With the pandemic putting its business into a state of disorder, Lane Bryant and Ann Taylor owner Ascena Retail Group is reportedly in talks with lenders about a possible bankruptcy filing. A Chapter 11 filing would let the firm maintain the operation of some of...
The average American woman’s size doesn’t much resemble the average size of a runway model — a fact well-known to any woman who ever stood in a dressing room trying on jeans and wondering what space alien they were cut for. The average female shopper in...
Brick-and-mortar stores are having a moment. Retail operator Ascena Retail Group has shared its plans to close hundreds of stores following a disappointing quarter. Owner of brands like women’s clothing stores Ann Taylor, Lane Bryant and Dressbarn, Ascena Retail Group had a $1.031 billion loss...
Generally speaking, it is hard to think of social media as something that is making the world a more inclusive place – given its occasional status as a toxic swamp of intolerance and cruelty. But social media has the ability to give more than men’s...
August 31, 2023
Three brands in the specialty apparel retail industry have been brought together in the KnitWell Group, a new holding company formed by private equity firm Sycamore Partners. With three apparel brands under its umbrella — Ann Taylor, Loft and Talbots — KnitWell Group generates combined annual sales of over $3 billion, the holding company said in a Wednesday (Aug. 30) press release. In […]
June 08, 2020
With the pandemic putting its business into a state of disorder, Lane Bryant and Ann Taylor owner Ascena Retail Group is reportedly in talks with lenders about a possible bankruptcy...
