WWD.com/business-news/financial/talbots-charming-shoppes-hit-by-markdowns-3563637

financial

March 24, 2011

Talbots, Charming Shares Rise Despite Losses

Both chains posted quarterly losses on steep holiday discounting and outlined strategies to turn around their stilted brands.

By Alexandra Steigrad

financial/news

Better than expected was good enough for two women’s apparel retailers Thursday.

Shares of The Talbots Inc. and Charming Shoppes Inc. soared 22.7 percent to $5.89 and 17.2 percent...

Talbots, Charming Shares Rise Despite Losses

Both chains posted quarterly losses on steep holiday discounting and outlined strategies to turn around their stilted brands.

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