Home / Knowledge / News / Apparel/Garments / Comparable sales up at Dress Barn
Comparable sales up at Dress Barn
05
Feb '10
Dress Barn, Inc. reported its second quarter sales results.

Net sales for the thirteen-week fiscal quarter ended January 23, 2010 increased 73.1% to $594.1 million, compared to $343.2 million reported for the thirteen weeks ended January 24, 2009. The increase is primarily due to the inclusion of Justice sales since the merger on November 25, 2009 and increased comparable store sales at dressbarn and maurices. Consolidated comparable store sales increased 10% and 8% for the fiscal quarter and six months ended January 23, 2010, respectively.

David R. Jaffe, President and Chief Executive Officer commented, "We were very pleased with the stronger than expected sales performance at each of our divisions during the quarter. Our commitment of offering fashion apparel at value prices continues to resonate with our customers. We are also pleased with our recent successful redemption of all outstanding 2.50% Convertible Senior Notes. This has further strengthened our balance sheet by eliminating $112.5 million of debt and reduced our interest expense. We continue to be committed to a comprehensive strategy of improving our business and flowing value to our shareholders."

Dress Barn, Inc. is a leading national specialty apparel retailer offering quality casual and career women's fashion apparel at value prices through its dressbarn and maurices brands and tween girls' fashion apparel through its Justice brand. As of January 23, 2010, the Company operated 837 dressbarn stores in 47 states, 739 maurices stores in 44 states and 906 Justice stores in 45 states and Puerto Rico.

Dress Barn Inc


Must ReadView All

Courtesy: Kai Pilger from Pexels

Apparel/Garments | On 26th Apr 2018

FOBAP in the Philippines trying for garments sector revival

The Foreign Buyers Association of the Philippines (FOBAP), a body...

German investors keen to invest in Pakistan: top official

Textiles | On 26th Apr 2018

German investors keen to invest in Pakistan: top official

A German traders delegation will soon visit Pakistan to explore...

Courtesy: Uster

Textiles | On 26th Apr 2018

Uster Technologies acquires Elbit Vision Systems

Uster Technologies has announced the successful closure of the...

Interviews View All

Top executives
Fashion houses, India

With technology, it has become easier to ensure IPR

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search