ASCENA RETAIL GROUP, INC. (NASDAQ:ASNA) Files An 8-K Other Events
Item 8.01 Other Events.
On December 8, 2016, the Board of Directors (the Board) of Ascena
Retail Group, Inc. (the Company) announced at the Companys 2016
Annual Meeting of Stockholders held on Thursday, December 8,
2016, the appointment of David Jaffe as Chairman of the Board.
Mr. Jaffe also serves as the Companys President and Chief
Executive Officer. Mr. Jaffe succeeds Company Co-Founder Elliot
S. Jaffe, who retired as Non-Executive Chairman of the Board at
the end of the 2016 Annual Meeting of Stockholders.
The Board also announced the honorary title of Chairman Emeritus
to Elliot Jaffe in recognition of his many years of service to
the Company. A copy of the press release announcing the
appointment is attached hereto as Exhibit 99.1 and is
incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
|99.1||Press Release dated December 9, 2016.|
About ASCENA RETAIL GROUP, INC. (NASDAQ:ASNA)
Ascena Retail Group, Inc. is a specialty retailer of apparel for women and tween girls. The Company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. The ANN segment offers feminine classics and fashion choices, sold primarily under the Ann Taylor and LOFT brands. The Justice segment offers apparel to girls who are aged 6 to 12. The Lane Bryant segment offers apparel to female customers in plus-sizes 14-28. The maurices segment offers women’s casual clothing, career wear, dressy apparel, active wear and accessories. The dressbarn segment consists of the specialty retail, outlet and e-commerce operations of the dressbarn brand. The Catherines segment offers classic apparel and accessories to female customers for wear-to-work and casual lifestyles. As of July 30, 2016, the Company operated approximately 4,900 stores in 49 United States’ states, the District of Columbia, Canada and Puerto Rico. ASCENA RETAIL GROUP, INC. (NASDAQ:ASNA) Recent Trading Information
ASCENA RETAIL GROUP, INC. (NASDAQ:ASNA) closed its last trading session down -0.40 at 7.64 with 4,801,033 shares trading hands.