Ann Taylor Q4

Ann Taylor posted a bigger-than-expected quarterly profit on improved sales. The company, which said it'll change its corporate name to Ann Inc. to better reflect its multichannel focus, also forecast strong first-quarter sales. “Today, our company is far more than a traditional 'store-based' retailer,” stated Kay Krill, president and CEO. “We have two distinct brands — Ann Taylor and Loft — each of which operates across three channels and enables us to reach our client whether she is making her purchases at our stores, online or at our factory outlet

More Blogs