PLUS MODEL MAGAZINE March 2015 Issue - Page 59

ASHLEY STEWART Rising From the Ashes with aVisionary Leader Investor interest was limited given the history of operating losses and the magnitude of challenges necessary to reinvent the business model. It looked as if another plus size retailer was going to bite the dust. Fast forward a year later and a remarkable turnaround is underway. Since emerging from bankruptcy in April 2014, organic sales are up in the high double digit range, profits are at unprecedented levels and Ashley Stewart boasts an explosive e-commerce and industry leading social media business. #plusmodelmag time retailer had filed for bankruptcy a second time within three years. 03.15 A year ago, Ashley Stewartâ„¢ was falling apart at the seams. The long- inspiration + style By Marcy Cruz