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Ann Taylor parent's 2nd-qtr profit rises

Fri Aug 17, 2012 7:42am EDT

Aug 17 (Reuters) - Ann Inc, the parent of Ann Taylor and LOFT stores, reported higher quarterly profit as their stylish designs were in demand.

The women's apparel retailer's second-quarter profit rose to $30.7 m illion, or 63 c ents per share, from $24.8 m illion, or 47 c e nts per share, a year earlier.

Revenue increased 7 percent to $594.9 million.

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