Friday, December 11, 2020

Sycamore snaps up Ann Taylor, other remaining Ascena brands for $540M

Retail Dive
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. . . . more