NEW YORK, April 3, 2015 /PRNewswire/ -- ANN INC., the parent Company of Ann Taylor and LOFT, has been recognized as one of America's Most Trustworthy Companies by Forbes Magazine. The recognition places ANN INC. among the most trustworthy mid cap companies for 2015.
"We are honored to receive this acknowledgment," said Kay Krill, president and CEO of ANN INC. "At ANN INC., our success has always been based on our strong commitment to quality, honesty, and integrity. We are especially proud to be recognized as a company our clients and investors can trust."
The list of the most Trustworthy Companies is published annually by Forbes and is based on thorough examination of accounting and corporate governance behaviors of more than 5,500 publicly-traded companies in North America. The companies are then ranked according to an "Aggressive Accounting and Governance Risk" (AGR) score on a 100-point scale, which also signifies their level of trust.
To develop the list, Forbes work with MSCI ESG Research to identify the 100 companies that most "consistently demonstrated transparent accounting practices and solid corporate governance."
About ANN INC.
ANN INC. is the parent Company of Ann Taylor and LOFT, two of the leading women's specialty retail fashion brands in North America. As of January 31, 2015, the Company operated 1,030 Ann Taylor, Ann Taylor Factory, LOFT, LOFT Outlet and Lou & Grey stores in 47 states, the District of Columbia, Puerto Rico and Canada. Our Ann Taylor and LOFT brands are also available online in more than 100 countries worldwide at AnnTaylor.com and LOFT.com or at our LOFT franchise stores in Mexico. Visit ANNINC.com for more information (NYSE: ANN).
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SOURCE ANN INC.