in bankruptcy court filings, ascena disclosed that 10 ann taylor stores, 28 ann taylor factory stores, nine loft stores, 21 loft outlet stores, and eight lou & grey stores will close. ascena retail group, the conglomerate behind women's apparel brands ann taylor, lane bryant and catherines, filed for chapter 11 bankruptcy thursday and said it. ascena retail group inc. , owner of the ann taylor and lane bryant clothing chains, will close more than half its stores and hand control to its lenders after the covid. on thursday, ascena retail group filed for chapter 11 bankruptcy and announced plans to close approximately 1,100 stores. Among those 1,100 stores are 10 ann taylor. the parent company behind the ann taylor, lane bryant, justice and lou & grey clothing brands filed for bankruptcy thursday and said it would close all of its 264 catherines stores. ascena retail group — the parent company of ann taylor, loft, lou & grey, lane bryant, catherines, cacique, and justice — on thursday, with plans to. long island, ny — in another blow to brick and mortar retail, the parent company that owns ann taylor and lane bryant has filed for chapter 11 bankruptcy.
