ascena retail group Completes Sale of maurices
--Latest Move in the Company’s Ongoing Transformation--
The announcement follows the
About ascena retail group, inc.
For more information about ascena retail group, inc. visit: ascenaretail.com, AnnTaylor.com, factory.anntaylor.com, LOFT.com, outlet.loft.com, louandgrey.com, maurices.com, dressbarn.com, lanebryant.com, Catherines.com, and shopjustice.com.
OpCapita is a sector-focused private equity firm that specializes in
transforming operationally underperforming businesses in the retail,
consumer and leisure sectors. Their most relevant transaction in the
retail space involves NKD, a value clothing retailer with approximately
1,800 small format stores in secondary and tertiary cities, primarily in
Certain statements made within this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially. Forward-looking statements are statements related to future, not past, events, and often contain words such as “expect,” "anticipate," "intend," "plan," "believe," "seek," "see," "will," "would," “estimate,” “forecast,” "target," “preliminary,” or range.” The Company does not undertake to publicly update or review its forward-looking statements even if experience or future changes make it clear that our projected results expressed or implied will not be achieved. Detailed information concerning a number of factors that could cause actual results to differ materially from the information contained herein is readily available in the Company’s most recent Annual Report on Form 10-K.
Source: ascena retail group, inc.
Senior Vice President
ascena retail group, inc.