CORRECTING and REPLACING ascena retail group, inc. Celebrates International Women’s Day
March 08 2018 - 11:05AM
Business Wire
Please replace the release with the following corrected version
due to multiple revisions.
The corrected release reads:
ASCENA RETAIL GROUP, INC. CELEBRATES INTERNATIONAL
WOMEN’S DAY
Today, ascena retail group, inc. (NASDAQ:ASNA) celebrates
International Women’s Day by hosting events across their brands and
in their communities, both locally and globally.
“As a company in service of women and girls, International
Women’s Day is an important way for us to reflect on the economic,
cultural and political achievements of women,” said Gary Muto,
President and Chief Executive Officer of ascena Brands. “Across
each of our campuses, our focus is on giving back and celebrating
the women who take bold action to lead positive and transformative
change.”
Across their US home office locations in New York, New Jersey,
Minnesota and Ohio, ascena associates are participating in events
and providing donations to women-based organizations. Additionally,
the company is highlighting some of their philanthropic efforts
designed to support women who are making a difference
(www.jaffeawards.com, herlead.vitalvoices.org).
“Our heritage is deeply rooted in the support and service of
women. I’m proud of our accomplishments and commitments including
the class-leading gender diversity of our Board of Directors as
well as the fact that women hold nearly two-thirds of our
leadership roles,” said David Jaffe, Chairman and Chief Executive
Officer of the ascena Retail Group.
ascena’s commitment extends globally, as well. In 2014, the Ann
Taylor, LOFT and Lou & Grey brands collaborated with BSR
(Business for Social Responsibility) and its HERproject to impact
100,000 women in their global supply chain by providing health and
financial literacy training. “We are so proud to have both met and
exceeded our goal, and are now celebrating the over 100,000 women
across six countries who have been empowered through this
partnership,” said Jeannette Ferran Astorga, Vice President of
ascena Corporate Responsibility. As a result, over 76% of these
brands’ apparel have been sourced through manufacturing facilities
where women have received training based on the HERproject
curriculum.
The impact of the 100,000 Women Commitment extends into ascena’s
policies and business practices. Earlier this week, ascena released
its new Code of Conduct for Merchandise Suppliers. Through the
learnings of this project, and aligned with the UN’s Sustainable
Development Goal 5, ascena found ways to advance its Code through a
gender lens, ensuring that the specific challenges and obstacles
that women workers face are incorporated into their expectations of
suppliers. ascena is committed to working with its suppliers to
empower women workers, enabling them to thrive in the workplace and
reach their full potential.
“We have learned a lot from these inspiring women. They drive
enormous positive change by sharing their knowledge and skills with
others, and that produces a ripple effect of progressive change in
the global communities where our products are manufactured,” Ms.
Ferran Astorga commented.
To learn more about the 100K Women and view a related video,
please visit the site http://responsiblyann.com/women/
About ascena retail group, inc. ascena retail group, inc.
(NASDAQ: ASNA) is a leading national specialty retailer offering
apparel, shoes, and accessories for women under the Premium Fashion
segment (Ann Taylor, LOFT, and Lou & Grey), Value Fashion
segment (maurices and dressbarn), Plus Fashion segment (Lane
Bryant, Catherines and Cacique), and for tween girls under the Kids
Fashion segment (Justice). ascena retail group, inc. operates
ecommerce websites and approximately 4,700 stores throughout the
United States, Canada and Puerto Rico.
For more information about ascena retail group, inc. visit:
ascenaretail.com, AnnTaylor.com, LOFT.com, louandgrey.com,
maurices.com, dressbarn.com, lanebryant.com, Catherines.com, and
shopjustice.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20180308005102/en/
For investors:ICR, Inc.James Palczynski,
203-682-8229PartnerJP@icrinc.comorFor media:ascena retail group,
inc.Sue Ross, 218-491-2110Corporate
Affairssue.ross@ascenaretail.com
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