Ascena Retail Group Files Bankruptcy, Citing Covid-19 as the Main Culprit
The apparel company oversees brands such as Ann Taylor, Loft and Lane Bryant

Ann Taylor is one of several retail banners operated by apparel group Ascena, which filed for Chapter 11.
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Ascena Retail Group, the parent of brands such as Ann Taylor and Loft, filed for Chapter 11 bankruptcy protection this morning in Virginia, the company announced.