Suffern, NY—Ascena Retail Group, parent to dressbarn, Lane Bryant, Catherines and other specialty stores, reported Monday that its second quarter profit was lower due to increased promotions and markdowns during holiday even though sales were up thanks to it recent acquisitions. For the quarter ended Jan. 20, Ascena posted net income of $47.2 million or [...]
Suffern, NY—Ascena Retail Group, parent to dressbarn, Lane Bryant, Catherines and other specialty stores, reported Monday that its second quarter profit was lower due to increased promotions and markdowns during holiday even though sales were up thanks to it recent acquisitions. For the quarter ended Jan. 20, Ascena posted net income of $47.2 million or [...]
