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Fashion To Figure is a United States retailer focusing on plus-size clothing and related accessories. In November 2017, its parent company, B. Lane Inc., filed for bankruptcy. In November 2017, its parent company, B. Lane Inc., filed for bankruptcy.
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In 2012, Ascena Retail Group acquired Charming Shoppes, which was the parent holding company for Lane Bryant, Cacique and Catherines Plus, for $900 million. [ citation needed ] On May 18, 2015, Ascena Group agreed to a $2.16 billion acquisition of Ann Inc. , the parent company of clothing retailers Ann Taylor and Loft. [ 9 ]
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Charming Shoppes was founded in 1940, it went public in 1971, [3] and was ranked 927th on the 2012 Fortune 1000. [4] On May 2, 2012, Ascena Retail Group, the parent company of Dressbarn, announced that it would acquire Charming Shoppes with a $900 million transaction through a combination of cash in hand and $325 million of borrowings from credit facilities.
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