Exhibit 99.1

DESTINATION MATERNITY REPORTS

SECOND QUARTER AND FIRST SIX MONTHS FISCAL 2015 RESULTS

Moorestown, NJ, August 27, 2015 – Destination Maternity Corporation (NASDAQ: DEST), the world’s leading maternity apparel retailer, today announced results for the second quarter and first six months of fiscal 2015, ended August 1, 2015 compared to the three months and six months ended August 2, 2014.

For the second quarter of fiscal 2015, the Company reported a GAAP net loss of $2.7 million, or $0.20 per share, which included a one-time pretax cash benefit of $4.1 million ($2.5 million, net of tax) from the termination of a superstore lease offset by (i) $0.1 million, net of tax, related to store closing, asset impairment and asset disposal costs; (ii) other charges of $0.7 million, net of tax, related to the relocations of its headquarters and distribution facilities; and (iii) $0.3 million, net of tax, related to management and organizational changes, and the fiscal year change. This compares to GAAP net income of $0.3 million, or $0.02 per diluted share, for the three months ended August 2, 2014, which included other charges of $0.4 million, net of tax, related to the relocations of the Company’s headquarters and distribution facilities and approximately $0.7 million, net of tax, related to a proposed business combination, offset by $1.7 million for reductions of state income tax expense, net of federal expense, related to settlements of uncertain income tax positions.

On an adjusted basis, for the second quarter of fiscal 2015, the Company reported a net loss of $1.7 million, or $0.12 per share. This compares to an adjusted loss of $0.3 million, or $0.02 per share for the three months ended August 2, 2014. For a reconciliation of GAAP to non-GAAP financial information, refer to the financial tables at the end of this press release.

Anthony M. Romano, Chief Executive Officer of Destination Maternity Corporation: stated, “In the second quarter, we began to see progress toward our stated strategy, which we expect to build upon as we move through the year. As expected, overall profitability trailed the prior year given we entered the quarter with elevated inventory levels resulting from purchases made under the previous methodology. This necessitated increased promotional activity resulting in lower average unit retail and a decline in gross margin as compared to last year. On a positive note, we generated increased comparable sales and saw higher consumer demand through improved product allocation. Our product allocation tool, which will be in place in early 2016, will be instrumental in assisting us to do this more effectively.”

Mr. Romano concluded, “August 11th marked my one year anniversary with Destination Maternity – a period where we implemented strategic actions to position the Company for sustained profitable growth. We have added to our executive leadership, introduced new processes, began to optimize our real estate and importantly position our brands, product and marketing to consistently meet the needs of our customers and target consumers. I am encouraged by the direction we are taking and believe firmly that the strategies we are implementing position Destination Maternity for continued improvement in sales productivity and profitability going forward.”

Second Quarter Fiscal 2015 Financial Results

First Six Months of Fiscal 2015 Financial Results

Second Quarter Fiscal 2015 Balance Sheet Highlights

At August 1, 2015:

Credit Facility

Effective August 25, 2015 the Credit Facility was amended to reflect the June 2015 increase to Tranche A permitted borrowings and to extend the maturity date to August 25, 2020 from November 1, 2017. Following the increase, total permitted borrowings under the Credit Facility are $76 million, subject to the Company’s Borrowing Base formula.

Quarterly Dividend

On August 20, 2015 the Board of Directors approved a regular quarterly cash dividend in the amount of $0.20 for each share of the Company’s outstanding common stock. The cash dividend will be payable October 22, 2015 to stockholders of record at the close of business on October 8, 2015.

Guidance for Fiscal 2015

Financial guidance for the full year fiscal 2015 is as follows:

Relocations of Corporate Headquarters and Distribution Operations

The relocations of the Company’s corporate headquarters and distribution operations from Philadelphia, Pennsylvania to southern New Jersey are now complete. The Company continues to project that once it is fully operating in both its new headquarters and new distribution center facilities, and has been approved for its annual tax credits under the Grow New Jersey Assistance Program, its ongoing annualized after-tax earnings benefit from the relocations will be approximately $0.10 per diluted share, and its ongoing annualized after-tax cash benefit from the relocations will be approximately $4 million.

The Company had total capital expenditures associated with these relocations of approximately $38 million through the first six months of fiscal 2015 with $4 million of this amount offset by construction allowance contributions from the landlord for its new headquarters building.

Key Strategic Initiatives

The Company remains focused on its three strategic initiatives for 2015 which are detailed below:

Retail Locations

The table below summarizes store opening and closing activity for the three months ended August 1, 2015 and August 2, 2014, as well as the Company’s total store, leased department and retail location count at the end of each fiscal period.

Conference Call Information

As announced previously, the Company will hold a conference call today at 9:00 a.m. Eastern Time, regarding the Company’s second quarter fiscal 2015 financial results. Interested parties can participate in this conference call by calling (877) 703-6102 in the United States and Canada or (857) 244-7301 outside of the United States and Canada. Please call ten minutes prior to 9:00 a.m. Eastern Time. The conference call (listen only) will also be available on the investor section of our website at http://investor.destinationmaternity.com. The passcode for the conference call is 22119783. In the event that you are unable to participate in the call, a replay will be available through Thursday, September 10, 2015 by calling (888) 286-8010 in the United States and Canada or (617) 801-6888 outside of the United States and Canada. The passcode for the replay is 50077975.

About Destination Maternity

Destination Maternity Corporation is the world’s largest designer and retailer of maternity apparel. As of August 1, 2015 Destination Maternity operates 1,865 retail locations in the United States, Canada, Puerto Rico and, most recently, England, including 552 stores, predominantly under the trade names Motherhood Maternity^®, A Pea in the Pod^® and Destination Maternity^®, and 1,313 leased department locations. In July 2015 the Company opened its first A Pea in the Pod branded leased department outside of North America in Harrods department store in London, England. The

Company also sells merchandise on the web primarily through its motherhood.com, apeainthepod.com and destinationmaternity.com websites. Destination Maternity has international store franchise and product supply relationships in the Middle East, South Korea, Mexico and Israel. As of August 1, 2015 Destination Maternity has 148 international franchised locations, including 26 standalone stores operated under one of the Company’s nameplates and 122 shop-in-shop locations. Destination Maternity also distributes its Oh Baby by Motherhood^® collection through a licensed arrangement at Kohl’s^® stores throughout the United States and on Kohls.com.

Reconciliation of Non-GAAP Financial Measures

This press release and the accompanying financial tables contain non-GAAP financial measures within the meaning of the SEC’s Regulation G, including 1) Adjusted net income (loss), 2) Adjusted net income (loss) per share (diluted), 3) Adjusted EBITDA, 4) Adjusted EBITDA before other charges, 5) Adjusted EBITDA margin, 6) Adjusted EBITDA margin before other charges, and 7) Net (debt) cash. In the accompanying financial tables, we have provided reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures. Our management believes that each of these non-GAAP financial measures provides useful information about the Company’s results of operations and/or financial position to both investors and management. Each non-GAAP financial measure is provided because management believes it is an important measure of financial performance used in the retail industry to measure operating results, to determine the value of companies within the industry and to define standards for borrowing from institutional lenders. We use each of these non-GAAP financial measures as a measure of the performance of the Company. We provide these measures to investors to assist them in performing their analysis of our historical operating results. Each of these non-GAAP financial measures, except net (debt) cash, reflects a measure of the Company’s operating results before consideration of certain charges and consequently, none of these measures should be construed as an alternative to net income (loss) or operating income (loss) as an indicator of the Company’s operating performance, or as an alternative to cash flows from operating activities as a measure of the Company’s liquidity, as determined in accordance with generally accepted accounting principles. We may calculate each of these non-GAAP financial measures differently than other companies.

Forward-Looking Statements

The Company cautions that any forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) contained in this press release or made from time to time by management of the Company, including those regarding earnings, net sales, comparable sales, other results of operations, liquidity and financial condition, potential acquisitions and various business initiatives, involve risks and uncertainties, and are subject to change based on various important factors. The following factors, among others, in some cases have affected and in the future could affect the Company’s financial performance and actual results and could cause actual results to differ materially from those expressed or implied in any such forward-looking statements: the continuation of the economic recovery of the retail industry in general and of apparel purchases in particular, our ability to successfully manage our various business initiatives, our ability to successfully pursue, complete and manage any acquisitions and related matters, adverse effects on the market price of our common stock and on our operating results because of a failure to complete any proposed acquisition, failure to realize any benefits of any proposed acquisition, the success of our international business and its expansion, our ability to successfully manage and retain our leased department and licensed relationships and marketing partnerships, future sales trends in our existing retail locations and through the Internet, unusual weather patterns, changes in consumer spending patterns, raw material price increases, overall economic conditions and other

factors affecting consumer confidence, demographics and other macroeconomic factors that may impact the level of spending for apparel, expense savings initiatives, our ability to anticipate and respond to fashion trends and consumer preferences, unanticipated fluctuations in our operating results, the impact of competition and fluctuations in the price, availability and quality of raw materials and contracted products, availability of suitable store locations, continued availability of capital and financing, our ability to hire and develop senior management and sales associates, our ability to develop and source merchandise, our ability to receive production from foreign sources on a timely basis, potential stock repurchases, our ability to continue our regular quarterly cash dividend, the trading liquidity of our common stock, changes in market interest rates, our ability to successfully manage and accomplish our planned relocations of our headquarters and distribution operations with minimal disruption to our overall operations, war or acts of terrorism and other factors set forth in the Company’s periodic filings with the U.S. Securities and Exchange Commission (the “SEC”), or in materials incorporated therein by reference. Although it is believed that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct and persons reading this announcement are therefore cautioned not to place undue reliance on these forward-looking statements which speak only as at the date of this announcement. The Company assumes no obligation to update or revise the information contained in this announcement (whether as a result of new information, future events or otherwise), except as required by applicable law.

– Financial Tables to Follow –

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DESTINATION MATERNITY CORPORATION AND SUBSIDIARIES

Consolidated Statements of Operations

(in thousands, except percentages and per share data)

(unaudited)

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DESTINATION MATERNITY CORPORATION AND SUBSIDIARIES

Condensed Consolidated Balance Sheets

(in thousands)

(unaudited)

Selected Consolidated Balance Sheet Data

(in thousands)

(unaudited)

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DESTINATION MATERNITY CORPORATION AND SUBSIDIARIES

Consolidated Statements of Cash Flows

(in thousands)

(unaudited)

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DESTINATION MATERNITY CORPORATION AND SUBSIDIARIES

Supplemental Financial Information

Reconciliation of Net Income (Loss) to Adjusted EBITDA⁽¹⁾

and Adjusted EBITDA Before Other Charges,

and Operating Income (Loss) Margin to Adjusted EBITDA Margin

and Adjusted EBITDA Margin Before Other Charges

(in thousands, except percentages)

(unaudited)

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