- Tokyo Exhibit to Highlight French Style
- Nadja Swarovski Honored at UK Fashion and Textiles Awards
- London's Royal College of Art to Stream Graduate Show
TALBOTS SUED BY SHAREHOLDER: A lawsuit was filed Monday in the Delaware Chancery Court against The Talbots Inc. by a shareholder alleging that the deal to be acquired by Sycamore Partners for $369 million is too low. The lawsuit filed by Fred Schwartz said the Talbots board agreed to a $2.75-a-share offer after rejecting an earlier $3.05-a-share bid last month, and that they allegedly failed to seek out higher offers. A spokeswoman for Talbots did not return a request for comment by press time.