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Ann Inc. expands Loft into Mexico | Chain Store Age
Ann Inc. expands Loft into Mexico New York – Ann Inc. is opening its first Loft store in Mexico, continuing the company's international expansion. The store is located in the Antea Lifestyle Center in Queretaro, with additional locations planned for later this year in Mexico City's Parque Toreo Mall and Puebla's Angelopolis Mall. Ann Inc. is working with its franchise partner Grupo Axo to establish its retail presence in Mexico. "Entering Mexico is a natural next step in our international expansion strategy that takes advantage of our brands' strong recognition and client loyalty throughout North America,” said Kay Krill, president and CEO of Ann Inc. “This developing strategy is integral to our efforts to continue to grow our client base and further broaden our geographic reach, following our successful entry into Canada in fall 2012.”
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