Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Ann Taylor and Loft Change Hands in Sycamore’s $540M Ascena Deal

Join Cotton Incorporated, Lectra, Accelerating Circularity, Public Habit and more on July 15 for Sourcing Journal's virtual Sustainability FAQs workshop to pull back the curtain on the circularity, traceability, net zero and inventory reduction concepts that could transform your business.

Bankrupt Ascena Retail Group Inc.’s exit strategy for its retail brands will be a sale to Premium Apparel LLC, an affiliate of private equity firm Sycamore Partners, for $540 million plus the assumption of certain liabilities. The transaction is set to close by the middle of December. Ascena said Thursday that the deal will include…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!