How many women’s suits and dresses could you buy for $2.2 billion? For Ascena Retail Group, Inc. the answer is all of the suits and dresses sold in all of the Ann Taylor and LOFT stores. [More]
Ann Taylor will no longer carry size 16 items in their retail stores. “But they’re keeping it online,” our tipster Dena observed. “In other words, ‘Hey, wide load! Stay out of our stores! Oh, but keep giving us your cash.'”
H&M is the latest of the bargain clothing retailers to play the ‘limited edition’ game. A recent collection by Stella McCartney sold out at H&M hours after its debut—with no plans for restocking. It’s not the first time H&M has played the game: A collection last year by Karl Lagerfeld was also snapped up in hours.