Ann Taylor sales increase by 5%, LOFT by 6%

Ascena Group reported in the annual income statement that Ann Taylor had a 5% comparable sales increase of $36.6 million, and there was  a 6% comparable sales increase of $92.9 million at LOFT. The group also reported a $15.7 million decline in non-comparable sales, comprised of:
– a $13.2 million decline from 11 net Ann Taylor store closures, and
– a $2.5 million decline from 3 net LOFT store closures.

BRAND MENTIONED