Talbots Inc
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Towerbrook buys women's apparel firm J Jill
Investment firm TowerBrook Capital Partners is to acquire multi-channel women's fashion retailer J Jill.
US: Private equity firm to relaunch Coldwater Creek
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.
Spotlight on...Can Sycamore turn Jones Group fortunes around?
Jones Group shares jumped nearly 5% in late trading yesterday (19 December) on the long anticipated news the struggling US clothing and footwear firm is finally set to get a new owner.
US: Sycamore Parners completes $600m Hot Topic buyout
Private equity firm Sycamore Partners has completed its US$600m buyout of teen apparel retailer Hot Topic.
US: The Wet Seal names Gilbert as EVP, stores and operations
US retailer The Wet Seal has appointed Lesli Gilbert as EVP, stores and operations.
US: Children's Place CFO Scarpa adds COO title
Children's wear retailer The Children's Place has appointed its chief financial officer Michael Scarpa to the additional post of chief operating officer.
US: Body Central reshuffles merchandising team
US value apparel retailer Body Central has announced a series of executive appointments across its merchandising and e-commerce departments.
US: Children's Place CFO Baginski resigns
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.
US: Talbots' new owner names executive team
Sycamore Partners has completed the acquisition of troubled women's wear chain The Talbots and appointed a new executive management team.
US: Sycamore Partners completes Talbots buyout deal
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.
US: Sycamore Partners extends offer deadline to buy Talbots
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.
US: Pension board won't oppose Talbots buyout
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.
US: Sycamore Parters to acquire Talbots at lower price
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.
US: Talbots Q1 profits improve as Sycamore talks end
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.
US: Talbots extends talks with Sycamore Partners
US women wear chain Talbots has further extended takeover talks with private equity firm Sycamore Partners.
US: Talbots and Sycamore Partners extend takeover talks
US women's wear retailer Talbots Inc has extended discussions with Sycamore Partners, while it considers a takeover bid from the private equity firm.
US: Talbots receives sweetened Sycamore Partners offer
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.
US: Talbots sales to be hit by store closures
US women's wear retailer Talbots is forecasting further sales declines as it continues to shutter stores.
US: Talbots opens books to Sycamore Partners
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.
US: Talbots silent on “auction” reports
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.
US: Talbots says Sycamore bid "undervalues" company
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".
Top stories on just-style this week...
Top stories this week included the latest UK sales figures, a look at the troubles plaguing Talbots and forecasts suggesting that cotton production is set to decline next season.
US: Private equity firm puts in takeover bid for Talbots
Struggling women's wear chain The Talbots Inc has received an unsolicited takeover bid from one of its leading shareholders, which says it is concerned by the company's "rapidly deteriorating performance."
Sullivan departs as Talbots nears the crossroads
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.
US: Talbots seeks successor for CEO Sullivan
Troubled US women's wear retailer The Talbots has announced that it has begun to look for a successor for president and CEO Trudy Sullivan.
US: Talbots plans job cuts as it swings to Q3 loss
Troubled women's wear retailer Talbots is to cut 9% of its corporate headcount on top of 110 store closures already planned by 2013, after swinging to a third-quarter loss.
UK: Dawson H1 profit slumps amid rising cashmere costs
First-half profit at cashmere and knitwear specialist Dawson International Plc has more than halved after margins continue to be hurt by higher raw material prices.
US: The Talbots slides to Q2 loss
Beleaguered women’s wear retailer The Talbots slid to a second quarter loss thanks to double-digit falls in comparable store sales – and expects further declines in the next three months.
US: Talbots dismisses chief creative officer
Women's wear retailer The Talbots Inc has parted company with its chief creative officer Michael Smaldone after swinging to a second quarter loss on falling sales.
US: J Jill appoints Edmonds to board
Plus-sized clothing retailer J Jill has appointed Scott Edmonds, the former chairman and CEO of Chico's FAS, to its board of directors.
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