Exhibit 99.1

DESTINATION MATERNITY REPORTS IMPROVED

FOURTH QUARTER AND FISCAL 2015 RESULTS

Moorestown, NJ, March 29, 2016 – Destination Maternity Corporation (NASDAQ: DEST), the world’s leading maternity apparel retailer, today announced financial results for the fourth quarter and full year fiscal 2015 ended January 30, 2016 compared to the three months and twelve months ended January 31, 2015.

Fourth Quarter 2015 Selected Financial Results (13 weeks ended January 30, 2016):

Fiscal Year 2015 Selected Financial Results (52 weeks ended January 30, 2016):

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Anthony M. Romano, Chief Executive Officer & President stated, “Although we are disappointed in our current sales performance, we are pleased with the progress we’ve made at this stage of our turnaround in improving the infrastructure to enable long-term success. We are cautiously optimistic that our improved operating performance for the fourth quarter is evidence that our turnaround strategies are beginning to bear fruit. For the fourth quarter we reported higher Adjusted EBITDA before other charges of $3.2 million, representing an improvement from a $12.7 million loss in the prior year, driven by lower expenses and a 240 basis points gross margin improvement, excluding last year’s pretax $10.9 million inventory write-down. Although we did experience a decline in comparable sales of 3.5%, which was driven by mall traffic declines due to the challenging retail environment and unseasonably warm weather, on a positive note our merchandising and marketing initiatives resulted in increased average transaction value and conversion. In addition, our increased inventory discipline enabled us to end the year with inventory down 11% on a unit basis.”

Mr. Romano continued, “Overall, fiscal 2015 was a transitional year for Destination Maternity in which we made improvements in our reported financial results as we continue to reduce inventory and apply better processes and practices to drive sales productivity and overall profitability. Looking ahead, we remain focused on our key initiatives, including our intense focus on elevating our Motherhood and A Pea in the Pod brands by having the right product, in the right places at the right time.”

Real Estate and Partnerships

In an effort to direct resources to the highest return opportunities and further optimize real estate while reducing costs, the Company also announced it plans to discontinue its Two Hearts line, thus ending its relationship with Sears in June 2016. In addition, the Company’s leased department relationship with Gordman’s ended this month. Further the Company decided it will phase out production of its Oh Baby by Motherhood line during fiscal 2016 after being informed that Kohl’s has elected to scale back and ultimately discontinue its exclusive license with the Company for this line in early fiscal 2017.

“Since shortly after joining Destination Maternity I have been engaged in a detailed study of our overall real estate strategy and have reached the conclusion that our domestic distribution is overly saturated,” said Mr. Romano. “This hurts our core owned channel performance, not to mention resulting in an overly complex organization. The cessation of the Two Hearts and Oh Baby by Motherhood lines will enable us to sharpen our focus on our industry leading brands, Motherhood and A Pea in the Pod, and their presentation in our multiple brick and mortar and digital channels, including through our strong leased department relationships with Macy’s and buybuy Baby. We believe our resulting distribution network will ultimately be more efficient at capturing our share of revenue from our customer.”

Capital Allocation

In order to increase financial flexibility to execute its turnaround and position Destination Maternity for sustained profitable growth, the Company announced that it has entered into a new secured term loan agreement for $32 million due March 25, 2021, the proceeds of which were used to pay down existing borrowings under the Company’s credit line. Wells Fargo Bank, National Association arranged the financing and acts as the administrative and collateral agent. In

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addition, as part of the transaction, the Company has extended the term of its $70 million revolving credit facility with Wells Fargo through the maturity of the term loan. Terms of the transaction are detailed in the Company’s Form 8-K to be filed with the Securities & Exchange Commission later today.

In connection with the debt refinancing the Company’s Board of Directors agreed to suspend the Company’s quarterly dividend. While dividends have been an important part of the Company’s historical shareholder returns, management believes the best return on capital today is through targeted reinvestment into the business.

The Company also announced that it continues to focus on implementing key infrastructure and systems projects to have the tools needed to drive sustained profitable growth. To this end, in fiscal 2016 the Company will complete the implementation of a new JDA product allocation tool, and will re-platform its ecommerce sites with Demandware. These investments follow the Company’s 2015 projects, which included the move to a new state of the art distribution center in Florence, NJ and the relocation of its corporate headquarters to Moorestown, NJ from Philadelphia, PA.

Full Fourth Quarter Fiscal 2015 Financial Results

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Full Year Fiscal 2015 Financial Results (52-weeks ended January 30, 2016)

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Other Fiscal Year 2015 Financial Information

Guidance for Fiscal 2016

The Company is providing the following financial guidance for fiscal 2016:

Relocations of Corporate Headquarters and Distribution Operations

The Company’s corporate headquarters and distribution operations have been relocated to southern New Jersey from Philadelphia, Pennsylvania. During the second half of fiscal 2015 the Company recognized one-tenth of the approximately $36 million in benefits it expects to realize over a ten-year period from its Grow NJ award. The Company experienced some temporary disruption of operations from the relocation of its distribution operations and estimates that net relocation costs, excluding other charges, negatively impacted its full year fiscal 2015 results by approximately $0.02 per diluted share. For fiscal 2016 the Company projects that it will realize an after-tax earnings benefit of approximately $0.04 per diluted share and an after-tax cash benefit of approximately $3 million from the relocations.

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The Company had total capital expenditures associated with these relocations of approximately $40 million with $4 million of this amount offset by construction allowance contributions from the landlord for its new headquarters building.

Retail Locations

The table below summarizes store opening and closing activity for the three months and twelve months ended January 30, 2016 and January 31, 2015, 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 fourth quarter and full year fiscal 2015 financial results. Interested parties can participate in this conference call by dialing (877) 648-5519 in the United States and Canada or (281) 973-6287 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 the Company’s website at http://investor.destinationmaternity.com. The passcode for the conference call is 79359696. In the event that you are unable to participate in the call, a replay will be available at 12:00 p.m. Eastern Time on Tuesday, March 29, 2016 through 11:59 p.m. Eastern Time Tuesday, April 5, 2016 by calling (855) 859-2056 in the United States and Canada or (404) 537-3406 outside of the United States and Canada. The passcode for the replay is 79359696.

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About Destination Maternity

Destination Maternity Corporation is the world’s largest designer and retailer of maternity apparel. As of January 30, 2016 Destination Maternity operates 1,815 retail locations in the United States, Canada, Puerto Rico and, most recently, England, including 536 stores, predominantly under the trade names Motherhood Maternity®, A Pea in the Pod® and Destination Maternity®, and 1,279 leased department locations. 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, Israel and India. As of January 30, 2016 Destination Maternity has 193 international franchised locations, including 25 standalone stores operated under one of the Company’s nameplates and 168 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 loss, 2) Adjusted net 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. In the accompanying financial tables, the Company has provided reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures. The Company’s 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. The Company uses each of these non-GAAP financial measures as a measure of the performance of the Company. The Company provides these measures to investors to assist them in performing their analysis of its historical operating results. Each of these non-GAAP financial measures, except net debt, 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. The Company 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, management changes 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

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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, our compliance with applicable financial and other covenants under our financing arrangements, potential debt prepayments, the trading liquidity of our common stock, changes in market interest rates, our compliance with certain tax incentive and abatement programs, 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 Loss to Adjusted EBITDA⁽¹⁾

and Adjusted EBITDA Before Other Charges,

and Operating Loss Margin to Adjusted EBITDA Margin

and Adjusted EBITDA Margin Before Other Charges

(in thousands, except percentages)

(unaudited)

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