Ascena Retail Group, that owns Justice, Ann Taylor, and Loft, has announced that it will be closing down 200 Justice stores, which are all the remaining stores of the apparel company.
Justice
The fast fashion giant is planning to close 350 stores during 2021, but it will also open up 100 new stores. That brings the company to a net loss of 200 stores, and it is citing the rise in e-commerce as the reason for the closures.
H&M
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