Destination Maternity
Destination Maternity is one of the biggest presences in the industry of maternity apparel. It has over a thousand stores, although the CEO left last year when the sales declined by more than 7 percent. They sought help from Berkeley Research Group, who speculates that the misfortunate is the result of ending the partnership it had with Kohl. In 2017, sales declined by 6.4 percent. It seems like the future of the line lies in e-commerce as this part saw a 40 percent increase despite everything.
Destination Maternity
Ascena Retail
Ascena Retail is the parent company of Ann Taylor, LOFT, Dress Barn, and Lou & Grey. Hiring a new chief did not do much for Dress Barn, however. In an attempt to keep things afloat, it will close 25 percent of its stores by 2019. Ascena expected to see sales of $1.7 billion in 2017, but the top-line sales only dropped. Financial services business Moody’s later said Ascena “is on a path to developing a strong ‘backbone’ of retail capabilities.”
Ascena Retail
