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Talbots Receiving $200M From Majority Shareholder

Talbots Receiving $200M From Majority Shareholder

by Evan Clark

Posted Thursday February 05, 2009

Last Edited Wednesday February 11, 2009

From WWD Issue 02/06/2009

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The Talbots Inc. reached a deal for $200 million in financing and said it would eliminate roughly 370 jobs, or 17 percent of its corporate-level workforce, as well as close about 20 stores.

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The Talbots Inc. reached a deal for $200 million in financing and said it would eliminate roughly 370 jobs, or 17 percent of its corporate-level workforce, as well as close about 20 stores.

Read the full article by SUBSCRIBING today!

Subscribe now to WWD.COM, for complete access to breaking Business news and events that shape the world of fashion and retail.

Subscription includes:

• Immediate access to breaking Business news 24/7, now via WWD Mobile.
• Business content everyday on the dedicated Business channel.
• Business coverage in WWD Morning Report daily email newsletter delivered right to your inbox.
• Downloadable PDF of WWD daily issues for immediate worldwide access.
• Full access to all of WWD.COM including 12months of Archived content.
• Search, comment on, clip and save articles and images.
• Read it anytime, anywhere.
• Start your subscription now for only 27 cents per day!

Click to SUBSCRIBE

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People & Companies Mentioned

• Bon-Ton
• Eddie Bauer
• Sullivan, Trudy

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