Ann taylor stores near me

Ann Inc.

American clothing company

FormerlyAnn Taylor Stores
(–)
Company typeSubsidiary

Traded as

NYSE:&#;ANN
IndustryRetail
Founded; 71&#;years ago&#;(), in New Haven, Connecticut, U.S.

(as Ann Taylor Stores)

FounderRichard Liebeskind
HeadquartersTimes Square Tower,
New York City, New York, U.S.

Key people

RevenueUS$ million (Q2 )[1]

Operating income

US$ million (Q2 )[1]

Net income

US$ million (Q2 )[1]
Total assetsUS$ million (Q2 )[1]
Total equityUS$ million (Q2 )[1]

Number of employees

19, (Jan.

)[2]

ParentAscena Retail Group (–present)
DivisionsAnn Taylor
Loft
Lou & Grey
Ann Taylor Factory
Loft Outlet
WebsiteAnn Inc. (corporate)


Lou & Grey

Ann Inc. is an American group of specialty apparelretailchain stores for women.

The company is headquartered in New York City and currently operates as a subsidiary of Ascena Retail Group.

  • The stores offer classic-styled suits, separates, dresses, shoes and accessories. The brand is marketed under five divisions: Ann Taylor, Loft, Lou & Grey,[3] Ann Taylor Factory, and Loft Outlet.

    History

    Richard Liebeskind, the founder of Ann Taylor, opened his first Ann Taylor store in New Haven, Connecticut, in [4][5] "Ann Taylor" was the name of a best-selling dress at Liebeskind's father's store.

    Both the best-selling dress and the name Ann Taylor were given by the father to his son, Richard Liebeskind,[6] for good luck.[7] Liebeskind decided to go with the name Ann Taylor because Ann was considered a very New England name, and Taylor evoked the image of tailored clothing. The name supposedly created the ideal identity of classic women's apparel.

    In May , the company completed an initial public offering resulting in aggregate net proceeds of approximately $ million.[4]

    In March , the company changed its name to Ann Inc., from Ann Taylor Stores Corporation.[8] As of October 27, , the total store count was of Ann Taylor stores, Ann Taylor Factory stores, Loft stores, and 92 Loft Outlet stores, as well as online at and [9]

    On May 18, , Ascena Retail Group announced a $ billion acquisition of Ann Inc.[10] The buyout was completed on August 21, Ann Inc.

    will operate as an Ascena Retail Group subsidiary going forward.[11]

    In , Ann Taylor launched a subscription rental service called Infinite Style.[12] Loft followed up in with Infinite Loft subscription, a size inclusive subscription business.[13]

    Divisions

    Ann Taylor is a small US chain of clothing stores for women.

    Clothing is targeted for fashion forward career women. Ann Taylor was founded in

    Loft, originally Ann Taylor Loft, was established in as an extension of the original Ann Taylor brand, offers more relaxed fashions for work and home, in the "moderate" priced category. The selection provided at Loft initially was a more casual replica to that of the regular Ann Taylor; however, it has developed into its own brand, and now is known as a casual lifestyle brand.

    Loft also offers maternity clothing.[14]

    Lou & Grey sells relaxed, comfortable athleisure items and active-wear inspired fashion.[3]

    Ann Taylor Factory offers merchandise inspired by Ann Taylor stores, but manufactured for Ann Taylor Factory.

    Loft Outlet offers a Loft-based outlet environment, similar to the current Ann Taylor Factory stores, with unique Loft Outlet merchandise mirrored from popular and best-selling Loft products.

    Ann taylor returns: Company History: Through its wholly owned subsidiary, AnnTaylor Inc., AnnTaylor Stores Corporation is a retailer of women's apparel, with stores in major downtown city locations and shopping malls across the United States.

    There are currently Loft Outlet stores throughout the United States.

    Special collections

    Ann Taylor Celebrations was launched in August ; it is a signature collection featuring dresses, wraps, sashes, shoes, and bags. Each piece in the collection is dyed to match. The collection can be worn for occasions from wedding parties to black tie and special events.

    In , this line began being offered online only and was phased out in

    Ann Taylor Collections was launched and consists of luxury apparel, accessories, and shoes made using Italian made fabrics and yarns. The craftsmanship is of an elevated value and the price point is higher than other pieces. It is no longer produced.

    Ann Taylor Beauty consists of fragrance and bath and body products that were to be available in all Ann Taylor stores beginning late or early The Possibilities fragrance was released in November The body care line consisted of body mist, lotion, and body wash, and came in six scents.

    History of ann taylor stores colorado Overall American Eagle Outfitters is definalty a store to check out, they seem very down to earth, which is very hard to find in clothing stores now an days. The company was first founded in when he had designed his first tie. Ralph had shown his boss a tie that he had created and at first he wasn't really sure what to think about it. Shortly after he was given a drawer at the empire state building to work out of. Ralph Lauren brought his final product to a company named bloomingdale's.

    It is no longer produced.

    Loft Maternity was released in Summer under the motto "Because you have a LOFT to expect." While at first the LOFT Maternity line included only mid-range sizes, it expanded to include all Loft sizes (00–18) in Fall As of Summer , LOFT Maternity operates exclusively online, using the tag line, "Clothes so stylish and comfortable you'll wish you could wear them for more than nine months."[14]

    Flagship stores

    Ann Taylor has two flagship locations:

    The company also has a Loft flagship store:

    Bankruptcy of Ascena

    On July 23, , Ascena, parent company of Ann Inc.

    filed for Chapter 11 bankruptcy, citing the COVID pandemic and subsequent shutdowns as having "severely disrupted" its financial foundation. Stores with locations to be closed include Ann Taylor, LOFT, Lane Bryant and Lou & Grey stores, including all stores across brands in Canada, Puerto Rico and Mexico, as well as all Catherine Stores and a "significant number" of Justice stores.[15]

    Emergence from bankruptcy

    On Dec.

    23, , Ascena announced that it had completed the sale of the Ann Taylor, LOFT, Lou & Grey, and Lane Bryant brands to Premium Apparel LLC, an affiliate of private equity firm Sycamore Partners. Premium Apparel stated that it had committed to retaining a substantial portion of the retail stores, associates, and corporate operations affiliated with these brands.[16]

    See also

    References

    1. ^ abcde"ANN INC.

      Reports Second Quarter Results". Archived from the original on January 26, Retrieved August 22,

    2. ^"Ann Taylor, Form K, Annual Report, Filing Date Mar 9, "(PDF). Retrieved January 11,
    3. ^ abMoore, Booth. "New Ann Taylor brand Lou & Grey taps into active-wear fashion trend".

      Los Angeles Times. Retrieved December 2,

    4. ^ ab"Ann Taylor, Form K, Annual Report, Filing Date Mar 31, ". Retrieved January 11,
    5. ^"Ann Taylor About Us". Archived from the original on October 17, Retrieved January 11,
    6. ^"ANN INC.

      Careers". . Archived from the original on July 31, Retrieved May 28,

    7. ^"Ann Taylor Profile - ". . Retrieved May 28,
    8. ^"Ann Taylor, Form 8-K, Current Report, Filing Date Mar 16, ".

      Ann Inc. The stores offer classic-styled suits, separates, dresses, shoes and accessories. Both the best-selling dress and the name Ann Taylor were given by the father to his son, Richard Liebeskind, [ 6 ] for good luck. The name supposedly created the ideal identity of classic women's apparel. In March , the company changed its name to Ann Inc.

      Retrieved January 11,

    9. ^"Ann Taylor, Form 8-K, Current Report, Filing Date Nov 28, ". Retrieved January 11,
    10. ^"Ascena Buying Ann Taylor Parent For $ Billion". Forbes. May 18, Retrieved August 25,
    11. ^"Ascena Retail Group completes approximately $2 billion acquisition of Ann".

      Fox Business.

      For Ann Taylor and its sister brand LOFT, the filing marks the culmination of several years of slumping sales and dwindling foot traffic, challenges worsened by the coronavirus outbreak. However, for decades, Ann Taylor made a name for itself by helping American women get dressed for work, with its classic tailored styles and a wide range of crisp button-downs and sharp suits. Founded in , 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 s and s and the ubiquitous s power suit. As it evolved over the years, the company expanded to include spinoff brands like Ann Taylor Loft — later renamed just LOFT — to diversify its customer base and appeal to younger professional women seeking to upgrade their wardrobes. In the early s, Ann Taylor continued to act as a major player in the New York fashion scene, attracting celebrities and notable figures like Anna Wintour and Annie Leibovitz to its fashion shows and parties.

      August 21, Retrieved August 25,

    12. ^Horowitz, Julia (November 3, ). "Ann Taylor is getting in on the subscription clothing craze". CNN Business. Retrieved July 23,
    13. ^Yates, Jacqueline Laurean (May 9, ). "Loft launches size-inclusive clothing rental service for under $65 a month".

    14. Ann taylor store locations
    15. Ann taylor nyc closed
    16. Ann taylor loft
    17. Ann taylor factory
    18. Ann taylor nyc locations

      19. Good Morning America. Retrieved July 3,

    19. ^ ab, The FMD-. "LOFT by Ann Taylor - Fashion Brand | Brands | The FMD". The FMD - .

      History of ann taylor stores Through its wholly owned subsidiary, AnnTaylor Inc. Noted for its classic, tailored designs for career women, AnnTaylor strives to provide what is referred to as "a head to toe concept of dressing with an edited assortment of tasteful, fashion-updated classic apparel and accessories in a one-stop shopping environment. Interestingly, there was never an actual Ann Taylor; the name was simply selected to characterize the target customer. The company's line of classic clothing became popular and eventually new shops were opened primarily in such eastern college towns as New Haven, Providence, Boston, Cambridge, and Georgetown. Under new management, AnnTaylor stores began to spread rapidly during the late s.

      Retrieved March 17,

    20. ^"Owner of Ann Taylor, Lane Bryant files for bankruptcy and will close some stores". The Hill. July 23, Retrieved July 23,
    21. ^"ascena retail group Completes Sale of Ann Taylor, LOFT, Lou & Grey and Lane Bryant to Sycamore Partners" (Press release).

      December 23,

    External links