DEST Profile
Destination Maternity Corporation (DEST) was a specialty retailer of maternity clothing and accessories in the United States. The company was founded in 1982 and was headquartered in Moorestown, New Jersey.
Destination Maternity Corporation operated a network of retail stores that specialized in maternity clothing and accessories. The company also sold its products through online channels and wholesale partners. The company faced intense competition from other retailers in the maternity clothing market, including Old Navy, Motherhood Maternity, and PinkBlush. The company also faced some challenges related to changes in consumer behavior and preferences, as well as disruptions to the retail industry caused by the COVID-19 pandemic.
In 2018, Destination Maternity Corporation announced a strategic review of its operations, which included the potential sale of the company or its assets. However, the company was ultimately unable to find a buyer or a path to profitability, and it filed for bankruptcy in October 2019.
As a result of the bankruptcy, Destination Maternity Corporation is no longer a publicly traded company, and all of its stores have been closed. However, the company's legacy continues through its contributions to the development of the maternity clothing market in the United States, and through the many women who were able to find stylish and comfortable clothing during their pregnancies thanks to Destination Maternity Corporation's products and services.
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