Justice news and archive

Walmart launches special Justice x Care Bear collection

Justice has launched a new, exclusively collaborative collection with the iconic Care Bears™️ brand. Developed in honor of Justice's 20th anniversary, the new collection brings together the timeless charm of the Care Bears with the brand's leading tween fashion sense. The Justice x Care Bears collection features well-beloved Care Bear characters...

Fashion

Tween brand Justice launches exclusively at Walmart

ENTONVILLE - Walmart announced the expansion of its fashion assortments with a new collaboration with the Justice brand to bring its popular tween assortment of signature line of fresh, trend-inspired designs to 2,400 Walmart stores and Walmart.com. Walmart will be the exclusive fashion retailer for the brand. The retail giant is adding Justice’...

Retail

Shopjustice.com relaunches

After speculation of what would happen with tween retailer Justice, Justice Brand Holdings LLC has relaunched a new shopping experience on shopjustice.com. The initial release features an assortment of apparel and accessory products that is expected to expand in the coming months as Back to School approaches. “We are very excited to bring the...

Report

FullBeauty to acquire Catherines’ ecommerce business from Ascena

Ascena Retail Group, inc. has announced that FullBeauty Brands Operations, LLC will acquire Catherines’ intellectual property assets for a base purchase price of 40.8 million dollars and potential upward adjustment for certain inventory. The company also said that The United States Bankruptcy Court for the Eastern District of Virginia has...

Report

Ascena Q2 net loss widens, comparable sales drop 2 percent

Ascena Retail Group, inc. reported net sales for the second quarter of 1,217 million dollars compared to 1,271 million dollars in the year-ago period, reflecting a comparable sales decrease of 2 percent, a decline in other revenue and a decrease in non-comparable sales. Gross margin decreased to 635 million dollars from 660 million dollars,...

ManagementFeatured

Ascena Retail Group reports Q4 net loss of 420 million dollars

Net sales for the fourth quarter of fiscal 2019 at Ascena Retail Group, were 1,454 million dollars compared to 1,520 million dollars in the year-ago period, reflecting flat comparable sales for the quarter and the unfavourable impact resulting from the 53rd week recorded in the prior fiscal year. The company said in a statement that gross margin...

People

Justice hires Brian Lynch to be their president

Believe it or not, despite less than stellar sales lately, Justice was once a very popular brand among teens. It’s no secret that the brand has been doing less than stellar lately, so, they decided the most appropriate thing to do was shake things up a bit. The brand has named Brian Lynch their new President, with his main challenge being to...

BusinessFeatured

Ascena closes Brothers stores and reshuffles Justice

Ascena Retail Group, Inc. (ASNA), has announced that, as part of a strategic review of its Justice business, it has decided to close its Brothers brand. Besides, it will take Justice’s range back to basics. Operations are expected to be fully wound down by the end of the company’s fiscal year, reported ‘MarketWatch’. In this regard, Ascena CEO...