AP NEWS

ascena retail group Appoints Presidents of LOFT, Ann Taylor and Lou & Grey

August 3, 2018

MAHWAH, N.J.--(BUSINESS WIRE)--Aug 3, 2018--ascena retail group, inc. (NASDAQ:ASNA), announced the appointment of two presidents in the Premium fashion segment.

Andrew Clarke has been named, President of the LOFT brand.

Since 2017, Andrew held the role of Executive Vice President, Chief Merchandising Officer at ascena’s Justice brand. During his tenure, he led critical initiatives that have allowed the brand to increase their speed to market and react faster to the customer’s needs. Prior to his time at Justice, Mr. Clarke held the role of President of Kmart Apparel for Sears Holdings Corporation. Mr. Clarke began his career at Marks and Spencer PLC and also served as Chief Product Officer at France-based Pimkie, a 750 store women’s fast fashion chain, trading in 28 countries worldwide. He brings over 20 years of retail experience to this role.

Julie Rosen has been named President of the Ann Taylor and Lou & Grey brands.

Since 2016, Julie held the role of Senior Vice President, General Merchandise Manager at ascena’s Ann Taylor brand. In early 2018, her role was expanded to include the Lou & Grey brand. Julie has successfully cultivated a clear strategic vision bringing elevated product assortments and a customer centric focus across all channels of the business. Ms. Rosen started her career at GAP Inc. at Banana Republic and was named Vice President of Women’s Merchandising in 2000 and Senior Vice President in 2001. In 2007, Ms. Rosen founded Julie B. Rosen Consulting working with several retailers including Nike, Theory, and Chrome Hearts. She rejoined GAP Inc. as Senior Vice President of Merchandising for Banana Republic in 2009.

Gary Muto, President and Chief Executive Officer of ascena Brands commented, “Julie and Andrew are strong leaders, who are committed to both their customer and teams, and I am confident that they will serve these amazing brands well. I’m pleased that we were able to draw from the deep talent bench within ascena to fill these critical customer-facing roles, and look forward to working with Julie, Andrew, and the rest of the ascena Brands leadership team to drive sustainable product-led growth.”

About ascena retail group, inc.

ascena retail group, inc. (NASDAQ: ASNA) is a leading national specialty retailer offering apparel, shoes, and accessories for women under the Premium Fashion segment (Ann Taylor, LOFT, and Lou & Grey), Value Fashion segment (maurices and dressbarn), Plus Fashion segment (Lane Bryant, Catherines and Cacique), and for tween girls under the Kids Fashion segment (Justice). ascena retail group, inc. operates ecommerce websites and approximately 4,700 stores throughout the United States, Canada and Puerto Rico.

For more information about ascena retail group, inc. visit:  ascenaretail.comAnnTaylor.comLOFT.com, maurices.comdressbarn.comlanebryant.comCatherines.com, and  shopjustice.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180803005249/en/

CONTACT: For investors:

ICR, Inc.

Jean Fontana, 646-277-1214

Managing Director

Jean.fontana@icrinc.com

or

For media:

ascena retail group,

Sue Ross, 218-491-2110

Corporate Affairs

sue.ross@ascenaretail.com

KEYWORD: UNITED STATES NORTH AMERICA NEW JERSEY

INDUSTRY KEYWORD: DEPARTMENT STORES RETAIL FASHION SPECIALTY

SOURCE: ascena retail group, inc.

Copyright Business Wire 2018.

PUB: 08/03/2018 09:00 AM/DISC: 08/03/2018 09:01 AM

http://www.businesswire.com/news/home/20180803005249/en

AP RADIO
Update hourly