Women's specialty retailer The Talbots Inc. on Friday said it completed the terms of its previously announced $50 million credit facility with Aeon Inc.
The new facility with Aeon, a wholly owned subsidiary of Talbots' majority shareholder, Aeon Co. Ltd., supplements the retailer's existing working capital lines of credit of $165 million and brings its total working capital borrowing capacity to $215 million. The facility matures on Jan. 28, 2012.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)