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/ E-Retailers

Second quarter sales fall across all channels at Talbots

Web sales declined 41% in the second quarter at Talbots, while total sales decreased 23% and comparable-store sales fell 24.9%. Talbots expects a web site redesign will eventually drive more direct sales as the web continues to outpace catalog sales.

Posted 09/16/2009Bill BriggsPost a comment

Web sales declined 41% in the second quarter at Talbots, while total sales decreased 23% and comparable-store sales fell 24.9%. Talbots expects a web site redesign will eventually drive more direct sales as the web continues to outpace catalog sales.

/ Technology

Advent International seals a deal to acquire Charlotte Russe

The Boston private equity firm, which invests in specialty retail chains, will acquire Charlotte Russe in a deal valued at $380 million. The deal has been approved by each company’s board of directors.

Posted 08/24/2009Katie DeatschPost a comment

The Boston private equity firm, which invests in specialty retail chains, will acquire Charlotte Russe in a deal valued at $380 million. The deal has been approved by each company’s board of directors.

Related Searches:Golden Gate Capital

/ E-Retailers

Golden Gate completes its deal to acquire Eddie Bauer

A month after Eddie Bauer filed for bankruptcy, a court has approved a deal by Golden Gate Capital to acquire the retailer for $286 million in cash. It`s Golden Gate’s second major retail acquisition this summer.

Posted 07/24/2009Don DavisPost a comment

A month after Eddie Bauer filed for bankruptcy, a court has approved a deal by Golden Gate Capital to acquire the retailer for $286 million in cash. It`s Golden Gate’s second major retail acquisition this summer.

Related Searches:Golden Gate Capital

/ Technology

Golden Gate Capital to acquire Eddie Bauer for $286 million

The private equity firm has won the bankruptcy auction of outdoors apparel and gear retailer Eddie Bauer with an all-cash bid. Golden Gate will maintain the substantial majority of Eddie Bauer’s stores and employees in a newly formed company.

Posted 07/17/2009Katie DeatschPost a comment

The private equity firm has won the bankruptcy auction of outdoors apparel and gear retailer Eddie Bauer with an all-cash bid. Golden Gate will maintain the substantial majority of Eddie Bauer’s stores and employees in a newly formed company.

Related Searches:Crosstown Traders | Golden Gate Capital

/ E-Retailers

Web sales fall but not as far as other channels for Talbots in Q1

E-commerce revenue declined by 11.7% in the first quarter as total sales and comparable-store sales decreased 26.2% and 26.9%, respectively. Direct sales, which include catalog and web, declined 28.6%.

Posted 06/23/2009Mark BrohanPost a comment

E-commerce revenue declined by 11.7% in the first quarter as total sales and comparable-store sales decreased 26.2% and 26.9%, respectively. Direct sales, which include catalog and web, declined 28.6%.

/ Technology

Talbots sells J. Jill assets to Golden Gate Capital

After paying $517 million three years ago for the brand, Talbots is selling the assets of J. Jill to Golden Gate Capital. The San Francisco private equity firm also owns and operates Orchard Brands Corp. and Crosstown Traders.

Posted 06/08/2009Katie DeatschPost a comment

After paying $517 million three years ago for the brand, Talbots is selling the assets of J. Jill to Golden Gate Capital. The San Francisco private equity firm also owns and operates Orchard Brands Corp. and Crosstown Traders.

Related Searches:Crosstown Traders | Orchard Brands

/ E-Retailers

Talbots fashions a new tech job and fills it with exec from Liz Claiborne

In the newly created position of senior vice president and CIO, John Kovac will oversee information technology initiatives, including those relating to e-commerce. Kovac joins Talbots from fashion designer and retailer Liz Claiborne.

Posted 04/27/2009Don DavisPost a comment

In the newly created position of senior vice president and CIO, John Kovac will oversee information technology initiatives, including those relating to e-commerce. Kovac joins Talbots from fashion designer and retailer Liz Claiborne.

/ E-Retailers

Despite cost cuts, Talbots plans for an e-commerce upgrade

Talbots is cutting more staff and implementing a $150 million cost reduction plan, but it`s also going ahead with plans to update its e-commerce site. Direct sales for the women`s apparel retailer dropped by 26.9% and 38.5%, respectively, in Q4 and 2008.

Posted 02/11/2009Mark BrohanPost a comment

Talbots is cutting more staff and implementing a $150 million cost reduction plan, but it`s also going ahead with plans to update its e-commerce site. Direct sales for the women`s apparel retailer dropped by 26.9% and 38.5%, respectively, in Q4 and 2008.

/ Technology

Online consumers shopped for lotions and potions last month, Nielsen says

Bath and Body Works experienced a 45% increase in the number of unique visitors to its web site last month compared to October 2007, Nielsen Online says.

Posted 11/21/2008Katie DeatschPost a comment

Bath and Body Works experienced a 45% increase in the number of unique visitors to its web site last month compared to October 2007, Nielsen Online says.

/ E-Retailers

Talbots puts J.Jill up on the sales block

As part of its Q3 earnings, Talbots announced it will begin looking for buyers for J. Jill, which Talbots acquired in a $517 million deal in February 2006. Overall web sales for Talbots dropped by 13.4% in Q3 while total sales declined by 13.8%.

Posted 11/06/2008Katie DeatschPost a comment

As part of its Q3 earnings, Talbots announced it will begin looking for buyers for J. Jill, which Talbots acquired in a $517 million deal in February 2006. Overall web sales for Talbots dropped by 13.4% in Q3 while total sales declined by 13.8%.

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