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The Talbots, Inc., doing business as Talbots and stylized as TALBOTS, is an American specialty retailer and direct marketer of women's clothing, shoes and fashion accessories. As of 2018, the company operated 495 Talbots stores in the United States: 425 core Talbots stores (412 U.S), 65 Talbots Factory Outlets (U.S.) and five Talbots Clearance ...
Rudolf Talbot dropped the Johnny Appleseed franchise in 1947, because he disliked the clothing he was selling. [1] Rudolf and Nancy started a new clothing store, which they first called "The Talbots." [3] The business eventually became known as Talbots and soon moved to a single-family clapboard house in Hingham, Massachusetts.
In 2006, J.Jill was acquired by rival retailer The Talbots, Inc., ceasing to be a publicly traded company; Talbots topped Liz Claiborne in a "bidding war" for ownership of J. Jill, paying US$517 million for the brand. [4] Despite the high sale three years before Golden Gate Capital acquired the company for a devalued $63 million in 2009. [5]
In 1985, the "Clifford & Wills" brand was launched, selling women's clothing that was more affordable than the Popular Merchandise line. [8] In 1987, two executives left the company to start their own catalog, Tweeds. [9] The 1980s marked a booming sales period for catalog retail giants Lands' End, Talbots, and L. L. Bean.
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In 2012, the firm acquired Talbots for $391 million. In 2013, Sycamore acquired Hot Topic and Torrid for $600 million. [18] In 2014, the firm acquired Coldwater Creek. The firm also acquired Jones New York in 2014, for $2.2 billion, which was then sold to Authentic Brands Group in 2015. [19] Kurt Geiger [20] which was then sold to Cinven in ...
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