Retail Dive

Talbots downgraded by S&P as pandemic weighs on sales, cash flow

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 ...
Penn Live

New company launched to include Ann Taylor, Loft and Talbots

Sycamore Partners, a private equity firm, has announced that it has launched the KnitWell Group, a new holding company that will include three iconic apparel brands -- Ann Taylor, Loft and Talbots.
Retail Dive

Ann Taylor, Loft, Talbots form new KnitWell Group

Ann Taylor, Loft and Talbots have come together under a new holding company dubbed KnitWell Group, according to a Wednesday press release from owner Sycamore Partners. KnitWell will be providing ...
Penn Live

Owner of Ann Taylor, Loft and Talbots to acquire 3 more women’s clothing brands for $1B

The private equity firm that owns Ann Taylor, Loft and Talbots plans to acquire three more women’s clothing brands, Sycamore Partners has agreed to purchase Chico’s FAS Inc. for $1 billion. Under the ...
WPXI

Talbots shuttering this Pittsburgh store

PITTSBURGH — The signature red doors are slamming shut for the second time in six months in the Pittsburgh area for a retailer that once operated half a dozen sites here. Talbots Inc. is closing its ...