Judge rejects legal shield in bankruptcy of former Ann Taylor parent (2024)

FAQs

What is going on with Ann Taylor? ›

Ann Taylor Owner Files for Bankruptcy

Ascena Retail Group, which listed about $12.5 billion of debts, has entered into a restructuring support agreement with over 68 percent of its secured term lenders.

Ascena Retail Group, Inc., is an American retailer of women's clothing. Ascena also owns Lane Bryant clothing store brand, and is the parent company of Ann Inc., operator of Ann Taylor and Loft stores.

We will continue to operate our Ann Taylor, LOFT, Lane Bryant, Justice and Lou & Grey brands through a reduced number of retail stores and online. The final number of store closings will be determined based on the ability of ascena and our landlords to reach agreement on sustainable lease structures.

Well before COVID-19 shook the retail industry, sales at all of Ascena's banners steadily tumbled. The company notched an overall net sales decline in 2019, $5.49 billion compared to $5.57 billion in 2018, and an operating loss that widened to $681.4 million in 2019 from $88.9 million in 2018.

Ascena Retail Group, the conglomerate behind women's apparel brands Ann Taylor, Lane Bryant and Catherines, filed for Chapter 11 bankruptcy Thursday and said it would close at least 877 - nearly a third - of its 2,800 stores after years of declining sales and ballooning debt.

We will gladly accept your return of unwashed and unworn or defective merchandise under the following conditions: MERCHANDISE PURCHASED AT AN ANN TAYLOR STORE may only be returned to a Ann Taylor store. MERCHANDISE PURCHASED AT AN ANN TAYLOR FACTORY STORE may only be returned to an Ann Taylor Factory store.

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.

Unwashed, unworn and defective merchandise may also be returned or exchanged at any LOFT store location, with the exception of merchandise from the Maternity and Swimwear Collections. Please note, we cannot accept online purchase returns at Ann Taylor, LOFT Outlet or Ann Taylor Factory store locations.

Ann Taylor was founded in 1954. Loft, originally Ann Taylor Loft, was established in 1998 as an extension of the original Ann Taylor brand, offers more relaxed fashions for work and home, in the "moderate" priced category.

Is Loft Cheaper Than Ann Taylor? Yes, Loft is cheaper than Ann Taylor. Loft and Ann Taylor are owned by the same parent company, Ann Inc. While both stores are similar, the clothing at Loft comes at a lower price point.

Why did Ann Taylor Loft close? ›

76 Ann Taylor, LOFT, and Lou & Grey stores are closing after parent company Ascena filed for bankruptcy — here's the list.

In July 2020, the decision was made to close all of the freestanding Lou & Grey stores after the parent company filed for Chapter 11 bankruptcy.

We encourage you to come visit and shop with us in store. We want to see you! Additionally, our sister brand, Lane Bryant, is available and happy to serve you in store and online. We urge you to see their latest collections and how their style fits you.

Our Company

ascena is a national specialty retailer offering apparel, shoes and accessories for women. Through our collective brands—including Ann Taylor, LOFT, Lane Bryant and Cacique—we serve women across generations, identities, affiliations and body types.

Dressbarn.com (branded as dressbarn) is an online retailer owned by Retail Ecommerce Ventures.

It's a relatively expensive brand and has a much sleeker product line as compared to other specialty retailers. 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.

When you see “Ann Taylor Factory” on labels and price tags, it's an outlet item. Ann Taylor and Ann Taylor Loft outlets carry mostly — or entirely — made-for-outlet clothing. On Ann Taylor and Ann Taylor LOFT pieces, look for “Factory” underneath the brand name.

99 Ann Taylor Stores in the United States.

The reality of the fashion market is that very respectable, though not true 'luxury' brands like Talbots, Liz Claiborne and Ann Taylor are delivering an investment in fashion that is most highly regarded by affluent customers loyal to these brands.”

Katherine Krill serves as the CEO / President of Ann Taylor. Laura Jacobs serves as the Chief Marketing Officer of Ann Taylor.

Do Ann Taylor shoes run true to size? ›

I would say Ann Taylor pumps tend to run about a half size bigger than pumps made by comparable retailers and about a size bigger than European shoemakers. However, I would urge you to try the shoes on yourself in stores to find the best fit. If you normally wear stockings at work, try these shoes on with stockings on.

J. Jill was founded in Great Barrington, Mass. In 1955, and was named after the owner's daughter Jill. It was sold to Talbots TLB 0.0% in 2006 who topped Liz Clayborne's bid for the brand by bidding $517 Million, In 2009 Gold Gate Capital acquired the company for a mere $63 million.

Chico's FAS is an American women's clothing and accessories retailer founded in 1983 on Sanibel Island, Florida. The company was founded by Marvin and Helene Gralnick and is headquartered in Fort Myers, Florida. Chico's FAS operates four brands: its namesake Chico's store, White House Black Market, Soma and TellTale.

I recall going to Talbot's with my grandmother as a youngster and even then it was categorized as 'the old lady store'. Yup, that is where all the older but fashionable women went before a night out a the jazz club with their husband's.

You will be able to use your rewards at Ann Taylor, anntaylor.com, LOFT and loft.com. Please keep in mind that your rewards cannot be used at Ann Taylor Factory Store, LOFT Outlet, Lou & Grey or louandgrey.com.

REDEEMABLE FOR MERCHANDISE AT LOFT, LOFT OUTLET, ANN TAYLOR, ANN TAYLOR FACTORY STORE, LOU AND GREY, LOFT.COM, ANNTAYLOR.COM, LOFTOUTLET.COM, ANNTAYLORFACTORY.COM AND LOUANDGREY.COM.

"There's really something for everything at Loft," Horowitz said, "that we don't specifically target [anyone, like,] 'we have to get the 25 to 34 year olds. ' It's really about that connection with her at an individual level." "Her" is the Loft girl.

loft.com Audience Demographics

loft.com's audience is 17.62% male and 82.38% female. The largest age group of visitors are 25 - 34 year olds (Desktop).

J. Jill's target audience is also a bit older than that of comparable brands, centered on 45- to 60-year-olds.

Founded in 1954, Ann Taylor became the go-to destination for professional women and set several styles on the map, including trousers and pants for women in the 1960s and 1970s and the ubiquitous 1980s power suit.

What is the most expensive part of a loft conversion? ›

Highest cost: A mansard loft conversion, or converting a modern engineered truss roof, can effectively mean replacing the whole of the existing roof structure with an additional attic storey and is the most expensive.

Apartments also come with walled-off bedrooms, while lofts are typically large open spaces that function as extra-large “studio" style apartments. The open-concept style of lofts makes them more of a “blank canvas" to design, but because lofts are so unique and in demand, they also come with a higher price tag.

Mansard Loft Extension Cost

The most expensive type of loft conversion on our list is, for sure, the mansard loft conversion because it is the most invasive technique to create additional space inside your house and involves changing the current roof structure.

Headquartered in New York, NY, Ann Taylor Stores Corporation is a retail chain for women's clothing offering classic suits, dresses, shoes and accessories. Ann Taylor Stores Corporation operates three clothing store divisions: Ann Taylor, Ann Taylor Loft and Anne Taylor Factory.

In Jan. 2022, Loft closed a location in Rockville, Maryland. This decision came after the retailer confirmed in 2020 that 30 of its 666 locations would close after its parent company Ascena filed for bankruptcy.

MAHWAH, N.J. -- The parent company of Ann Taylor, Loft and Justice says it will close all of its clothing stores in Canada. The closures are part of the Chapter 11 bankruptcy proceedings and restructuring the Mahwah, New Jersey-based Ascena Retail Group Inc. has begun in the wake of COVID-19.

FullBeauty Brands Operations, LLC. is an umbrella holding company with multiple brands under its label. These include: One Stop Plus, Woman Within, Roaman's, Catherine's, Jessica London, Ellos, Swimsuits For All, Brylane Home, King Size, Full Beauty Outlet, Shoes For All, and Intimates For All.

Ascena Retail Group

The Limited

Sycamore Partners

Premium Apparel, LLC

With a base purchase offer of $40.8 million for plus-size brand Catherines, plus apparel conglomerate FullBeauty emerged as the winner Wednesday at the Ascena brand's bankruptcy auction. The winning bid more than doubles the August $16 million stalking horse bid from City Chic.

Taylor is a highly respected New Zealand fashion brand that fosters individual creativity and experimentation while still ensuring incredible wearability. The boutique brand taylor was established by designer Vicki Taylor in 1999 for the time challenged woman.

What is the difference between loft and loft outlet? ›

Loft Outlet clothes are not former Loft regular store clothes sold elsewhere. Outlet stores get their own line of clothes and the tags have two small dots under the name. So you're not pulling the wool over anyone's eyes when you try to return outlet clothes to the regular store.

Ascena Retail Group said Monday it's winding down its Dressbarn business and plans to shut all 650 or so of the women's clothing stores in order to focus on its more profitable brands. Ascena, which also owns apparel chains Ann Taylor and Loft, said the decision wasn't an easy one.

NYC. Founded in 2017 by Josh Goot and Christine Centenera, WARDROBE. NYC is the world's first true-luxury direct-to-consumer concept.

Clothing is targeted for fashion forward career women. Ann Taylor was founded in 1954. Loft, originally Ann Taylor Loft, was established in 1998 as an extension of the original Ann Taylor brand, offers more relaxed fashions for work and home, in the "moderate" priced category.

The company's brands, including Ann Taylor, Lane Bryant and Loft, were later sold to private equity firm Sycamore Partners. Mahwah now exists solely to wind down its estate.

It's a relatively expensive brand and has a much sleeker product line as compared to other specialty retailers. 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.

Yes, Loft is cheaper than Ann Taylor. Loft and Ann Taylor are owned by the same parent company, Ann Inc. While both stores are similar, the clothing at Loft comes at a lower price point. Loft also carries clothing that is a bit more trendy, casual, and youthful.

"There's really something for everything at Loft," Horowitz said, "that we don't specifically target [anyone, like,] 'we have to get the 25 to 34 year olds. ' It's really about that connection with her at an individual level." "Her" is the Loft girl.

Unwashed, unworn and defective merchandise may also be returned or exchanged at any LOFT store location, with the exception of merchandise from the Maternity and Swimwear Collections. Please note, we cannot accept online purchase returns at Ann Taylor, LOFT Outlet or Ann Taylor Factory store locations.

Joel Weiss - Owner - Mason Jar | LinkedIn.