Sullivan departs as Talbots nears the crossroads

By Richard Woodard | 6 December 2011

The markets can be unforgiving to the point of brutality. Four years after she took the helm at troubled women's wear retailer The Talbots, the announcement of Trudy Sullivan's impending departure was greeted with a 6% rise in the company's share price - a welcome boost for a stock that has plunged by well over 80% in the past year.

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