Who owns talbots

Retailers have fared no better. Remember the Banana Republic home collection? Gap went even further in trying to move into home. However, they eventually unloaded it to new owners, who have since done a pretty good job with it. Some fashion retailers have made the home side work today. Even some online resale sellers like Poshmark and Mercari have started selling home merchandise on consignment.

They say home is where the heart is. For fashion brands these days, it may also be where the money is. Warren Shoulberg is the former editor in chief for several leading B2B publications.

His Retail Watch columns offer deep industry insights on major markets and product categories. BOH Insiders unlock access to weekly designer classes and exclusive Insider-only workshops. Analysts have been worried about Talbots for years now as its debt load weighs on a company in a troubled sector. The women's apparel seller was swept up in a buying spree by private equity in the retail industry during the early s that, after years of distress and bankruptcies , has since slowed.

Sycamore Partners acquired the retailer in , adding it to a stable of retail and apparel brands that today include Belk, Hot Topic and Staples. It almost included Victoria's Secret as well, but Sycamore's deal with L Brands for a majority stake in the lingerie seller fell apart as the pandemic took hold of the industry. The mix of high debt loads — very often a feature of private equity buyouts — and apparel's ongoing retrenchment was a major source of financial distress in the industry well before the pandemic reached the U.

Traffic at malls has declined for years due to a host of reasons including demographics, shifts to e-commerce, a declining middle class, and a shift to buying off-price, among other factors. Moreover, casualization, spending shifts and other trends have weighed on apparel specifically.

COVID has exacerbated all of those problems. Consumers have avoided indoor malls out of safety concerns. Moreover, with much of the workforce working from home and consumers avoiding social outings, demand for apparel has been hit squarely by the pandemic. That makes life difficult for any retailer.

With its sales affected, Talbots has been facing a cash crunch. All products delivered to our stores and customers are sent through our thriving shipping hub in Lakeville. Just 40 miles south of Boston, the location is surrounded by myriad lakes, ponds, parks and several golf courses. Bag 0. Menu Icon Menu. Talbots Credit Card. Chalet All Day. Joy of Dressing Up. Most Loved. Cashmere Shop.

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