#Ann Taylor, LOFT and Lane Bryant sold to buyout firm for $540M

#Ann Taylor, LOFT and Lane Bryant sold to buyout firm for 0M

#Ann Taylor, LOFT and Lane Bryant sold to buyout firm for $540M

Admin6 years ago03 mins

“#Ann Taylor, LOFT and Lane Bryant sold to buyout firm for $540M” Iconic women’s clothing brands Ann Taylor, LOFT and Lane Bryant will be bought out of bankruptcy by private equity firm Sycamore Partners, the companies said Thursday. After filing for Chapter 11 bankruptcy protection in July, Ascena Retail Group — the owner of the…

#Ascena clothing brands to ditch alpaca wool after PETA probe

Admin6 years ago06 mins

“#Ascena clothing brands to ditch alpaca wool after PETA probe” Ann Taylor is packing up the alpaca. Ascena Retail Group, the clothing conglomerate that owns the Ann Taylor, LOFT and Lou & Grey plans to stop using wool from the llama-like creatures amid concerns from animal-rights activists about the sometimes brutal process of producing it….

#NYC stores and restaurants board up for Election Day turmoil

Admin6 years ago04 mins

“#NYC stores and restaurants board up for Election Day turmoil” The lights went down, and the plywood continued to go up Saturday on old ‘Board’way — and across Manhattan in anticipation of Election Day unrest. The Post found workers at chain stores such as Staples, Ann Taylor, and a Bed Bath & Beyond in Chelsea…

#Ann Taylor, Lane Bryant owner files for Chapter 11 bankruptcy

Admin6 years ago06 mins

“#Ann Taylor, Lane Bryant owner files for Chapter 11 bankruptcy” July 23, 2020 | 10:42am The operator of Ann Taylor and Lane Bryant filed for Chapter 11 bankruptcy protection on Thursday, the latest retailer to do so during the pandemic. Mahwah, New Jersey-based Ascena Retail Group, which operates nearly 3,000 stores mostly at malls, had…