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Ascena to sell stake in Maurices chain for $300m

2019-03-25 17:11:00| Daily apparel & textile news and comment - from just-style.com

Shares in Ascena Retail Group, owner of the Ann Taylor, Loft and Lane Bryant chains, have jumped more than 12% after the company said it is selling a majority stake in its Maurices women's clothing business for $300m.

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Category:Consumer Goods and Services

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