DressBarn
Dressbarn.com (branded as dressbarn) is an online retailer owned by Retail Ecommerce Ventures that was linked to a former chain of women's clothing stores owned by Ascena that operated from 1962 until 2019. Since 2020 it is owned by Miami, Florida based .
 | |
| Type | Subsidiary |
|---|---|
| Industry | Retail (Women's clothing) |
| Founded | February 13, 1962 (original, Stamford, Connecticut) January 1, 2020 (online revival) |
| Founder | Roslyn Jaffe |
Number of locations | 650 before closure (2019)[1] |
Key people | Shayan Zadeh, CEO Alex Mehr Tai Lopez |
| Products | Women's clothing products (district stores for young women and older women) |
| Owner | Retail ECommerce Ventures |
| Parent | Ascena Retail Group (2011-2019) |
| Website | dressbarn |
The first Dressbarn opened in February 1962 in Stamford, Connecticut, by Roslyn Jaffe. Jaffe saw the opportunity to provide wear-to-work dresses and clothing for the working woman during a time when women were entering the workforce in greater numbers.[2]
The company began trading on NASDAQ (symbol DBRN) in 1982. In January 2011, to reflect its broader holdings, the company was reorganized as a Delaware corporation named Ascena Retail Group, Inc. The company's NASDAQ symbol also changed to ASNA in 2011.[3]
On May 21, 2019, Ascena Retail Group announced that all 650 DressBarn Stores would be closing, which they did on December 26.[4] Eventually, Dressbarn brand was sold by Ascena to Tai Lopez and his business partner, Alex Mehr (via newly established Retail Ecommerce Ventures), and the site was relaunched in 2020.[5][6]
References[]
- ^ "Dressbarn is going out of business, will shut down all 650 stores". www.today.com.
- ^ "Dressbarn, Women's Clothing Chain, To Close All Stores". NPR.org. Retrieved 2019-05-21.
- ^ "Ascena Retail Group Inc". The New York Times. 2012-05-02. ISSN 0362-4331. Retrieved 2019-05-21.
- ^ Taylor, Derrick Bryson (21 May 2019). "Dressbarn Closing All 650 Stores" – via NYTimes.com.
- ^ "dressbarn: We are so excited to announce that under new ownership, dressbarn.com will continue to be open for business. Although all Dressbarn stores are winding down, we are so grateful for the opportunity to keep connecting with you and offering you great style throughout our new online adventure. Stay tuned for more!". Facebook. Retrieved 2019-11-24.
- ^ Fickenscher, Lisa (2020-02-27). "LA tech investor eyeing Blue Apron purchase" – via https://nypost.com/.
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