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Retail Group, Inc. (f/k/a Ascena Retail Group, Inc.) and 63 affiliated debtors filed for Chapter 11 bankruptcy in July 2020 and confirmed their Plan of Reorganization in March 2021. Find case information, important dates, parties, claims, and notices on this web page.
Jul 23, 2020 · Ascena Retail Group, the owner of Ann Taylor and other clothing brands, has filed for bankruptcy. It’s the latest retailer forced to take that step during the Covid-19 pandemic.
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Jul 23, 2020 · 114. Ascena Retail Group, which has filed for bankruptcy, acquired Ann Taylor in 2015 to attract customers willing to pay higher prices, but the strategy backfired. Sam Hodgson for The New...
Jul 23, 2020 · Ascena, the owner of Ann Taylor and Lane Bryant, filed for Chapter 11 in July 2020 amid the COVID-19 pandemic. The retailer had acquired several brands in the last decade, but struggled with declining sales, debt and competition in the apparel industry.
- Daphne Howland
Mar 4, 2021 · Ascena, owner of Ann Taylor and Lane Bryant, was acquired by private equity firm Sycamore Partners for $540 million in December 2020. A bankruptcy court approved the plan despite objections from Simon Property Group, which claimed Sycamore would violate the agreement by closing stores.
Jul 23, 2020 · The retailer of Ann Taylor, Loft, Lane Bryant and others enters into a restructuring agreement with its lenders to cut debt and close stores. The COVID-19 pandemic disrupted its growth and profitability, forcing it to file for bankruptcy protection.
Jul 23, 2020 · (Reuters) - Ascena Retail Group, owner of Ann Taylor and Lane Bryant, filed for Chapter 11 bankruptcy protection on Thursday, succumbing to the economic fallout of the COVID-19 pandemic...
