Ann Taylor

The retail group was struggling with dated brands and declining revenue even before the coronavirus crisis.

The bankrupt owner of the Ann Taylor and Lane Bryant asked for a deferral in July, but a group of landlords argue it isn't reasonable because most of the company’s stores are operating despite the pandemic.

Ascena Retail Group had been struggling to contend with dated brands and merchandise and a shift to online shopping despite a string of acquisitions over the years.

Ascena Retail Group, which listed about $12.5 billion of debts, has entered into a restructuring support agreement with over 68 percent of its secured term lenders.

Fashion’s mistreatment of garment workers is widespread, but this week, allegations of ‘modern slavery’ at suppliers of British ultra-fast fashion label Boohoo have ignited a firestorm. Why now?