Hudson's Bay Brings Ann Taylor and Loft Back to Canada [Yahoo! Finance]
Nordstrom, Inc. (JWN)
Last nordstrom, inc. earnings: 3/3 04:05 pm
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Source: Yahoo! Finance
As of Tuesday, 30 Ann Taylor shops and 60 Loft shops have opened inside Hudson's Bay department stores across Canada, marking the first time the brands have been in Canada since 2020. Ann Taylor and Loft products are also being sold online through Hudson's Bay at www.thebay.com. More from WWD Centric, which acts as the distribution partner for Canada, buys product from the same Ann Taylor and Loft range that is carried in the brands' stand-alone stores. Faced with increasing competition and declining sales, Ann Taylor and Loft began pulling out of Canada in 2019 as its then-parent company, the former U.S.-based Ascena Retail Group, was restructuring. A total of 37 Ann Taylor and Loft freestanding stores had been operating in Canada. Eventually, Ascena went bankrupt and was sold for $540 million to Sycamore Partners, a private equity firm that owns Talbots, The Limited and Torrid, among other brands. Sycamore also picked up the Lane Bryant and Lou & Grey retail brands through th
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JWN
Earnings
- 8/27/24 - Beat
JWN
Sec Filings
- 9/25/24 - Form 4
- 9/24/24 - Form 144
- 9/20/24 - Form 4
- JWN's page on the SEC website