| Business Summary | | AnnTaylor
Stores
Corporation
is
a
national
specialty
retailer
of
women's
apparel,
shoes
and
accessories
sold
primarily
under
the
Ann
Taylor
brand
name.
Ann
Taylor
merchandise
represents
classic
styles,
updated
to
reflect
current
fashion
trends.
The
Company's
stores
offer
a
full
range
of
career
and
casual
separates,
dresses,
tops,
weekend
wear,
shoes
and
accessories,
coordinated
as
part
of
a
total
wardrobing
strategy.
As
of
February
3,
2001,
the
Company
operated
478
retail
stores
in
42
states,
the
District
of
Columbia
and
Puerto
Rico
under
the
names
Ann
Taylor,
Ann
Taylor
Loft
and
Ann
Taylor
Factory
Store. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AnnTaylor
Stores
Corp.,
through
its
wholly
owned
subsidiary,
AnnTaylor
Inc.,
is
a
specialty
retailer
of
women's
apparel,
shoes
and
accessories.
For
the
six
months
ended
8/4/01,
net
sales
increased
6%
to
$617.4
million.
Net
income
fell
30%
to
$17.3
million.
Revenues
reflect
the
opening
of
new
stores
and
an
expansion
of
existing
stores.
Earnings
were
offset
by
a
high
markdown
rate
and
increased
administrative
and
general
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| J. Patrick Spainhour, 51 Chairman,
CEO | $2.7M | James Smith, 39 CFO,
Sr. VP, Treasurer, Assistant Sec. | 250K | Barry Erdos, 56 COO
and Sr. Exec. VP | 629K | Jocelyn F. Barandiaran, 40 Sr.
VP, Gen. Counsel, Sec. | 359K | Melissa Wallace Sr.
VP of HR | -- | Dollar amounts are as of 3-Feb-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|