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Communication Services : Entertainment |
Company profile

InCapta, Inc. is a media holding company. The Company is focused on the radio, television, movie production and television productions to use on online Cloud television and radio. It is developing its online movie channel, a 24 hour a day streaming Internet television station, and its online news and video news bureau in association with Leading Edge Radio Network and Mancuso Martin Productions. The Company operates two cloud television networks: World Drone Recreation Aviators and Leading Edge Radio Network. Its network develops its own channel content. It is also involved in pre-production of two full-length movies; developing a weekly half hour television show; and producing radio talk show with

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Ann Taylor, Loft parent Ascena kicks off store-closing sales in wake of bankruptcy filing

8:43 am ET July 24, 2020 (MarketWatch)

Ascena Retail Group Inc. (ASNA), which declared bankruptcy ( earlier this week, said it has commenced store-closing sales in its stores. The sales are in all of its Catherines stores, a "significant number" of Justice stores and in a "select number" of Ann Taylor, Loft, Lane Bryant and Lou & Grey stores. The company has engaged SB360 Capital Partners as a consultant to conduct the sales. "Because of the compelling discounts and the highly desirable merchandise, we expect this will be a short sale across all stores," said Aaron Miller, executive vice president of SB360. "Customers are encouraged to shop early while quantities last as many of their favorite styles may go quickly." Ascena's stock, which closed Thursday at a 36-year low of 59 cents, has plummeted 92.3% year to date, while the SPDR S&P Retail ETF (XRT) has gained 1.4% and the S&P 500 has tacked on 0.2%.

-Tomi Kilgore; 415-439-6400;

(END) Dow Jones Newswires

July 24, 2020 08:43 ET (12:43 GMT)

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