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Bankrupt Ascena Finds Buyer for Justice Brand

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Ascena Retail Group Inc. has found a buyer for its Justice brand, selecting Premier Brands Justice as the stalking horse bidder for the sale of the assets in a bankruptcy court auction. The auction will subject the proposed deal to better offers. Ascena said it “expects a decision about the remaining Justice retail locations to…

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