'Infinitely Loft' allows shoppers to rent a maximum of three Loft pieces for a flat monthly fee of $65, with available sizes ranging from 00 to 26 and XXS to XXL, in addition to petite, tall, plus and maternity.
The owner of Dressbarn, Ann Taylor and Lane Bryant, among others, revealed on Wednesday that, after more than two decades at the company, David Jaffe is retiring as CEO, a role in which he will be replaced by Gary Muto.
The struggling apparel group has announced that it is considering an IPO for its Madewell business, further revealing that Michael J. Nicholson will be taking over as the company’s interim CEO, effective immediately.
The back off from Abercrombie & Fitch on Monday about a potential sale shows that mergers and acquisitions for fashion retailers are not the easiest move, only braved by a select few and avoided after a certain age.
Following the departure of Jenna Lyons, J.Crew announced four executive appointments that aim to leverage the positive momentum of its Madewell brand, and also that it would be cutting 250 positions at its headquarters.