Dress Barn changes its name to Ascena Retail Group
New York City -- Dress Barn on Monday announced it has been renamed Ascena Retail Group Inc. and will trade on the Nasdaq Global Select Market under the ticker ASNA.
The company said it had reorganized under the new holding company, but was not making changes to operations, directors or officers. The names of its three specialty chains -- Dressbarn, Maurices and Justice, also are unchanged.
“In recent years, we’ve become a fundamentally different company that extends well beyond the original Dressbarn concept and brand,” CEO David Jaffe stated. “We have become a family of retail brands, each serving a unique customer niche, each essential to our combined success.”