Charming Shoppes
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| Type | Subsidiary of Ascena Retail Group |
|---|---|
| Industry | Retail |
| Founded | 1940 |
| Headquarters | Bensalem, Pennsylvania, U.S. |
| Key people | Jim P. Fogarty - President and Chief Executive Officer |
| Products | Clothing |
| Revenue |  $811 Million USD (2008) |
| Employees | 10,300 (2008) |
| Subsidiaries | Lane Bryant Petite Sophisticate Catherines |
| Website | www.charmingshoppes.com |
Charming Shoppes is a specialty and plus size clothing retail holding company based in Bensalem, Pennsylvania; a suburb of Philadelphia. Its subsidiaries are Lane Bryant, Cacique and Catherines Plus.[1] Clothes are sold from over 2300 retail stores in the United States, as well as numerous catalogs and online sites.[2] Charming Shoppes was founded in 1940, went public in 1971,[3] and was ranked 810th on the 2010 Fortune 1000.[4]
On May 2, 2012; Charming Shoppes announced it will merge with Ascena Retail Group, parent company of DressBarn.[1][5]
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Divisions [edit]
- Lane Bryant — A retailer of specialty plus-size fashion, Lane Bryant was acquired by Charming Shoppes in 2001. With more than 900 stores nationwide, Lane Bryant stores sell clothes in plus-sizes. Lane Bryant's mission is to "offer stylish, sophisticated and high-quality fashion in sizes 14–28". In July 2006, Charming Shoppes launched Lane Bryant Outlet.
- Fashion Bug — As Charming Shoppes' largest brand with nearly 1,000 stores nationwide, Fashion Bug was a women's fashion apparel retailer located in strip shopping centers. Fashion Bug offered fashion apparel and accessories in plus and misses. In June 2012, Charming Shoppes announced that Fashion Bug stores will be closing. The final stores closed in February 2013.
- Catherines Plus — A plus-size specialty retailer with more than 500 stores throughout the country, the Catherines brand targets women 40–65 years old and offers classic apparel and accessories for career and casual lifestyles.
References [edit]
- ^ a b Staff (May 2, 2012), "Charming Shoppes to be sold for $890M", Philadelphia Business Journal (Morning Edition ed.), retrieved May 27, 2012
- ^ Charming Shoppes catalogs
- ^ Charming Shoppes history
- ^ Charming Shoppes on the Fortune 500
- ^ James Palczynski, Gayle M Coolick, James McCusker, ed. (May 2, 2012), Ascena Retail Group, Inc. Reaches Agreement to Acquire Charming Shoppes, Inc. (press release), Thomson Reuters, retrieved May 27, 2012
Sources [edit]
External links [edit]
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