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John Welborn appointed to Ascena’s board of directors

Ascena Retail Group, Inc. has appointed John L. Welborn, Jr. as a member of the company’s board of directors. Weborn, the company said, joins the board with extensive experience in capital markets and investing and currently serves as a Managing Director for Stadium Capital Management, LLC, an investment advisory firm whose funds are significant...

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ManagementFeatured

Timeline: Is Growth for Change changing Ascena for good?

Barely days after Ascena Retail announced its turnaround initiative, ‘Growth for Change’, the apparel group’s shares were down around 30 percent. Investors, analysts and competitors are closely following the performance of the company, which has been grown in the past years by acquiring healthier fashion companies. The parent company of Lane...

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