The Talbots Inc. on Thursday put its J. Jill brand on the selling block to focus on its core Talbots business, a decision that caused the specialty chain to withdraw its previously announced outlook for the second half of fiscal 2008.
The company, which purchased J. Jill in February 2006 for about $517 million in cash, said it plans to report third-quarter operating results on Nov. 25, when it will provide further details concerning its outlook. The incorporation of J. Jill into Talbots was considered a challenge from the start, but went forward based in part on the two retailers’ mutual focus on the mature 35-and-older woman and their geographical proximity. Talbots is based in Hingham, Mass., and J. Jill was originally headquartered in Quincy, Mass., just seven miles away.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)