Ascena Retail Group, parent of women's apparel chains such as Ann Taylor and Loft, saw its third-quarter sales slide 45% because of the coronavirus pandemic and is "evaluating all options" to preserve its ongoing businesses.
With Sales Down and Debt Rising, Ann Taylor Parent Goes Into Preservation Mode
New Jersey-Based Women's Apparel Retailer Says It’s ‘Evaluating All Options’ Amid Coronavirus Pandemic
By Linda Moss
CoStar News
May 28, 2020 | 10:27 P.M.
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