
Ascena inks US$540m deal to sell Ann Taylor and other brands
Ascena Retail Group has struck a deal to sell its Ann Taylor, Loft, Lane Bryant, and Lou & Grey brands to private equity firm Sycamore Partners for US$540m.

Ascena Retail Group has struck a deal to sell its Ann Taylor, Loft, Lane Bryant, and Lou & Grey brands to private equity firm Sycamore Partners for US$540m.