Done Deal: Ascena Retail sells Ann Taylor, other brands to SycamoreAscena Retail Group has completed the $540 million sale of Ann Taylor, Loft, Lane Bryant and Lou & Grey to Premium Apparel LLC, an affiliate of private equity firm Sycamore Partners. Ascena Retail selling Ann Taylor, Loft and other brands for $540 millionAscena Retail Group has entered into a deal that will greatly boost Sycamore Partners’ retail portfolio. Ascena Retail in deal to sell Justice for $35 million Ascena Retail Group is selling its tween girls apparel brand. Ann Taylor parent sells Catherines for $40.8 million Ascena Retail Group Inc., whose banners include Ann Taylor, Loft and Lane Bryant, is selling its plus-size Catherines brand for more than double what it was originally offered.
