Home >

The United States Women'S Clothing Chain Brand Dressbarn Will Close All 650 Stores.

2019/5/22 12:57:00 9880

Women'S ClothingBrandDressbarn

Beijing time 21 News, North America's largest women's clothing retailer Ascena Retail Group announced on Monday, will gradually close its parity women's clothing brand Dressbarn, close the United States about 650 stores, in order to focus on Ann Taylor and Loft and other profitable business.

Ascena said the move would strengthen its overall financial performance.

Steven Taylor, chief financial officer of the company, said: "this decision is possible but necessary. In today's retail environment, the Dressbarn chain brand has not reached an acceptable level of profitability." Steven Taylor

Dressbarn has a history of more than 50 years and is a household name in the United States.

But in recent years, it has been difficult to achieve growth in the face of fierce competition from Amazon and other discount providers such as TJX.

  • Related reading

Bangladesh Textile And Garment Industry To Strengthen Environmental Protection Technology

Global Perspective
|
2019/5/22 12:49:00
10693

The Government Of Italy Has Launched. "Made In Italy" Exclusive Label Helps Local Brands Protect Their Rights Globally.

Global Perspective
|
2019/5/22 12:48:00
11076

Vietnam Imported Cloth $4 Billion 100 Million In The First 4 Months Of 2019

Global Perspective
|
2019/5/16 22:36:00
7075

Nigeria Investigates Textiles Smuggling

Global Perspective
|
2019/5/14 19:54:00
11552

Pakistan'S Lassa Kay Is Famous For Its Textile Industry.

Global Perspective
|
2019/5/14 19:52:00
11144
Read the next article

Zhejiang Petrochemical 100 Billion Refining And Chemical Projects Put Into Operation A Number Of A Share Companies To Participate In

The first phase of the 40 million ton / year refining and chemical integration project of Zhejiang Petrochemical Company Limited (hereinafter referred to as "Zhejiang petrochemical") is in the first stage.