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Maurices, Dressbarn: What Could Ascena Sell Next?

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

So far the sale of value-chain Maurices is a “credit positive” for Ascena Retail Group Inc., but whether Ascena can get any other deals done remains unclear. Raya Sokolyanski, credit analyst for ratings firm Moody’s Investors Service, said the Maurices sale is a credit positive because it “results in a better quality core portfolio and…

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