| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
14 |
| Employees |
2,500 |
| Revenues (TTM) (Millions $) |
363 |
| Net Income (TTM) (Millions $) |
-14 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
6 |
Business Description
Destination Maternity Corp is a leading maternity apparel retailer in the United States of America. The company provides a wide range of maternity clothing, nursing apparel, and accessories through its retail stores, e-commerce platform, and wholesale channels. The company's retail stores are mainly located in high-end malls and shopping centers across the USA.
Destination Maternity Corp operates under three brands, which include Motherhood Maternity, A Pea in the Pod, and Destination Maternity. Motherhood Maternity is the company's largest brand and primarily caters to expectant mothers with comfortable and affordable clothing options. A Pea in the Pod offers designer maternity clothing options for a more luxurious and stylish look. Destination Maternity brand provides maternity clothing and accessories meant for career-oriented expectant mothers.
The company was founded in 1982 and has its headquarters in Moorestown, New Jersey, USA. Destination Maternity Corp is publicly traded on NASDAQ under the ticker symbol "DEST". As of 2021, it operates over 1,000 retail locations in the USA, Canada, and Puerto Rico. The company also operates an e-commerce platform that offers a wide range of maternity clothing options for customers worldwide.
Destination Maternity Corp aims to create a positive and memorable shopping experience for expectant mothers. The company provides a comfortable shopping environment with knowledgeable and friendly sales associates who help customers find the best maternity outfits to suit their individual needs. Destination Maternity Corp also offers various resources for expectant mothers, such as a pregnancy calendar, a maternity clothing measurement guide, and a nursing bra fitting guide.
In recent years, the company has faced significant challenges due to declining sales and increased competition from other retailers. In 2019, Destination Maternity Corp filed for Chapter 11 bankruptcy protection and closed several underperforming stores. The company was acquired by Marquee Brands in 2020, a leading brand management company, and has continued to operate under its three brands. As of 2021, Destination Maternity Corp is focused on rebuilding its brand and offering high-quality maternity clothing and accessories to its customers.
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