Content about Destination Maternity Corp.

March 28, 2013
Destination Maternity superstore format in Canadian debut

Destination Maternity Corp. opened the first Destination Maternity superstore location in Canada.

Philadelphia -- Destination Maternity Corp. on Thursday opened the first Destination Maternity superstore location in Canada. The 5,000-sq.-ft. store is in Langley, a suburb of Vancouver, B.C.

January 10, 2013
Destination Maternity opens first Canada location

Destination Maternity Corp. said it is opening its first Destination Maternity store in Canada on Thursday in Calgary, Alberta, at the Kingsland Village retail development.

Philadelphia -- Destination Maternity Corp. said it is opening its first Destination Maternity store in Canada on Thursday in Calgary, Alberta, at the Kingsland Village retail development.

The store will debut its A Pea in the Pod brand in Canada.

January 8, 2013
Destination Maternity revenue dips in Q1

Destination Maternity Corp. reported that revenue for the first quarter edged down to $135.3 million, from $136.4 million in the year-ago period.

Philadelphia -- Destination Maternity Corp. reported Tuesday that revenue for the first quarter edged down to $135.3 million, from $136.4 million in the year-ago period. The results fell within internal expectations of $132.5 million to $136.5 million.

Same-store sales rose 1.9%.

The maternity apparel retailer said the decline in total revenue was due in large part to sales declines related to closing underperforming stores.

 

November 1, 2012
Destination Maternity announces new credit facility

Destination Maternity Corp. announced that it has entered into a new $61 million revolving credit facility with Wells Fargo Bank, N.A.

Philadelphia -- Destination Maternity Corp. announced that it has entered into a new $61 million revolving credit facility with Wells Fargo Bank, N.A.

The new credit facility replaces the retailer's $55 million revolving credit facility with Bank of America, N.A., which was due to mature on January 13, 2013.

 

September 12, 2011
Destination Maternity opens in South Korea

Destination Maternity Corp. announced the opening of two namesake stores and two shop-in-shops in South Korea.

Philadelphia -- Destination Maternity Corp. announced the opening of two namesake stores and two shop-in-shops in South Korea.

The freestanding locations, in the cities of Koyang and DaeJeon, are the chain’s first stores in South Korea and were opened by partner Agabang & Co.

April 27, 2011
Destination Maternity names president

Destination Maternity Corp. announced the hiring of Chris Daniel as its president, effective June 1.

Philadelphia -- Destination Maternity Corp. announced the hiring of Chris Daniel as its president, effective June 1.

Daniel will report directly to Ed Krell, CEO, and will have responsibility for all merchandising, design, marketing, visual, sourcing and branding functions of the company. In connection with the hiring of Daniel, Krell, who held the additional title of president on a temporary basis since the departure of the company's former president, will relinquish that title.

March 16, 2011
Destination Maternity opens 10th store in the Middle East

Destination Maternity Corp. said Wednesday that it has opened a 10th Destination Maternity store in the Middle East, this one located in Discovery Center, in Kuwait.

Philadelphia -- Destination Maternity Corp. said Wednesday that it has opened a 10th Destination Maternity store in the Middle East, this one located in Discovery Center, in Kuwait.

December 8, 2008
Mothers Work Changes Name to Destination Maternity

Mothers Work Inc., effective at the end of trading Monday, changed its corporate name to...