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    Another Bankruptcy At The Mall: Parent Company Of Ann Taylor, Loft Is Latest To Fail

    Ascena Retail Group is the latest clothing seller to try a restructuring during the pandemic, when demand has cratered. The firm, which also owns Lane Bryant and Justice, will close some stores.
    by Alina Selyukh Jul 23, 2020 1 minute
    A sign is shown at an Ann Taylor store in New York City on May 18, 2015. Ascena Retail Group, which owns Ann Taylor, Loft and Lane Bryant, has filed for bankruptcy.

    The parent company of Ann Taylor, Loft, Lane Bryant and several other clothing brands is joining the parade of apparel retailers to file for bankruptcy during the coronavirus crisis.

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