By  on November 19, 2010

Sales of AnnTaylor Stores Corp.’s upscale merchandise swelled in the third quarter, helping its profits climb and lifting the women’s apparel retailer’s stock 8.5 percent to $25.77 at the end of trading Friday.

“At the Ann Taylor division, we have done a lot of things internally, and we have a lot of wind at our backs externally,” president and chief executive officer Kay Krill told WWD. “The aspirational-luxury and luxury consumers are spending again, but the middle-income consumer is holding back.”

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