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Ann Taylor’s owner strongly hinted bankruptcy was imminent weeks ago when it awarded $5.5 million in “retention bonuses” so the executives who led it to the brink would stay on the job. The ...
Ann Taylor and Lane Bryant’s owner argues the business would be even worse off without its top executives, so they must be paid more to stay on the job and stabilize the situation.
Ascena Retail Group Inc., the distressed parent company of Ann Taylor and Lane Bryant, plans to pay about $5.5 million in cash retention and incentive awards to three executives, becoming the ...
Ascena Retail Group — the parent company of Ann Taylor, LOFT, Lou & Grey, Lane Bryant, Catherines, Cacique, and Justice — filed for Chapter 11 bankruptcy protection on Thursday, with plans to ...
The parent company of Ann Taylor, Loft, Lane Bryant and other clothing brands is joining the parade of apparel retailers to file for bankruptcy during the coronavirus crisis. The firm Ascena ...
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