Justice parent company finds buyer for New Albany-based brand

Justice parent company finds buyer for New Albany-based brand

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Justice, one of the largest retail brands based in Central Ohio, is being sold to a new company. The tween apparel retailer's parent company, New Jersey-based Ascena Retail Group Inc., has reached an agreement with private New York-based conglomerate IHL Group for Justice's intellectual property, e-commerce business and other assets. As part of Ascena's ongoing bankruptcy process, it will still auction off the brand and be open to other bidders, but IHL will serve as "stalking horse bidder"…

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