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Li & Fung to develop swimwear range for Loft
Li & Fung has announced an exclusive category licensing agreement with Loft to expand the latter’s offerings within the high-growth swimwear category. The company said in a release, Li & Fung will develop a new line of women’s swimwear that debuts for fall 2024 at full price retailers nationwide featuring an assortment of one-piece swimsuits,...
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Ann Taylor and Loft return to Canada through Centric Brands partnership
KnitWell Group brands Ann Taylor and Loft have struck up a new agreement with Centric Brands that will see them make a return to Canada through exclusive retail partner, Hudson’s Bay. The womenswear labels exited the region in 2020 after their former parent company, Ascena, filed for bankruptcy in the US. Now under new ownership, Ann Taylor and...
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Sycamore merges brands to form KnitWell Group
Private equity firm Sycamore Partners has formed a new holding company comprising apparel brands Ann Taylor, Loft and Talbots. Under the banner of KnitWell Group, the three labels generate more than three billion dollars in annual sales, positioning the group as one of the largest specialty apparel companies in the US, according to Sycamore....
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