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Fashion Bug going OUT OF BUSINESS!
As a publisher, I received this email today:
"The Fashion Bug and Loop 18 brands have been proudly serving American women for 70 years. However, with the recently completed merger with the Ascena Retail Group, Inc., the extremely difficult decision has been made to close the Fashion Bug and Loop 18 businesses, with the website closing in early September 2012 and stores closing by 2013. After careful consideration, this decision was made when it became clear that our new company would not be able to develop a long-term plan for Fashion Bug or Loop 18 that would ensure collective success. However, the Fashion Bug sister brands - Lane Bryant, Cacique, Catherines and Sonsi continue to thrive and look forward to continued growth under the Asecena Retail Group, Inc. umbrella."