By  on August 6, 2012

Talbots has a new executive team to go along with its new owner — both of which hope to turn the specialty retailer around.

Michael Archbold is the new chief executive officer and chief financial officer, effective immediately. Archbold is an industry veteran with more than 25 years of experience, holding c-level positions. He was most recently president and chief operating officer of The Vitamin Shoppe. Prior posts include a stint as cfo and chief administrative officer of Saks Inc.

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