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New company launched to include Ann Taylor, Loft and Talbots

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Together, the brands generate more than $3 billion in annual sales, according to a release.

The Ann Taylor factory store at Tanger Outlets in Derry Township. July 17, 2023. Dan Gleiter | dgleiter@pennlive.comPrivate equity firm Sycamore Partners has launched KnitWell Group, a new holding company that combined three apparel brands – Ann Taylor, Lot and Talbots.“KnitWell is a collection of powerful brands that, in aggregate, have been providing customers with the fashions they want for nearly 300 years,” said Lizanne Kindler, current Chief Executive Officer of Talbots.

The brands have 30,000 combined employees. The new company will also provide oversight and shared services to Lane Bryant, a plus-sized women’s apparel brand. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. By browsing this site, we may share your information with our social media partners in accordance with our

 

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New company launched to include Ann Taylor, Loft and TalbotsAll three retailers have a presence in central Pennsylvania.
Fonte: PennLive - 🏆 463. / 53 Consulte Mais informação »