This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

ANN INC. Furthers Commitment To Environmental Sustainability, Becoming First Women's Specialty Retailer To Join Sustainable Apparel Coalition

NEW YORK, Jan. 9, 2013 /PRNewswire/ -- ANN INC., the parent Company of Ann Taylor and LOFT, today announced its membership in the Sustainable Apparel Coalition (SAC), a trade association comprised of brands, retailers, manufacturers, government and non-governmental organizations and academic experts who are committed to supply chain sustainability. The SAC seeks to lead the industry toward a shared vision of sustainability built upon a common approach for measuring and evaluating apparel and footwear product sustainability performance that will spotlight priorities for action and opportunities for technological innovation. ANN INC. is the first women's specialty retailer to join the SAC and shared the announcement at its Global Vendor Conference in Hong Kong, the Company's annual summit for global supply chain vendors. 

ANN INC.'s decision to join the SAC further underscores the Company's commitment to environmental stewardship and sustainability. The Company shared its supply chain environmental program with its global vendors, including the use of the SAC's Sustainability Index, known as the Higg Index, to drive environmental responsibility throughout its supply chain with a priority focus on energy and water management.

"At ANN INC. we have a strong commitment to improving the future of the communities where we work and positively impacting future generations. We are pleased that our suppliers share our values and are also focused on driving environmental sustainability throughout their businesses. We are happy to take a leadership position in joining the SAC and believe this demonstrates our commitment to sustainability on a global scale within the women's apparel sector," said Paula Zusi, Executive Vice President and Chief Supply Chain Officer at ANN INC.

"ANN INC.'s addition to the SAC clearly demonstrates the Company's strong leadership position and commitment to sustainability," said Sustainable Apparel Coalition Executive Director Jason Kibbey. "Having ANN INC. join us truly widens the scope of the SAC within the apparel industry."

ANN INC. will leverage its existing supplier capacity building platform known as AT Connect, to provide its suppliers with sustainability best practices.  ANN INC.'s collaboration with its suppliers has already shown that energy efficiency provides cost savings potential across suppliers' facilities while driving improved carbon emissions. Additionally, focusing on water will reduce compliance risk and drive water management best practices as well as prepare the supply chain for future constraints in water availability.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,745.98 -5.41 -0.03%
S&P 500 2,108.63 +0.06 0.00%
NASDAQ 5,128.7850 +17.0520 0.33%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs