Talbots was founded in Hingham in 1947, catering to a particularly New England sensibility that cofounder Nancy Talbot described as “simple but not contrived, gimmicky, or extreme, smart but not faddy, fashionable but not funky — chic and understated, the hallmarks of good taste.” And for a long time the company ...2011-05-23
Why is Talbots closing?
Talbots will close 78 kids' and men's stores by September and discontinue those businesses as part of a bid to focus more on its core customer — women 35 and older. ... The retailer said the decision to close the brands was part of the company's strategic business review first announced in October.
What age group does J Jill target?
aged 35 to 55
What age group does Talbot target?
Meanwhile, Talbots' core demographic, women ages 55 and older, felt the brand had become too “young.” A similar situation occurred at Tiffany, Lejuez said. When the jewelry brand's low-price silver product became popular in Japan in the 1990s, high school students started to wear it en masse.2016-04-08
Is Talbots in trouble financially?
S&P Global downgraded Talbots deep into junk territory on Thursday as loan deadlines loom and its business faces persistent stress from the COVID-19 pandemic and ongoing troubles in the apparel sector. The ratings agency downgraded Talbots to CCC-, indicating a high risk of default.2021-01-22