Company Profile For AnnTaylor Stores Corporation

AnnTaylor Stores Corporation, through its wholly owned subsidiaries, is a national specialty retailer of women’s apparel, shoes and accessories sold under the Ann Taylor, LOFT, Ann Taylor Factory and LOFT Outlet brands. The stores offer a range of career and casual separates, dresses, tops, weekend wear, shoes and accessories, coordinated as part of a strategy to provide modern styles that are versatile across all occasions and needs. During the fiscal year ended January 31, 2009 (fiscal 2008), the Company operated 935 retail stores in 46 states, the District of Columbia and Puerto Rico, of which 320 were Ann Taylor stores, 510 were LOFT stores, 91 were Ann Taylor Factory stores and 14 were LOFT Outlet stores.

BRIEF: For the six months ended 1 August 2009, AnnTaylor Stores Corporation's revenues decreased 24% to $897M. Net loss totaled $20.3M, vs. an income of $55.1M. Revenues reflect decreased sales from LOFT division. Net loss reflects an increase in interest expenses, lower interest income and decreased gross margins. The company is engaged in women's specialty retailers for fashionable clothing in united states.