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CORRECTING and REPLACING ascena retail group, inc. Celebrates International Women’s Day

MAHWAH, N.J.--(BUSINESS WIRE)--Mar. 8, 2018-- Please replace the release with the following corrected version due to multiple revisions.

The corrected release reads:

ASCENA RETAIL GROUP, INC. CELEBRATES INTERNATIONAL WOMEN’S DAY

Today, ascena retail group, inc. (NASDAQ:ASNA) celebrates International Women’s Day by hosting events across their brands and in their communities, both locally and globally.

“As a company in service of women and girls, International Women’s Day is an important way for us to reflect on the economic, cultural and political achievements of women,” said Gary Muto, President and Chief Executive Officer of ascena Brands. “Across each of our campuses, our focus is on giving back and celebrating the women who take bold action to lead positive and transformative change.”

Across their US home office locations in New York, New Jersey, Minnesota and Ohio, ascena associates are participating in events and providing donations to women-based organizations. Additionally, the company is highlighting some of their philanthropic efforts designed to support women who are making a difference (www.jaffeawards.com, herlead.vitalvoices.org).

“Our heritage is deeply rooted in the support and service of women. I’m proud of our accomplishments and commitments including the class-leading gender diversity of our Board of Directors as well as the fact that women hold nearly two-thirds of our leadership roles,” said David Jaffe, Chairman and Chief Executive Officer of the ascena Retail Group.

ascena’s commitment extends globally, as well. In 2014, the Ann Taylor, LOFT and Lou & Grey brands collaborated with BSR (Business for Social Responsibility) and its HERproject to impact 100,000 women in their global supply chain by providing health and financial literacy training. “We are so proud to have both met and exceeded our goal, and are now celebrating the over 100,000 women across six countries who have been empowered through this partnership,” said Jeannette Ferran Astorga, Vice President of ascena Corporate Responsibility. As a result, over 76% of these brands’ apparel have been sourced through manufacturing facilities where women have received training based on the HERproject curriculum.

The impact of the 100,000 Women Commitment extends into ascena’s policies and business practices. Earlier this week, ascena released its new Code of Conduct for Merchandise Suppliers. Through the learnings of this project, and aligned with the UN’s Sustainable Development Goal 5, ascena found ways to advance its Code through a gender lens, ensuring that the specific challenges and obstacles that women workers face are incorporated into their expectations of suppliers. ascena is committed to working with its suppliers to empower women workers, enabling them to thrive in the workplace and reach their full potential.

“We have learned a lot from these inspiring women. They drive enormous positive change by sharing their knowledge and skills with others, and that produces a ripple effect of progressive change in the global communities where our products are manufactured,” Ms. Ferran Astorga commented.

To learn more about the 100K Women and view a related video, please visit the site http://responsiblyann.com/women/

About ascena retail group, inc. ascena retail group, inc. (NASDAQ: ASNA) is a leading national specialty retailer offering apparel, shoes, and accessories for women under the Premium Fashion segment (Ann Taylor, LOFT, and Lou & Grey), Value Fashion segment (maurices and dressbarn), Plus Fashion segment (Lane Bryant, Catherines and Cacique), and for tween girls under the Kids Fashion segment (Justice). ascena retail group, inc. operates ecommerce websites and approximately 4,700 stores throughout the United States, Canada and Puerto Rico.

For more information about ascena retail group, inc. visit: ascenaretail.com, AnnTaylor.com, LOFT.com, louandgrey.com, maurices.com, dressbarn.com, lanebryant.com, Catherines.com, and shopjustice.com.

Source: ascena retail group, inc.

For investors:
ICR, Inc.
James Palczynski, 203-682-8229
Partner
JP@icrinc.com
or
For media:
ascena retail group, inc.
Sue Ross, 218-491-2110
Corporate Affairs
sue.ross@ascenaretail.com