Ann see potential for Lou & Grey brand

Ann Taylor (ANN +1.1%) says it will expand its new Lou & Grey concept to seven stores over the next several months.

Initial demand for Lou & Grey products is outpacing other brands at Ann.

The company plans to open Lou & Grey stores ranging in size from 1.8K to 2.7K square feet in Boston, Atlanta, Los Angeles, Chicago, Dallas, Denver, and Raleigh.

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