ascena retail group Raised $5.9 Million for the Breast Cancer Research Foundation

MAHWAH, N.J., Nov. 27, 2018 /PRNewswire/ -- ascena retail group, inc. (Nasdaq: ASNA) announced today that through its retail brands, it has raised a total of $5.9 million for the Breast Cancer Research Foundation (BCRF) in support of Breast Cancer Awareness month in October. The fall fundraising efforts are a continuation of the company's longstanding partnership with BCRF to fund life-changing research and eradicate breast cancer.

"We are grateful to our clients and associates for their continued dedication and contributions to fighting breast cancer," said David Jaffe, Chairman and CEO of ascena retail group. "Supporting women has been at the heart of our philanthropic mission since we were founded and we are setting new goals to continue to honor that mission."

Since 2005, collectively ascena retail group and its brands have funded over $45 million in critical breast cancer research supporting 183 research grants at major BCRF partner medical and academic institutions in the U.S., translating to 919,121 hours of research time. The company's support of BCRF has enabled significant progress in advancing research in breast cancer cause & prevention, developing new treatments and diagnostic tests and quality of life research.

"Our shared goal to improve the lives of women the world over makes our partnership with ascena truly remarkable," said BCRF President Myra Biblowit. "We are stronger together and it is this partnership that allows us to harness the power of research to eradicate breast cancer so that, one day, we can live in a world free of this devastating disease."

It is the goal of ascena retail group through its brands to fund 1.2 million BCRF research hours by 2022 as part of the company's larger aim to raise and contribute $250 million by 2025 in support of women and girls around the globe. To learn more about ascena retail group's fight against breast cancer and aim to amplify their impact, visit: https://www.ascenaretail.com/our-company/responsibility/.

About ascena retail group, inc.
ascena retail group, inc. (Nasdaq: ASNA) is a leading national specialty retailer offering apparel, shoes, and accessories for women under the Premium Fashion segment (Ann Taylor, LOFT, and Lou & Grey), Value Fashion segment (maurices and dressbarn), Plus Fashion segment (Lane Bryant, Catherines and Cacique), and for tween girls under the Kids Fashion segment (Justice). ascena retail group, inc. operates ecommerce websites and approximately 4,600 stores throughout the United States, Canada and Puerto Rico.

For more information about ascena retail group, inc. visit: ascenaretail.com, AnnTaylor.com, factory.anntaylor.com, LOFT.com, outlet.loft.com, louandgrey.com, maurices.com, dressbarn.com, lanebryant.com, Catherines.com and shopjustice.com.

About the Breast Cancer Research Foundation
The Breast Cancer Research Foundation (BCRF) is dedicated to being the end of breast cancer by advancing the world's most promising research. Founded by Evelyn H. Lauder in 1993, BCRF-funded investigators have been deeply involved in every major breakthrough in breast cancer prevention, diagnosis, treatment and survivorship. This year, BCRF has awarded $63 million in grants to support the work of nearly 300 scientists at leading medical and academic institutions across 14 countries, making BCRF the largest private funder of breast cancer research worldwide. BCRF is also the highest rated breast cancer organization in the U.S. Visit www.bcrf.org to learn more.

SOURCE ascena retail group, inc.

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