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KnitWell news and archive

BusinessMember

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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BusinessFeaturedMember

Chico’s FAS becomes part of Sycamore Partners KnitWell Group

Private equity firm Sycamore Partners has announced the completion of its acquisition of Chico’s FAS in an all-cash transaction valued at approximately one billion dollars. Following the acquisition, the apparel group is now a privately held company and part of KnitWell Group, a holding company created last year by the private equity firm that...

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