnson, the...
6y agoASNALOFT Celebrates National LOFTimist Day on February 20, 2020GlobeNewswireNEW YORK, Feb. 20, 2020 (GLOBE NEWSWIRE) -- LOFT announced today as National LOFTimist Day, marking the apex of its campaign to highlight those who tap into the spirit of positivity and joy to make...
6y agoASNAascena retail group Announces Dressbarn Wind Down Successfully CompletedGlobeNewswireMAHWAH, N.J., Feb. 19, 2020 (GLOBE NEWSWIRE) -- ascena retail group, inc. (Nasdaq: ASNA) (“ascena” or the “Company”) today announced that the Dressbarn brand has completed the orderly wind down of...
6y agoASNAascena retail group Regains Share Price Compliance With Nasdaq Minimum Bid Price RuleGlobeNewswireMAHWAH, N.J., Jan. 07, 2020 (GLOBE NEWSWIRE) -- ascena retail group, inc. (Nasdaq: ASNA) (“ascena” or the “Company”) today announced that the Company received written notice from The Nasdaq Stock...
6y agoASNAAscena Retail Group, Inc. Announces One-for-Twenty Reverse Stock SplitGlobeNewswireMAHWAH, N.J., Dec. 19, 2019 (GLOBE NEWSWIRE) -- ascena retail group, inc. (Nasdaq:ASNA) (the “Company”) today announced that the Company’s board of directors has approved a reverse stock split of...
6y agoASNAascena retail group, inc. Announces First Quarter Fiscal 2020 Results; Reports Income per Share From Continuing Operations of $0.16; Adjusted Income per Share From Continuing Operations of $0.18GlobeNewswireMAHWAH, N.J., Dec. 09, 2019 (GLOBE NEWSWIRE) -- ascena retail group, inc. (Nasdaq - ASNA) (“ascena” or the “Company”) today reported financial results for its fiscal first quarter ended November 2,...
6y agoASNAascena retail group, inc. Announces Fiscal 2020 First Quarter Financial Results Conference Call on Monday, December 9, 2019GlobeNewswireMAHWAH, N.J., Dec. 02, 2019 (GLOBE NEWSWIRE) -- ascena retail group, inc. (Nasdaq - ASNA) (the “company” or “ascena”) today announces the release of its Fiscal 2020 first quarter financial results...
6y agoASNAascena retail group Raised $6.2 Million for the Breast Cancer Research FoundationGlobeNewswireMAHWAH, N.J., Nov. 22, 2019 (GLOBE NEWSWIRE) -- ascena retail group, inc. (Nasdaq: ASNA) announced today that through its retail brands, it has raised a total of $6.2 million for the Breast Cancer...
7y agoASNAascena retail group Announces Leadership AppointmentsGlobeNewswireJustin MacFarlane Named Chief Customer Officer Marisa Baldwin Promoted to Chief Human Resources Officer MAHWAH, N.J., Nov. 13, 2019 (GLOBE NEWSWIRE) -- ascena retail group, inc. (Nasdaq: ASNA)...
7y agoASNAAnn Taylor and LOFT Launch 13th Annual St. Jude Thanks and Giving® Campaign for the Holiday SeasonGlobeNewswireNEW YORK, Nov. 13, 2019 (GLOBE NEWSWIRE) -- Ann Taylor and LOFT, part of ascena retail group, inc. collective of retail brands, announced their continued support of St. Jude Children’s Research...
7y agoASNADressbarn Commences Final Stage of Wind DownGlobeNewswireStore closing sales at all remaining brick and mortar stores begin Friday, November 1, 2019 Intellectual Property Assets of Dressbarn sold and transition of ecommerce business is underway ...
7y agoASNACelebrating Everyday Heroes: ascena Foundation Announces Winners of the 2019 Roslyn S. Jaffe AwardsPR Newswireascena Foundation is proud to announce the 2019 winners of the Roslyn S. Jaffe Awards. The program, now proudly in its sixth year, aims to bolster...
7y agoASNAAscena Retail Group, Inc. (ASNA) CEO Gary Muto on Q4 2019 Results - Earnings Call TranscriptEarnings Call Transcripts
7y agoASNAascena retail group Announces Reduction in the Size of the BoardBusiness WireMAHWAH, N.J.--(BUSINESS WIRE)--ascena retail group, inc. (Nasdaq: ASNA) (“ascena” or the “Company”) announced the resignation of two of its board members, Steven Kirshenbaum and Marc Lasry, effective June 30, 2019. The Board has approved a reduction in the size of the Board from 12 to 10 directors, effective as of that date.
7y agoASNAAscena Retail Group's (ASNA) CEO Gary Muto on Q3 2019 Results - Earnings Call TranscriptEarnings Call Transcripts
8y agoASNAAscena Retail Group, Inc. (ASNA) CEO David Jaffe on Q3 2018 Results - Earnings Call TranscriptEarnings Call Transcripts
8y agoASNAAscena Retail's (ASNA) CEO David Jaffe on Q1 2018 Results - Earnings Call TranscriptEarnings Call Transcripts
9y agoEXPR AEO ANF ASNAQ+1Regretting That Ann Taylor Purchase?BloombergFor retailer Ascena, acquiring the brand hasn't fixed its problems as much as it's added to them.
10y agoASNAAscena Retail Group's (ASNA) CEO David Jaffe on Q2 2016 Results - Earnings Call TranscriptEarnings Call Transcripts
10y agoASNAAscena Retail Group (ASNA) Q2 2016 Results - Earnings Call WebcastEarnings Call Transcripts
11y agoANN ASNAANN SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of ANN, Inc. (ANN) Over the Fairness of the Proposed Sale of the Company to Ascena Retail Group Inc. (ASNA)Business WireNEW YORK--(BUSINESS WIRE)--Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of ANN, Inc. (“ANN” or the “Company”) (NYSE:ANN) for potential breaches of fiduciary duties in connection with the sale of the Company to Ascena Retail Group Inc. (NasdaqGS: ASNA) for approximately $2.16 billion ...
11y agoANN ASNASHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of ANN, Inc. Over the Proposed Sale of the Company to Ascena Retail Group Inc.Business WireNEW YORK--(BUSINESS WIRE)--Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of ANN, Inc. (“ANN” or the “Company”) (NYSE: ANN) for potential breaches of fiduciary duties in connection with the sale of the Company to Ascena Retail Group Inc. (NasdaqGS: ASNA) for approximately $2.16 billio ...
14y agoASNA CHRSAscena Retail Group, Inc. Successfully Completes Tender Offer for Shares of Charming Shoppes, Inc.Business WireSUFFERN, N.Y.--(BUSINESS WIRE)--Ascena Retail Group, Inc. (NASDAQ: ASNA) and Charming Shoppes, Inc. (NASDAQ: CHRS) today jointly announced that Ascena has successfully completed its tender offer for the outstanding shares of common stock of Charming. The depositary for the offer has advised Ascena that, as of the expiration of the offer at 12:00 midnight, New York City time, on Tuesday, June 12, 2 ...
14y agoCHRS ASNAFaruqi & Faruqi, LLP Announces Investigation Regarding the Acquisition of Charming Shoppes Inc.Business WireNEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Charming Shoppes Inc. (“Charming Shoppes” or the “Company”) (NASDAQ: CHRS) for potential breaches of fiduciary duties in connection with their duty to disclose material information in the Solicitation/Recommendation Statement Schedule 14D-9 ...