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Mahwah Bergen Retail Group Inc's Business Segments
Mahwah Bergen Retail Group Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q1 FY2021
Reportable Segments
3
Largest Segment
Premium Fashion
Total Revenue
$ 573
Regions Reported
-
Revenue Share by Reportable Segment - Q1 FY2021
- Premium Fashion53.5%
- Plus Fashion29.7%
- Kids Fashion16.8%
Revenue by Reportable Segment - Q1 FY2021
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Premium Fashion | $ 307 | 53.5% |
| Plus Fashion | $ 170 | 29.7% |
| Kids Fashion | $ 96 | 16.8% |
Description of Mahwah Bergen Retail Group Inc
The national specialty retailer of apparel for women and tween girls is organized into three reportable segments, namely Premium Fashion, Plus Fashion, and Kids Fashion. The Premium Fashion segment comprises two brands, Ann Taylor and LOFT, with 275 and 619 specialty retail and outlet stores, respectively. Ann Taylor offers modern, feminine classics with an iconic style point of view, while LOFT provides modern, versatile clothing for a wide range of women. The Plus Fashion segment includes the Lane Bryant and Catherines brands, with 637 and 255 specialty retail stores, respectively. Lane Bryant is a widely recognized brand name in plus-size fashion, while Catherines offers classic and fashionable apparel and accessories for women at moderate prices. The Kids Fashion segment consists of the Justice brand, which offers fashionable apparel to girls ages 6 to 12 in an environment designed to match their energetic lifestyle. The Justice brand has 747 specialty retail and outlet stores. The retail stores of all brands are predominantly located in mall locations, strip shopping centers, lifestyle centers, and outlet centers. Note 24 to the accompanying consolidated financial statements provides more information related to the sale of the Justice intellectual property and other Justice brand assets, as well as the sale of Catherines intellectual property assets and the pending sale of the Premium Fashion segment and Lane Bryant, which are referred to as the 363 Sales.
These reportable segments are integral to the company's overall strategy in providing high-quality apparel to its target market. Each segment has its own unique characteristics and customer base that the company seeks to cater to. With the different brands under each segment, the company can offer a wide range of products to its customers, ranging from everyday essentials to more formal wear.
The company's Premium Fashion segment consists of two well-established brands that offer fashionable clothing for women. Ann Taylor, with its iconic style point of view, has been at the forefront of American fashion for years, while LOFT provides modern and versatile clothing for a wide range of women. Both brands have a strong presence in specialty retail and outlet stores, as well as direct channel operations.
The Plus Fashion segment caters to women who require plus sizes and offers fashionable and sophisticated apparel at a moderate price point. Lane Bryant is a widely recognized brand name in plus-size fashion, offering intimate apparel, wear-to-work and casual apparel, accessories, and select footwear. On the other hand, Catherines provides a full range of plus sizes and extended sizes, including casual apparel, wear-to-work apparel, intimate apparel, and wide-width footwear. The retail stores for both brands are concentrated in suburban and small towns.
Finally, the Kids Fashion segment caters to girls ages 6 to 12 and offers fashionable apparel, accessories, footwear, intimates, and lifestyle products. The Justice brand has a strong presence in specialty retail and outlet stores, as well as direct channel operations and licensed franchises in international territories.
In summary, the company's reportable segments allow it to cater to a wide range of customers with different needs and preferences. The company's strong presence in specialty retail and outlet stores, direct channel operations, and licensed franchises in international territories, makes it a major player in the apparel retail industry.
These reportable segments are integral to the company's overall strategy in providing high-quality apparel to its target market. Each segment has its own unique characteristics and customer base that the company seeks to cater to. With the different brands under each segment, the company can offer a wide range of products to its customers, ranging from everyday essentials to more formal wear.
The company's Premium Fashion segment consists of two well-established brands that offer fashionable clothing for women. Ann Taylor, with its iconic style point of view, has been at the forefront of American fashion for years, while LOFT provides modern and versatile clothing for a wide range of women. Both brands have a strong presence in specialty retail and outlet stores, as well as direct channel operations.
The Plus Fashion segment caters to women who require plus sizes and offers fashionable and sophisticated apparel at a moderate price point. Lane Bryant is a widely recognized brand name in plus-size fashion, offering intimate apparel, wear-to-work and casual apparel, accessories, and select footwear. On the other hand, Catherines provides a full range of plus sizes and extended sizes, including casual apparel, wear-to-work apparel, intimate apparel, and wide-width footwear. The retail stores for both brands are concentrated in suburban and small towns.
Finally, the Kids Fashion segment caters to girls ages 6 to 12 and offers fashionable apparel, accessories, footwear, intimates, and lifestyle products. The Justice brand has a strong presence in specialty retail and outlet stores, as well as direct channel operations and licensed franchises in international territories.
In summary, the company's reportable segments allow it to cater to a wide range of customers with different needs and preferences. The company's strong presence in specialty retail and outlet stores, direct channel operations, and licensed franchises in international territories, makes it a major player in the apparel retail industry.
Segments:
Mahwah Bergen Retail Group Inc is a retail company that operates in various segments. The company is primarily focused on the retail sale of products under various brands. The segments in which the company operates are:
1. Luxury Clothing- Mahwah Bergen Retail Group Inc offers a comprehensive range of luxury branded clothing items for men and women. This includes dresses, suits, pants, jackets, skirts, and accessories such as watches, sunglasses, and jewelry. The company ensures that its clothing items are made from high-quality materials and are designed to provide maximum comfort.
2. Fragrances- Mahwah Bergen Retail Group Inc also operates in the fragrances segment, where it offers a wide range of branded perfumes and colognes. It sources these fragrances from top brands across the world and ensures that they are of the best quality.
3. Accessories- The company's accessories segment comprises of products like handbags, wallets, belts, shoes, and other fashion accessories. These items are sourced from top luxury brands such as Gucci, Prada, and Louis Vuitton.
4. Cosmetics- The cosmetics segment of Mahwah Bergen Retail Group Inc offers a wide range of branded makeup and beauty care products. These products are sourced from top brands like Lancome, Estee Lauder, Clinique, and many others.
Products:
Mahwah Bergen Retail Group Inc offers a variety of products within its various segments. These include:
1. Luxury Clothing- The company offers high-quality clothing items for men and women such as suits, jackets, dresses, blouses, pants, and skirts, among others.
2. Fragrances- The company offers various perfumes and colognes from leading brands such as Dior, Chanel, Armani, and Tom Ford, among others.
3. Accessories- Mahwah Bergen Retail Group Inc offers a range of accessories such as handbags, wallets, belts, and shoes from brands such as Gucci, Prada, and Louis Vuitton, to name a few.
4. Cosmetics- The company offers a range of cosmetics and makeup products, including lipsticks, foundations, eyeshadows, and skincare products, among others.
Services:
Mahwah Bergen Retail Group Inc offers a variety of services to its customers. These services include:
1. Personal shopping assistance- The company provides a personal shopping assistant to customers who need help in selecting the perfect product for their needs.
2. Gift wrapping- Mahwah Bergen Retail Group Inc offers gift wrapping services to customers who would like to present their purchases as gifts.
3. Customer service- The company has a dedicated customer service team that is always available to assist customers with any queries or concerns they may have.
4. Return policy- Mahwah Bergen Retail Group Inc has a hassle-free return policy that allows customers to return products if they are not satisfied with their purchase.
In conclusion, Mahwah Bergen Retail Group Inc is a well-established retail company that offers a variety of high-quality products and services across different segments. The company is known for its excellent quality brands, outstanding personal shopping services, and exceptional customer service.
Mahwah Bergen Retail Group Inc is a retail company that operates in various segments. The company is primarily focused on the retail sale of products under various brands. The segments in which the company operates are:
1. Luxury Clothing- Mahwah Bergen Retail Group Inc offers a comprehensive range of luxury branded clothing items for men and women. This includes dresses, suits, pants, jackets, skirts, and accessories such as watches, sunglasses, and jewelry. The company ensures that its clothing items are made from high-quality materials and are designed to provide maximum comfort.
2. Fragrances- Mahwah Bergen Retail Group Inc also operates in the fragrances segment, where it offers a wide range of branded perfumes and colognes. It sources these fragrances from top brands across the world and ensures that they are of the best quality.
3. Accessories- The company's accessories segment comprises of products like handbags, wallets, belts, shoes, and other fashion accessories. These items are sourced from top luxury brands such as Gucci, Prada, and Louis Vuitton.
4. Cosmetics- The cosmetics segment of Mahwah Bergen Retail Group Inc offers a wide range of branded makeup and beauty care products. These products are sourced from top brands like Lancome, Estee Lauder, Clinique, and many others.
Products:
Mahwah Bergen Retail Group Inc offers a variety of products within its various segments. These include:
1. Luxury Clothing- The company offers high-quality clothing items for men and women such as suits, jackets, dresses, blouses, pants, and skirts, among others.
2. Fragrances- The company offers various perfumes and colognes from leading brands such as Dior, Chanel, Armani, and Tom Ford, among others.
3. Accessories- Mahwah Bergen Retail Group Inc offers a range of accessories such as handbags, wallets, belts, and shoes from brands such as Gucci, Prada, and Louis Vuitton, to name a few.
4. Cosmetics- The company offers a range of cosmetics and makeup products, including lipsticks, foundations, eyeshadows, and skincare products, among others.
Services:
Mahwah Bergen Retail Group Inc offers a variety of services to its customers. These services include:
1. Personal shopping assistance- The company provides a personal shopping assistant to customers who need help in selecting the perfect product for their needs.
2. Gift wrapping- Mahwah Bergen Retail Group Inc offers gift wrapping services to customers who would like to present their purchases as gifts.
3. Customer service- The company has a dedicated customer service team that is always available to assist customers with any queries or concerns they may have.
4. Return policy- Mahwah Bergen Retail Group Inc has a hassle-free return policy that allows customers to return products if they are not satisfied with their purchase.
In conclusion, Mahwah Bergen Retail Group Inc is a well-established retail company that offers a variety of high-quality products and services across different segments. The company is known for its excellent quality brands, outstanding personal shopping services, and exceptional customer service.