Private equity firm Sycamore Partners has vowed to retain "a substantial" number of Ascena Retail Group's stores after it acquires the company's flagship Ann Taylor, Lane Bryant, Loft and Lou & Grey brands for $540 million.
Private Equity Group Vows to Keep Many Stores Open in $540 Million Buy of Ann Taylor, Lane Bryant and Other Brands
Sycamore Partners is Also Buying Loft and Lou & Grey From Ascena Retail Group
By Linda Moss
CoStar News
November 27, 2020 | 9:38 P.M.
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