Ann Taylor sold

The parent company of Ann Taylor and Loft is going to be bought by the company that now owns Dressbarn and Lane Bryant: http://mobile.nytimes.com/invi.....&_r=0

8 years ago

Shopping

11 replies

Latest reply was from Nebraskim

Laura (rhubarbgirl)

(website)

Veteran

Sorry, link seems to be wonky, I'm on my phone. http://fortune.com/2015/05/18/.....ld-ascena/

8 years ago

chadya

Veteran

I think they have been on the market or looking for a buyer for a while.
This company has its headquarters in my state, which could be good for employment here

http://www.northjersey.com/new.....-1.1337489

8 years ago

Laura (rhubarbgirl)

(website)

Veteran

I think they've done a good job with both DB and LB in recent years, balancing trendiness with affordability. So I'm optimistic.

8 years ago

Susie

Veteran

My AT closed recently...I wonder if that was related to the sale. I've not been a fan of for quite a while now. I think the quality used to be so much better. This spring I bought several pieces at LOFT so I hope they stick around....plus it's about a mile from my house so super convenient too!

8 years ago

karymk

Veteran

Oh man, did not know. My AT closed too Susie!

8 years ago

freeda

(website)

Active Member

I hope that means that I can use my Dress Barn card at Ann Taylor.

8 years ago

Joy

Veteran

I was at the mall today and the AT was vacant but the Loft was still in business. I will miss it.

8 years ago

columbine(erin)

Veteran

I'm just becoming acquainted with Loft and hoping it doesn't change too much.

8 years ago

Anonymous

This is news! I will be at the mall on Friday and will make it a point to walk by both stores to check status.

I used to love Ann Taylor, but bought very little over the course of these past two years because I got tired of all the sales gimmicks. In time I didn't even bother to stop by the store. I doubt I will miss it.

8 years ago

annabelle

Veteran

I'm not a business analyst, but it makes sense in our economy and the demand for "fast fashion," that LOFT stores would be doing better than Ann Taylor. Ann Taylor styles are virtually replicated by what's available at Banana Republic, who has a bigger footprint. With the other end of the price spectrum, consumers appreciate a store that is more consistent and curated than the Rack, yet more budget conscious than AT.

It will be interesting to watch what happens under new ownership.

8 years ago

Nebraskim

Veteran

My niece, who worked for Ann Inc. in the Loft Outlet division, starts a new position with Nike next Tuesday. She moved yesterday from NYC to Portland, Ore. Sounds like she made a good decision. She had been looking to find a similar job in supply chain management for about a year.

8 years ago

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