Market Capitalization (Millions $) |
- |
Shares
Outstanding (Millions) |
10 |
Employees |
- |
Revenues (TTM) (Millions $) |
2,994 |
Net Income (TTM) (Millions $) |
-1,097 |
Cash Flow (TTM) (Millions $) |
53 |
Capital Exp. (TTM) (Millions $) |
92 |
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.
Company Address: 933 MacArthur Boulevard Mahwah, 7430 NJ
Company Phone Number: 777-6700 Stock Exchange / Ticker: ASNA
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