Ascena Retail Group, Inc. is an American retailer of women’s clothing. Ascena also owns Lane Bryant and Catherines clothing store brands, and is the parent company of Ann Inc., operator of Ann Taylor and Loft stores.
Ascena Retail Group.
|Area served||U.S., Canada, Puerto Rico, Mexico|
|Key people||Lizanne Kindler (CEO)|
What company owns loft?
New York City-based Sycamore Partners LLC bought Lane Bryant and its sister brands Loft, Ann Taylor and Lou & Grey, from the bankrupt New Jersey company for $540 million. The deal closed Dec.
Is Loft and Ann Taylor the same?
For Ann Taylor and its sister brand LOFT, the filing marks the culmination of several years of slumping sales and dwindling foot traffic, challenges worsened by the coronavirus outbreak.
Did Talbots buy loft?
The owner of Talbots and Hot Topic has agreed to purchase Ann Taylor, Loft and Lane Bryant. Ann Taylor, Loft, Lane Bryant and Lou & Grey now have a new owner.
Where is loft clothing made?
Loft is a sub-brand of chain clothing retailer Ann Taylor that was launched in 1996 and offers upper market casual styles for men and women. Their clothes are primarily manufactured in China, with other locations including India, Pakistan, Bangladesh, Vietnam and related countries.
Who owns Lou and GREY?
ANN INc. is the parent company of Ann Taylor, Loft and Lou & Grey.
Did loft get bought out?
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.
What age group does Ann Taylor Loft target?
Ann Taylor has a specific target market of affluent female buyers in the age group of 25-50 years, which justifies its small presence (in terms of stores) in the U.S.
Is Loft getting rid of plus size?
LOFT Announces It Will Stop Selling Plus Sizes Due to ‘Ongoing Business Challenges’ “Unfortunately, due to ongoing business challenges, we have had to make some difficult decisions, which does impact our plus collection,” LOFT confirmed on Twitter. “We sincerely apologize for any disappointment.”
Who owns Lane Bryant?
Talbots’ parent company Sycamore Partners recently purchased the Ascena Retail Group Inc., which owns Ann Taylor, Loft, Lane Bryant and Lou & Grey, for $540 million.