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- Dressbarn was acquired by the private equity firm Retail Ecommerce Ventures. In March 2023, Retail Ecommerce Ventures announced that it would be exploring options in effort to save themselves, including a potential Chapter 11 bankruptcy filing. They have also hired restructuring lawyers in effort to stave off bankruptcy.
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3 days ago · Dressbarn has begun the final stages of its planned wind down, but the brand is not disappearing completely. Parent company Ascena Retail Group said that store-closing sales at all of Dressbarn’s remaining 544 locations will start on Friday, Nov. 1.
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Jun 4, 2019 · Dressbarn is closing after over 50 years in business. The fashion chain announced the news in a letter and in a press release.
Apr 11, 2021 · Dressbarn's new owners had to figure out how to convert longtime customers to online shoppers, while making the brand relevant to a younger demographic.
- Joan Verdon
May 21, 2019 · Dressbarn, which has been a household name since its inception in 1962, announced it will be closing all 650 of its stores as its parent company, Ascena Retail Group, plans to focus on...
- Kaitlyn Frey
- 2 min
May 20, 2019 · Dressbarn is issuing a separate press release today, the company said in a statement. Dressbarn’s closing is another significant step taken to advance Ascena’s ongoing transformation.
- David Moin
Sep 15, 2020 · Last year, Dressbarn, a women’s retailer founded in 1962, went bankrupt, closing hundreds of stores and going dark. But the company was purchased by Retail E-commerce Ventures and has found new life in the last six months, reinventing itself as an online-only retailer under new management.
Nov 1, 2019 · Dressbarn, a women’s clothing and accessory retailer that has been winding down its physical retail locations, and its new owners plan to relaunch the brand as ecommerce site early next year....