Talbots downgraded by S&P as pandemic weighs on sales, cash flow (2024)

FAQs

What is happening with Talbots? ›

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.

Talbots revenue is $1.3B annually. After extensive research and analysis, Zippia's data science team found the following key financial metrics. Talbots has 8,737 employees, and the revenue per employee ratio is $152,340. Talbots peak revenue was $1.3B in 2021.

Talbots reported net income of $4.1 million, or 7 cents per share, for its fourth quarter ended January 30, compared with a loss of $361.5 million, or $6.75 per share, a year earlier. Excluding items, Talbots earned 13 cents per share.

In 2012, Sycamore Partners revealed that an affiliate TLB Merger Sub Inc. had completed its acquisition of Talbots and Kindler was brought in as CEO.

Talbots. Women's clothing store Talbots is among apparel retailers at risk. The company is facing sector challenges, as many consumers have turned away from malls amid the pandemic. Talbots doesn't have much cash on hand, and it's debt is coming due soon, analysts said.

Effective today, we've decided to temporarily close all of our stores in order to help protect our communities and contain the spread of the coronavirus. As always, connect with us here and we look forward to welcoming you back into our stores soon. Richard Moore and 1,604 others like this.

We try to lead her through experiences with products that are curated to help her create a routine for them. Talbots-owned e-tailer Haven Well Within curates products suiting different everyday experiences that it calls Awaken, Nourish, Energize, Unwind and Rejuvenate.

Return Policy. If for any reason you are not happy with your Talbots or Haven Well Within purchase, we will accept returns and exchanges of ticketed, unworn, unwashed, or defective merchandise, and unopened, unused products such as fragrance, candles, etc. with a valid receipt within 60 days of purchase.

Employee Comments

40% discount on Talbots clothing.

Is J Jill owned by Talbots? ›

In 2006, J. Jill was acquired by rival retailer The Talbots, Inc., ceasing to be a publicly traded company; Talbots topped Liz Claiborne in a "bidding war" for ownership of J. Jill, paying US$517 million for the brand.

Talbots competitors include Ann Taylor, Chico's, Gap Inc. and ANN INC.. Talbots ranks 1st in Customer Net Promoter Score on Comparably vs its competitors.

Around 2010, he said, Talbots tried to attract a younger woman, who could not look past its reputation as her “mom's” brand. Meanwhile, Talbots' core demographic, women ages 55 and older, felt the brand had become too “young.”

The reality of the fashion market is that very respectable, though not true 'luxury' brands like Talbots, Liz Claiborne and Ann Taylor are delivering an investment in fashion that is most highly regarded by affluent customers loyal to these brands.”

General Mills Inc. said yesterday that it had agreed to sell its Talbots women's apparel chain to the Jusco Company, a large Japanese chain-store retailer, for $325 million in cash. It will be the first major purchase by a Japanese company of an American retailer.

The return portal can be used to ship your return using USPS or prepare your return for drop off at an approved location or a Talbots store. The return portal can be used for online purchases, phone orders (with a valid email address) and orders placed through Concierge in store.

You have to have the Talbots look, which is either preppy or business casual. You can wear jeans (some stores are more relaxed... Are you allowed to have colored hair? Not unnatural colors but it depends on the store manager.

Are Loft and Talbots the same? ›

Talbots' parent company Sycamore Partners recently purchased the Ascena Retail Group Inc., which owns Ann Taylor, Loft, Lane Bryant and Lou & Grey, for $540 million.

Merchandise purchased online or by phone can be returned to any Talbots store.

Patrick Pardo - Vice President of Design, Footwear & Accessories - Talbots | LinkedIn.

Birthday Bonuses.

The birthday discount (10% off for Classic Awards Loyalty members and 15% off for Talbots Credit Cardholders, subject to the limitations described below) can be used on any Talbots purchase, excluding Gift Cards and e-gift certificates.

Talbots began from an inspired commitment to provide women with timely and timeless style, extraordinary quality and memorable service. We are the original New England lifestyle brand for women who love looking well put together, with sizes for every body.

No commission, but yes on incentives.

Talbots is making great strides to become a cult brand for women between the ages of 45 to 65 years old and right now it is focusing on reclaiming its brand DNA and sense of style.

The discount is 50% off, which is barely anything when the items are so overpriced to start. The management really does not care about you unless you have been there for years. They see you as disposable unless you are one of their favorites or unless you are higher up in the company. The work-life balance is so bad.

What is the fastest growing fashion brand? ›

Largest Clothing Companies Research Summary

The largest clothing company in the U.S. is TJX Companies, with an annual sales of $48.55 billion.

J. Jill's business is conducted in accordance with the highest ethical standards and laws of the United States and the countries where our merchandise is made. The integrity of the production process is just as important as the quality of the products we sell.

Jill is closing approximately 20 stores in 2021, seeking to rebound with a smaller footprint and a focus on full-price sales. The retailer saw first-quarter sales jump 41.9 percent to $129.1 million, but sales remain 26.9 percent behind the $176.5 million it generated in the period two years ago.

Jill Third Quarter 2023 Earnings: EPS: US$0.64 (vs US$0.81 in 3Q 2022) J. Jill ( NYSE:JILL ) Third Quarter 2023 Results Key Financial Results Revenue: US$150.2m (down 1.0% from 3Q 2022).

McDonald's

The company's number of locations and annual revenue are also good indicators that it is the most profitable franchise to own.

Marks & Spencer's competitors and similar companies include Lawson, Debenhams, Macy's, John Lewis Partnership, Aldi UK, Asda, Tesco, Next and Waitrose & Partners.

Chico's competitors include Talbots, ANN INC., Macy's and White House Black Market. Chico's ranks 1st in Product Quality Score on Comparably vs its competitors.

Who is Zara's biggest competitors? ›

H&M, Zara, and Uniqlo are three international clothing retailers with over 2,000 stores each worldwide. The competitive companies target similar markets but employ different strategies in their business models to manage the distribution of product lines.

(ˈtɔːlbət ) noun. (formerly) an ancient breed of large hound, usually white or light-coloured, having pendulous ears and strong powers of scent. Collins English Dictionary.

The reality of the fashion market is that very respectable, though not true 'luxury' brands like Talbots, Liz Claiborne and Ann Taylor are delivering an investment in fashion that is most highly regarded by affluent customers loyal to these brands.”

Acquired about 25 years later by General Mills, Talbots became a public company in 1993 and is now owned by Sycamore Partners, a private equity firm. Among its intended demographic, Talbots has many followers -- but some detractors, too.

J. Jill's target audience is also a bit older than that of comparable brands, centered on 45- to 60-year-olds.

Chico's saw double-digit growth in the late 1990s, even at a time when the retail environment as a whole was flat or shrinking. Founders Helene and Marvin Gralnick continue to run the chain.

Torrid Holdings Inc. is an American women's retail chain formerly owned by Hot Topic. While it is still owned by Sycamore Partners, owners of Hot Topic, in 2015, the company branched off to become Torrid, LLC. The store offers plus-size clothing and accessories for women size 10-30.