Maurices news and archive

Maurices names new CEO as George Goldfarb steps down

US womenswear chain Maurices has announced the appointment of David Kornberg as its new president and CEO as longtime chief George Goldfarb steps down from the role. “I am very excited to join the Maurices team,” said Kornberg, who will start his new position on March 15. “I believe Maurices has a great business model, a talented management team...

Business |ANALYSIS

Analysts see Dressbarn closures as a key step for a positive future for Ascena Retail

New York - Ascena Retail Group (NASDAQ:ASNA) announced in late May its plans to sunset its Dressbarn, closing all its stores. The announcement followed months of speculation regarding a potential sale of the business. Is worth recalling that Ascena Retail Group has struggled for several years, accumulating a total debt that surpasses 1 billion...