Charming Shoppes, Inc. is a specialty and plus size clothing retail holding company based in Bensalem, Pennsylvania; a suburb of Philadelphia.
Its subsidiaries include Lane Bryant, Cacique, Fashion Bug, and Catherines Plus.
[1] Clothes were sold from over 2300 retail stores in the United States, as well as numerous catalogs and online sites.
[4] On May 2, 2012, Ascena Retail Group, the parent company of Dressbarn, announced that it would acquire Charming Shoppes with a $900 million transaction through a combination of cash in hand and $325 million of borrowings from credit facilities.
[1][5][6] The Company's operation were divided into two segments: Retail Stores and Direct-to-Consumer.