Ann Inc. has a new admirer — who promptly pushed the retailer into the spotlight.
Golden Gate Capital spent $156.2 million this year to buy 4.4 million Ann shares, or 9.5 percent of the company, according to a 13D filing with the Securities and Exchange Commission Thursday. Although Golden Gate is not typically viewed as an activist investor, that type of filing is usually used when a big player plans to directly influence a company.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)