Ascena retail group Completes Sale of Ann Taylor, LOFT, Lou & Grey and Lane Bryant to Sycamore Partners
December 23, 2020

MAHWAH, N.J., Dec. 23, 2020 (GLOBE NEWSWIRE) -- ascena retail group, inc. (OTCMKTS: ASNAQ) and certain of its subsidiaries (collectively, “ascena” or the “Company”) today announced that it has completed the sale of the Ann Taylor, LOFT, Lou & Grey, and Lane Bryant brands to Premium Apparel LLC, an affiliate of Sycamore Partners. Premium Apparel has committed to retaining a substantial portion of the retail stores, associates, and corporate operations affiliated with these brands.

CommerceHub Announces Strategic Investment from Insight Partners
December 02, 2020

ALBANY, N.Y., Dec. 2, 2020 /PRNewswire/ -- CommerceHub, a leading provider of ecommerce solutions for enterprise retailers and brands, today announced a strategic investment by global venture capital and private equity firm Insight Partners. This investment will accelerate CommerceHub's platform innovation and expand its solutions to realize the company's digital supply chain vision.