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Business

Marquee Brands acquires leading maternity brands

Marquee Brands is diversifying its women’s fashion division with the acquisition of leading maternity brands - Motherhood Maternity, A Pea In The Pod and Destination Maternity. In a statement, Marquee Brands confirmed that it was the “successful bidder” to acquire the intellectual property, e-commerce business and other assets of Destination...

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BusinessFeatured

Destination Maternity reports Q4 loss, net sales drop 13 percent

Destination Maternity Corporation, for the fourth quarter ended February 2, 2019 reported net loss of 6.4 million dollars or 46 cents per diluted share compared to 10.2 million dollars or 73 cents per diluted share, for the fourth quarter of fiscal 2017. Net loss for fiscal 2018 was 14.3 million dollars or 1.03 dollars per diluted share compared...

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