The owner of Talbots and Hot Topic has agreed to purchase Ann Taylor, Loft and Lane Bryant (2024)

FAQs

Are Talbots and Ann Taylor owned by the same company? ›

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.

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.

Bath & Body Works, Inc.

Ascena Retail Group

The Limited

Sycamore Partners

Premium Apparel, LLC

Premium Apparel LLC, an affiliate of Sycamore, bought Ann Taylor, LOFT, Lane Bryant and Lou & Grey brands from Ascena in December for $540 million, agreeing to keep at least 900 stores open.

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.

Sycamore Partners

Talbots / Parent organization

Sycamore Partners is a private equity firm based in New York specializing in retail and consumer investments. The firm has approximately $10 billion in aggregate committed capital.

Wikipedia

In 1948, the Talbots launched a direct mail business by distributing 3,000 fliers to names obtained from The New Yorker magazine. In 1973, they sold the company, consisting of a growing catalog enterprise and five stores, to General Mills.

Unwashed, unworn and defective merchandise may also be returned or exchanged at any Ann Taylor 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 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.

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

Which is more expensive Loft or Ann Taylor? ›

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.

The brand launched its plus size line just three years ago. Come fall, LOFT will reportedly stop offering plus size clothing options, and instead only carry up to size 18, according to social media comments from the brand on both Instagram and Twitter this week.

Talbots is making great strides to become a cult brand for women between the ages of 45 to 65 years old and right now it is focusing on reclaiming its brand DNA and sense of style.

"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.

The only thing better than getting to tell everyone, “Oh, I just threw this on” is actually just trowing it on, and looking amazing in it. This is why we love LOFT, Ann Taylor's cheaper sister store. Their fashions are comfy, versatile and totally effortless (and they're way cheaper than Ann Taylor).

Talbots is the first to close up shop.

According to the spokesperson, the clothing store's lease is up at the end of January, and the company has chosen not to renew it. The closure was "mutually agreed upon," the spokesperson told Providence Business News.

Talbots tops the list of fashion brands — Talbots' brand loyalists rate their brand tops in connecting with the consumer. It rates highest of all brands in investment and being better than the competition. It also gets top marks in honesty and integrity.

Wholly Owned Subsidiary of The Talbots, Inc. The J. Jill Group Inc., purchased by The Talbots, Inc., in 2006, is an upscale specialty marketer of women's apparel, accessories, and gifts under the J. Jill brand.

Talbots, 2023

23, a spokesperson for Talbots told the outlet. According to the spokesperson, the clothing store's lease is up at the end of January, and the company has chosen not to renew it. The closure was "mutually agreed upon," the spokesperson told Providence Business News.

During the first three quarters of 2020, Talbots' revenue fell by 40 percent, the agency found, promoting the retailer to take “aggressive action” to preserve cash.

Who are Talbots top competitors? ›

Taylor's Return Policy

If you are not completely satisfied with your purchase for any reason, simply return the unused item or items within ninety (90) days of purchase for a refund. Sale and Clearance merchandise may be returned within thirty (30) days of purchase.

You can redeem your rewards at all the places you already love to shop: Ann Taylor, Ann Taylor Factory, LOFT and LOFT Outlet. And rewards are just as easy to redeem whether you're shopping online or in-store.

You are free to wear whatever you like at whatever age.

Wear appropriate interviewing attire, but avoid looking drab. Use your clothing to express your quality fashion sense and individuality. If possible, wear clothing sold at Ann Taylor. The fashion retailer wants to hire brand advocates that exude genuine passion for the Ann Taylor clothing.

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.

Company Profile: Ann Taylor, the 18th largest apparel retailer in the U.S., sells women's fashion apparel at its Ann Taylor, Ann Taylor Loft and outlet stores. Ann Taylor products are manufactured at 236 sites around the world, most of them in Asia. More Ann Taylor clothing is made in China than in any other country.

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.

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.

Is Ann Taylor clothing good quality? ›

Ann Taylor has a rating of 4.14 stars from 285 reviews, indicating that most customers are generally satisfied with their purchases. Ann Taylor ranks 178th among Women's Clothing sites.

Ascena Retail Group has completed the sale of its premium brands, including Ann Taylor, Loft, Lou & Grey, and Lane Bryant, to Premium Apparel LLC, an affiliate of Sycamore Partners. The sale, first announced in November and priced at $540 million, comes as the Mahwah, New Jersey-based Ascena works to exit bankruptcy.

As a general rule, plus-size models are defined by the fashion industry as anyone larger than a size 6. These days, however, most women deemed plus-size models are a size 12/14 or higher, bringing the industry's perception of what counts as plus-size a little more in line with that of the public.

As a guide a well built and perfectly appointed loft conversion can add between 10–20% to the value of your home, according to Ideal Home.

Initially there won't be any mess at all. We are minimizing dust and basically any kind of disturbance by entering the site via scaffolding. Whenever we do need to come through the house, we use dust sheets and hoover up after.

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.

UPDATE: December, 10, 2020: Over objections from the U.S. Trustee, a judge in the U.S. Bankruptcy Court for the Eastern District of Virginia in Richmond on Tuesday approved Ascena's sale of the Ann Taylor, Loft, Lane Bryant and Lou & Grey brands to Sycamore Partners for $540 million.

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.

Ann Taylor will accept your return or exchange of unworn, unwashed and defective merchandise by mail or online. Unwashed, unworn and defective merchandise may also be returned or exchanged at any Ann Taylor store location, with the exception of merchandise from the Maternity and Swimwear Collections.

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.

Can you use a loft gift card at Ann Taylor? ›

Redeemable for merchandise at LOFT, LOFT OUTLET, ANN TAYLOR, ANN TAYLOR FACTORY STORE, LOU & GREY, LOFT.COM, ANNTAYLOR.COM, LOFTOUTLET.COM, ANNTAYLORFACTORY.COM and LOUANDGREY.COM. Not valid outside of the US and Puerto Rico.

New York, NY

Ann Inc. / Headquarters

The Woman Within name wasn't entirely new to Redcats USA. It was the name of an intimates specialty Lane Bryant catalog, and management's thinking was that the name would work well to represent the overall Lane Bryant brand.

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.

Talbots. Women's clothing store Talbots is among apparel retailers at risk. The company is facing sector challenges, as many consumers have turned away from malls amid the pandemic. Talbots doesn't have much cash on hand, and it's debt is coming due soon, analysts said.