Charming Shoppes, Inc. is a specialty apparel retailer with a market share in women’s plus-size specialty apparel. During fiscal year ended January 28, 2012 (fiscal 2011), the Company’s business operations consisted primarily of three core brands: LANE BRYANT, FASHION BUG and CATHERINES PLUS SIZES. The Company operates in two segments: Retail Stores and Direct-to-Consumer. The Retail Stores segment derives its revenues from sales through retail stores and store-related e-commerce sales under its LANE BRYANT (including LANE BRYANT OUTLET), FASHION BUG, and CATHERINES PLUS SIZES brands. The Direct-to-Consumer segment derives its revenues from catalog sales and catalog-related e-commerce sales under its FIGI’S title. During fiscal 2011, the sale of plus-size apparel represented approximately 84% of its total net sales. In June 2012, Ascena Retail Group Inc. acquired the Company.