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Talbots Inc

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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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Like just about every other business sector on the planet, retailers continued to be affected by global economic turmoil during 2009. Companies previously intent on expansion and growth turned to cost-cutting, making swingeing redundancies and shuttering loss-making stores.

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Like just about every other business sector on the planet, retailers continued to be affected by global economic turmoil during 2009. Companies previously intent on expansion and growth turned to cost-cutting, making swingeing redundancies and shuttering loss-making stores.

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As consumer spending has fallen amid the economic downturn, US retail chains have cut back savagely on inventory to save cash. An understandable reaction, but one that could spell trouble for suppliers and retailers alike in the run-up to the holiday season, reports Richard Woodard.

TAL Apparel, one of the world's leading garment suppliers, has turned the threat of inflation across the supply chain into an opportunity to do things differently. Here CEO Dr Harry Lee tells just-style how the Hong Kong based firm's long-time focus on efficiency, sustainable development, and added value is helping to combat rising costs and set it apart from the competition.

Investment firm TowerBrook Capital Partners is to acquire multi-channel women's fashion retailer J Jill.

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Troubled women's wear retailer Coldwater Creek will be relaunched as an independent company as part of a deal with private equity firm Sycamore Partners, which has acquired the brand and other intellectual property.

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Private equity firm Sycamore Partners has completed its US$600m buyout of teen apparel retailer Hot Topic.

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US retailer The Wet Seal has appointed Lesli Gilbert as EVP, stores and operations.

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Children's wear retailer The Children's Place has appointed its chief financial officer Michael Scarpa to the additional post of chief operating officer.

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US value apparel retailer Body Central has announced a series of executive appointments across its merchandising and e-commerce departments.

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Steven Baginski, chief financial officer of The Children's Place, is leaving the company to pursue other interests after just seven months in the role.

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Sycamore Partners has completed the acquisition of troubled women's wear chain The Talbots and appointed a new executive management team.

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The long-running buyout of women's wear retailer The Talbots Inc by Sycamore Partners is due to be completed later today (3 August) after the private equity firm said it now owns 83.6% of the company's shares.

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The long-running buyout of women's wear retailer The Talbots Inc by Sycamore Partners is due to be completed later today (3 August) after the private equity firm said it now owns 83.6% of the company's shares.

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Private equity firm Sycamore Partners has extended the deadline of its offer to acquire US women's wear retailer Talbots for the second time in a month.

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Talbots and Sycamore Partners have both said the Pension Benefit Guaranty Corporation will not challenge the private equity firm's buyout of the women's wear retailer.

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Private equity firm Sycamore Partners is set to acquire troubled US women's wear retailer Talbots at a lower price than it had previously offered for the chain.

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US women's wear retailer The Talbots Inc has reported improved first quarter results - as it revealed it has been unable to reach an agreement to sell the business to private-equity firm Sycamore partners.

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US women's wear retailer The Talbots Inc has reported improved first quarter results - as it revealed it has been unable to reach an agreement to sell the business to private-equity firm Sycamore partners.

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US women wear chain Talbots has further extended takeover talks with private equity firm Sycamore Partners.

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US women's wear retailer Talbots Inc has extended discussions with Sycamore Partners, while it considers a takeover bid from the private equity firm.

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US women's wear chain Talbots has revealed it has received a second offer for the company from private equity firm Sycamore Partners, which has increased its bid to US$3.05 per share.

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US women's wear retailer Talbots is forecasting further sales declines as it continues to shutter stores.

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Troubled US clothing retailer Talbots has agreed to open its books to private-equity firm Sycamore Partners after it rebuffed an offer for the company last month.

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Women’s wear retailer The Talbots is refusing to comment after the company’s share price surged on reports that it had put itself up for sale.

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Women’s wear retailer The Talbots is refusing to comment after the company’s share price surged on reports that it had put itself up for sale.

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Troubled US retailer Talbots today said that the unsolicited bid made for the company by private-equity firm Sycamore Partners was "inadequate" and "substantially undervalues the company".

Months of speculation over a buyout of The Jones Group came to an end last week when it was confirmed the US clothing and footwear company's new owner will be private equity firm Sycamore Partners.