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Ascena Retail Group’s Exploring Opportunities, But What?

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Ascena Retail Group Inc. posted disappointing second-quarter earnings results and the company is exploring opportunities within its portfolio that’ll let it focus on its better-performing brands. In a Nutshell: David Jaffe, Ascena’s chairman and chief executive officer, wasn’t happy with the quarter’s results, which included a wider loss and a profit shortfall for the third…

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