Ascena Retail Group

Ascena Retail Group, Inc., is an American retailer of women's clothing. Ascena also owns Lane Bryant clothing store brand, and is the parent company of Ann Inc., operator of Ann Taylor and Loft stores.

Ascena Retail Group, Inc.
Company typePrivate
IndustryRetail (women's clothing)
PredecessorDressbarn
FoundedStamford, Connecticut, United States (February 13, 1962)
FoundersRoslyn Jaffe, Elliot Jaffe
HeadquartersMahwah, New Jersey, United States
Number of locations
2,764 (Feb. 2020)
Area served
United States, Canada, Puerto Rico, Mexico
Key people
Lizanne Kindler (CEO)
ProductsWomen's clothing products (district stores for young women and older women)
Revenue US$5.493 billion (2019)
US$-782 million (2019)
US$-661 million (2019)
Total assets US$ 2.7 billion (2019)
Total equity US$ 151 million (2019)
Number of employees
53,000 (Aug. 2019)
ParentSycamore Partners
SubsidiariesAnn Taylor
Cacique
Catherines
Lane Bryant
Lou & Grey
LOFT
Justice
Websitewww.ascena.com

Chairman Emeritus Elliot Jaffe and his wife and co-founder, Roslyn, own about 25% of Ascena.

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