Who owns Talbots?
Talbots, Inc. 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. Additionally, 425 core Talbots stores (412 U.S.), 65 Talbots Factory Outlets (U.S.), and five Talbots Clearance stores (4 U.S.). The company’s retail operation comprises approximately…
Talbots, Inc. 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.
Additionally, 425 core Talbots stores (412 U.S.), 65 Talbots Factory Outlets (U.S.), and five Talbots Clearance stores (4 U.S.). The company’s retail operation comprises approximately 80% of its overall business, with the other 20% conducted via catalog and internet.
Who owns Talbots?
Talbots began from an inspired commitment to providing women with timely and timeless style, extraordinary quality, and memorable service. In 1947, Nancy and Rudy Talbot, two entrepreneurial New Englanders, created a clothing catalog with a highly dedicated and passionate following, treasured for its spirited voice and modern classic style.
Talbots became a public company in 1993 and was traded on the New York Stock Exchange under the symbol TLB. The New York City-based private equity firm Sycamore Partners acquired Talbots in August 2012 for $391 million. Sycamore Partners is a private equity firm based in New York specializing in retail and consumer investments. The firm has approximately $10 billion in aggregate committed capital.
