Dressbarn news and archive

Ralph & Russo bought out of administration by Dressbarn owner

US investment firm Retail Ecommerce Ventures (REV) has reportedly bought British couture brand Ralph & Russo out of administration. REV, which is a vehicle set up by entrepreneurs Tai Lopez and Alex Mehr, agreed to buy Ralph & Russo late on Wednesday, around three months after it fell into administration, Sky News reports. An announcement about...

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Business

Dressbarn launches in-person returns despite ecommerce-only strategy

Dressbarn has unveiled a new solution in partnership with end-to-end returns provider Happy Returns to allow customers to make in-person returns on orders purchased from its ecommerce site. “Happy Returns is a natural fit for our ecommerce-first strategy,” Dressbarn's CEO, Shayan Zadeh, said in a statement. “Having enjoyed our physical stores...

Retail

Dressbarn will relaunch e-commerce in 2020 after closing all stores this year

Ascena Retail Group's Dressbarn brand will commence its liquidation process this week. The company announced in May that it decided to wind down the brand's operations to focus on other, more profitable labels. There are currently 544 Dressbarn stores in operation across the U.S. Store-closing sales will begin on Friday, November 1, with the...

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Business

These are the companies downsizing or filing for bankruptcy in 2019

These are hard times for brick and mortar retail. While consumers still like to shop in brick and mortar stores, many retailers have been struggling to stay afloat due to dropping footfall in shopping malls and competition with online retailers. Here’s a recap of the fashion businesses which announced downsizing plans or filed for bankruptcy...

People

Erin Stern named President of Dressbarn

Ascena Retail Group has announced that Erin Stern has been promoted to President of Dressbarn. “Erin brings extraordinary strategic, branding and merchandising capabilities that will complement our current leadership team,” said Gary Muto, President and Chief Executive Officer of Ascena Brands in a statement, adding, “I’ve known Erin from our...