Destination Maternity
According to RetailDrive, Destination Maternity has a large presence in the industry of maternity apparel, which makes sense with the thousand stores it has. The CEO left the previous year when the gross sales decline reached 7 percent. When it was on the second interim CEO, it sought the guidance of the Berkeley Research Group, who said the problems were caused by the broken relationship with Kohls. In 2017, the year over year sales experienced a sales decline of $406.2 million, which is 6 percent.
Destination Maternity
Ascena Retail
Ascena Retail is the company behind retail lines such as Dress Barn, LOFT, Lou & Grey, and Ann Taylor. RetailDive reported that not much even though it found a new person to take over Dress Barn. In an attempt to keep the brand afloat, the company shuttered a quarter of the stores by 2019. According to the same source, Ascena expected sales worth $1.7 billion during the 2017 fiscal year. Sadly, the top-line sales only went down year over year. However, the financial services company Moody’s reported that Ascena “is on a path to developing a strong ‘backbone’ of retail capabilities.”
Ascena Retail