Some Ann Taylor, Loft locations close as parent company files for bankruptcy

Some Loft, Ann Taylor, Lane Bryant and Lou & Grey stores will close as a result of parent company Ascena Retail Group filing bankruptcy.  (Courtesy Pexels)
Some Loft, Ann Taylor, Lane Bryant and Lou & Grey stores will close as a result of parent company Ascena Retail Group filing bankruptcy. (Courtesy Pexels)

Some Loft, Ann Taylor, Lane Bryant and Lou & Grey stores will close as a result of parent company Ascena Retail Group filing bankruptcy. (Courtesy Pexels)

Ascena Retail Group voluntarily filed for Chapter 11 bankruptcy July 23. Ann Taylor, Loft, Lane Bryant, Justice, Lou & Grey and Catherines are all Ascena brands. As a result of the bankruptcy, the business will close all Catherines locations; many Justice stores; and a few Ann Taylor, Loft, Lane Bryant and Lou & Grey stores nationwide, according to a press release from Ascena.


“Ann Taylor, Loft, Lane Bryant, Justice and Lou & Grey have incredibly loyal customers who are at the center of everything we do. These iconic brands have significant long-term potential and we continue to deliver on their mission to provide all women and girls with fashion and inspiration to live confidently every day,” Ascena Chief Executive Officer Gary Muto said a press release.
By Haley Morrison
Haley Morrison came to Community Impact Newspaper in 2017 after graduating from Baylor University. She was promoted to editor in February 2019. Haley primarily covers city government.


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