Ascena Receives Court Approval To Sell Ann Taylor Brand, Other Labels
PYMNTS
DECEMBER 10, 2020
Ascena ran 1,500 stores across the United States toward the end of August. filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of Virginia. The arrangement would keep the company as a going concern with a minimum of 900 retail locations, the newspaper reported.
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