Content about Ann Taylor

March 14, 2014

Ann Inc., owner of Ann Taylor and Loft, on Friday reported better-than-expected fourth-quarter profit but forecast a lower-than-expected outlook for the year.

New York – Ann Inc., owner of Ann Taylor and Loft, on Friday reported better-than-expected fourth-quarter profit but forecast a lower-than-expected outlook for the year. The retailer also announced a strategic realignment that includes integrating stores and e-commerce and will result in the loss of about 100 corporate jobs.

March 14, 2014

Ann Inc., owner of Ann Taylor and Loft, on Friday reported better-than-expected fourth-quarter profit but forecast a lower-than-expected outlook for the year.

New York – Ann Inc., owner of Ann Taylor and Loft, on Friday reported better-than-expected fourth-quarter profit but forecast a lower-than-expected outlook for the year. The retailer also announced a strategic realignment that includes integrating stores and e-commerce and will result in the loss of about 100 corporate jobs.

February 6, 2014

Ann Inc., parent company of Ann Taylor and The Loft, expects net sales and same-store sales to increase for the fourth quarter and full year fiscal 2013, on a year-over-year basis.

New York – Ann Inc., parent company of Ann Taylor and The Loft, expects net sales and same-store sales to increase for the fourth quarter and full year fiscal 2013, on a year-over-year basis. For the full year, Ann Inc. issued guidance for total net sales of $2.49 billion, reflecting a total net sales increase of 5% and a same-store sales increase of 2%.

August 23, 2013

Ann Inc. reported that its second quarter net income rose a better-than-expected 16% to $35.6 million, with strong performances from both its Ann Taylor and Loft banners.

New York -- Ann Inc. reported that its second quarter net income rose a better-than-expected 16% to $35.6 million, with strong performances from both its Ann Taylor and Loft banners. Similar to many other retailers in recent weeks, the chain trimmed its full-year revenue forecast.

Revenue for the period ended Aug. 3 increased 7% to $638.2 million.
 
Same-store sales rose 2.8%, with a 3.1% rise at Ann Taylor and a 2.5% lift at Loft.

June 6, 2013

Ann Inc., which runs the Ann Taylor and Loft, reported that its fiscal first-quarter net income dropped 27%, as unseasonably cold weather held back sales of spring and summer clothing and led to discounts.

New York -- Ann Inc., which runs the Ann Taylor and Loft,  reported that its fiscal first-quarter net income dropped 27%, as unseasonably cold weather held back sales of spring and summer clothing and led to discounts. The retailer also cut its revenue outlook for the year.

March 8, 2013

Ann Inc., parent of Ann Taylor and Loft, said that its fourth-quarter profit rose to a better-than-expected $2.37 million from $2.18 million a year earlier.

New York -- Ann Inc., parent of Ann Taylor and Loft, said Friday that its fourth-quarter profit rose to a better-than-expected $2.37 million from $2.18 million a year earlier.

Sales rose 7.2% to $607.7 million. Total company store- sales for the quarter decreased 0.7%. By brand, same-store sales increased 1.4% across the Ann Taylor brand and fell 2.1% across the Loft brand.

January 24, 2013

Ann Inc. said that actress Kate Hudson will continue her role as the face of Ann Taylor for its spring and summer 2013 campaigns.

New York -- Ann Inc. said Thursday that actress Kate Hudson will continue her role as the face of Ann Taylor for its spring and summer 2013 campaigns.

However, said the retailer, this year Hudson's role will grow as both a design influence and charitable ambassador as well. For the summer collection, she will be developing a capsule collection for the brand. In addition, Hudson will join the Advisory Council for the company's ANNpower Vital Voices Initiative, a program that supports the empowerment of young women.

October 10, 2012

By Michael Dart, Todd Hooper and Jay Agarwal

By Michael Dart, Todd Hooper and Jay Agarwal

Although it isn’t as sexy as luxury or as dramatic as discount, the space somewhere in between is heating up.

In fact, recent deal activity suggests that retailers that cater to both low- and high-income segments — those serving “the middle” — have tremendous potential.

October 5, 2012

Ann Taylor announced it opened its first international store on Oct. 4, in the Toronto Eaton Centre, Toronto.

Toronto -- Ann Taylor announced it opened its first international store on Oct. 4, in the Toronto Eaton Centre, Toronto.

A second international store set to open this November in Toronto at the Yorkdale Shopping Centre.

 

October 5, 2012

Ann Taylor announced it opened its first international store on Oct. 4, in the Toronto Eaton Centre, Toronto.

Toronto -- Ann Taylor announced it opened its first international store on Oct. 4, in the Toronto Eaton Centre, Toronto.

A second international store set to open this November in Toronto at the Yorkdale Shopping Centre.

 

September 11, 2012

Ann Taylor on Oct. 5 will open its first store outside of the United States, in the Toronto Eaton Centre.

New York -- Ann Taylor on Oct. 5 will open its first store outside of the United States, in the Toronto Eaton Centre. The company will open a second store in Canada, located in Toronto’s Yorkdale Shopping Centre, in November.

September 11, 2012

Ann Taylor on Oct. 5 will open its first store outside of the United States, in the Toronto Eaton Centre.

New York -- Ann Taylor on Oct. 5 will open its first store outside of the United States, in the Toronto Eaton Centre. The company will open a second store in Canada, located in Toronto’s Yorkdale Shopping Centre, in November.

August 17, 2012

Ann Inc. reported that profit for the second quarter rose 24% to $30.7 million, compared with $24.8 million in the year-ago period.

New York -- Ann Inc. reported Friday that profit for the second quarter rose 24% to $30.7 million, compared with $24.8 million in the year-ago period.

Same-store sales companywide increase 4.7%; by brand, Ann Taylor store comps increased 3.2% and Loft comps rose 4.1%.

The company raised its outlook for the full year of fiscal 2012, and also said that it is on track to open approximately 65 new stores this year, partially offset by the impact of downsizes at Ann Taylor stores and approximately 30 store closures. 
 

August 2, 2012

Indianapolis-based Simon Property Group said that Ann Taylor Loft will open a store this fall at outlet and value shopping destination Colorado Mills, located in the Denver suburb of Lakewood.

Lakewood, Colo. -- Indianapolis-based Simon Property Group said that Ann Taylor Loft will open a store this fall at outlet and value shopping destination Colorado Mills, located in the Denver suburb of Lakewood.

Loft will be located near Saks Fifth Avenue Off 5th, Ann Taylor Factory Outlet and Banana Republic Factory Store.
 

July 20, 2012

Ann Taylor Loft on July 24, will celebrate the grand opening of its new store at Woodbury Common Premium Outlets, in Central Valley, N.Y.

New York -- Ann Taylor Loft on July 24, will celebrate the grand opening of its new store at Woodbury Common Premium Outlets, in Central Valley, N.Y.

DGC Capital Contracting Corp., Mount Vernon, N.Y., served as general contractor for the new Ann Taylor Loft. The contractor took down two existing stores to create the space for the new 7,500-sq.-ft. Loft store.

June 29, 2012

New York & Co. has named former Ann Taylor executive Laura Weil as its new COO.

New York -- New York & Co. has named former Ann Taylor executive Laura Weil as its new COO.

Weil, who has served as a consultant at the company since February, was Ann Taylor COO from 2008 to 2011.
 

June 6, 2012

Loft, a division of Ann Inc. — formerly known as Ann Taylor — will open its first Canadian location at Yorkdale Shopping Centre in Toronto, Ontario, in late 2012.

Toronto -- Loft, a division of Ann Inc. — formerly known as Ann Taylor — will open its first Canadian location at Yorkdale Shopping Centre in Toronto, Ontario, in late 2012.

"Canada represents a natural step as we move to expand internationally, and we are excited to open our first store outside the U.S. in such a vibrant city like Toronto," said Gary Muto, brand president.

May 24, 2012

Ann Inc. announced that it will open two stores in Toronto, in fall 2012, marking the apparel retailer’s first foray outside the United States.

New York -- Ann Inc. announced Thursday that it will open two stores in Toronto, in fall 2012, marking the apparel retailer’s first foray outside the United States.

“Toronto is the perfect location to open our first international stores. It is a beautiful city filled with modern, sophisticated women who lead busy lives, and we are excited to bring a trusted fashion destination that offers great style as well as incredible versatility,” said head designer Lisa Axelson.

April 20, 2012

Ann Inc., the parent company of Ann Taylor and Loft, announced the launch of AnnCares360, a program in partnership with Good360, a nonprofit leader in product philanthropy.

New York -- Ann Inc., the parent company of Ann Taylor and Loft, announced the launch of AnnCares360, a program in partnership with Good360, a nonprofit leader in product philanthropy. The program will facilitate the donation of available displays, marketing items, and fixtures to local charities that support women and children.

April 2, 2012

Specialty retailer Charming Charlie announced the appointment of four retail executives as part of the ongoing development of the company’s internal structure and another step in its ongoing national expansion, including the opening of 60 retail locations in 2012.

Houston -- Specialty retailer Charming Charlie announced the appointment of four retail executives as part of the ongoing development of the company’s internal structure and another step in its ongoing national expansion, including the opening of 60 retail locations in 2012.

February 2, 2012

Ann Inc. said that the president of its Ann Taylor brand, Christine Beauchamp, is leaving to pursue other opportunities.

New York City -- Ann Inc. said that the president of its Ann Taylor brand, Christine Beauchamp, is leaving to pursue other opportunities. She will be replaced by Brian Lynch, who had been president of the Ann Taylor Factory and Loft Outlet divisions and led the website sales for those brands.

The news came as the chain cut its revenue prediction for the quarter that ended in January to a level below analyst expectations, citing slumping sales at its Ann Taylor stores. 

November 18, 2011

Ann Inc., formerly known as Ann Taylor, reported a 33.4% rise in quarterly net income to $32.3 million, beating analysts’ estimates.

New York City -- Ann Inc., formerly known as Ann Taylor, reported a 33.4% rise in quarterly net income to $32.3 million, beating analysts’ estimates.

The company’s performance was boosted by strong demand for its Loft brand, where same-store sales rose 7.9%. Same-store sales rose 2.5% at Ann Taylor. Comp-sales were up 45.8% in the Ann Taylor e-commerce channel and 1.8% in the Ann Taylor Factory channel. Total same-store sales were up 5.5%.

November 11, 2011

Dallas-based SRS Real Estate Partners said that Athleta, a division of Gap, has signed a lease for 5,833 sq. ft. to build and operate one of its first suburban stores in New York at Vernon Hills Shopping Center in Scarsdale/Eastchester, N.Y.

Scarsdale, N.Y. -- Dallas-based SRS Real Estate Partners said that Athleta, a division of Gap, has signed a lease for 5,833 sq. ft. to build and operate one of its first suburban stores in New York at Vernon Hills Shopping Center in Scarsdale/Eastchester, N.Y.

A spring 2012 opening is planned.

November 11, 2011

Fashion Place, in Murray, Utah, celebrates a grand re-opening on Nov. 11 with the opening of first-to-market stores Crate and Barrel and H&M, as well as openings of The North Face, Bastille, Ann Taylor and Loft.

Murray, Utah -- Fashion Place, in Murray, Utah, celebrates a grand re-opening on Nov. 11 with the opening of first-to-market stores Crate and Barrel and H&M, as well as openings of The North Face, Bastille, Ann Taylor and Loft. The new store openings kick-off the grand re-opening of the center’s redevelopment, which includes 98,000 sq. ft. of new retail offerings and an expanded entranceway to the community.

November 11, 2011

Fashion Place, in Murray, Utah, celebrates a grand re-opening on Nov. 11 with the opening of first-to-market stores Crate and Barrel and H&M, as well as openings of The North Face, Bastille, Ann Taylor and Loft.

Murray, Utah -- Fashion Place, in Murray, Utah, celebrates a grand re-opening on Nov. 11 with the opening of first-to-market stores Crate and Barrel and H&M, as well as openings of The North Face, Bastille, Ann Taylor and Loft. The new store openings kick-off the grand re-opening of the center’s redevelopment, which includes 98,000 sq. ft. of new retail offerings and an expanded entranceway to the community.