FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report: June 21, 1996
(Date of earliest event reported)
ANNTAYLOR STORES CORPORATION ANNTAYLOR, INC.
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(Exact name of registrant as (Exact name of registrant as
specified in its charter) specified in its charter)
Delaware 1-10738 13-3499319 Delaware 1-11980 51-0297083
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(State or other (Commission (IRS Employer (State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.) jurisdiction of File Number) Identification No.)
incorporation) incorporation)
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142 West 57th Street
New York, New York 10019
(212) 541-3300
(Address including zip code, and telephone number including area code of
registrants' principal executive offices)
Item 5. Other Events.
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As previously reported, AnnTaylor Stores Corporation, a Delaware
corporation (the "Company"), and its wholly owned subsidiary, AnnTaylor, Inc., a
Delaware corporation ("Ann Taylor"), have entered into a definitive agreement
(the "Agreement") with Cygne Designs, Inc., a Delaware corporation ("Cygne"),
and its wholly owned subsidiary, Cygne Group (F.E.) Limited, a Hong Kong
corporation, regarding the acquisition (the "Acquisition") of (i) Cygne's entire
interest in Ann Taylor's direct sourcing joint venture with Cygne, known as CAT
US, Inc. and C.A.T. (Far East) Limited, and (ii) the assets of Cygne's AnnTaylor
Woven Division that are used for sourcing merchandise for Ann Taylor.
Consummation of the Acquisition is subject to the satisfaction of
various conditions. It is currently anticipated that the Acquisition will close
in August 1996, although there can be no assurance that the transaction will be
consummated or that it will be consummated within the anticipated time frame.
Attached hereto and incorporated by reference herein are: (i) Exhibit
1 - the audited combined financial statements of CAT US Inc. and C.A.T.
(Far East) Limited and Subsidiary and the AnnTaylor Woven Division of Cygne as
of
2
February 3, 1996 and January 28, 1995 and for each of the fiscal years then
ended together with the Report of Independent Auditors attached thereto and
(ii) Exhibit 2 - the unaudited historical and pro forma combined balance sheets,
statements of operations and notes thereto of the Company for the fiscal
quarter ended May 4, 1996 which give effect to the Acquisition.
3
Item 7. Financial Statements and Exhibits.
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(c) Exhibits:
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1. Combined financial statements of CAT US Inc. and C.A.T. (Far
East) Limited and Subsidiary and the AnnTaylor Woven Division
of Cygne and Report of Independent Auditors.
2. Unaudited historical and pro forma combined balance sheets,
statements of operations and notes thereto of the Company.
4
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
ANNTAYLOR STORES CORPORATION
By:/s/ WALTER J. PARKS
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Walter J. Parks
Senior Vice President - Finance
and Principal Accounting Officer
Date: June 21, 1996
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
ANNTAYLOR, INC.
By:/s/ WALTER J. PARKS
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Walter J. Parks
Senior Vice President - Finance
and Principal Accounting Officer
Date: June 21, 1996
EXHIBIT INDEX
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Exhibit Description
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Number
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1 Combined financial statements of CAT
US Inc. and C.A.T. (Far East) Limited
and Subsidiary and the AnnTaylor Wo-
ven Division of Cygne and Report of
Independent Auditors.
2 Unaudited historical and pro forma
combined balance sheets, statements
of operations and notes thereto of
the Company.