Talbots

Womens

Established in 1947, Talbots is a leading specialty retailer and direct marketer of women's classic clothing, shoes and fashion accessories. The company is known for providing gracious service and a quality selection of timeless wardrobe essentials in a broad range of sizes. Rudolf and Nancy Talbot opened their first shop in Hingham, Mass., a quaint town not far from Boston, in 1947. Their retail and catalog enterprise flourished and, with five stores in upscale outskirts like Hingham, Duxbury and Lenox, they sold the company to General Mills in 1973. Expansion ensued up and down the East Coast, but when General Mills divested its Specialty Retail Division, Talbots was acquired by the Japanese retailing conglomerate JUSCO Co., Ltd. (now ÆON Co., Ltd.) in 1988. Talbots went public in November of 1993 and was acquired by Sycamore Partners, a private equity firm specializing in consumer and retail investments, in August of 2012. At the end of fiscal 2012, the company operated 504 Talbots stores throughout the U. S. (45 states) and Canada, including 432 Talbots stores (U. S. and Canada), 56 Talbots Upscale Outlet stores (U. S.) and 16 Talbots Clearance stores (15 in U. S.; one in Canada). Customer ProfileThe Talbots customer is smart and well-educated, with the majority professionally employed in a range of fields. She's active in and passionate about her community. Ageless in style and attitude, she appreciates classic styling and values quality workmanship. __

Talbots Market Insights: Where Classic Meets Contemporary

Introduction

Welcome to the elegant world of Talbots, where timeless style meets modern sophistication. Our comprehensive report dives deep into the chic success of Talbots, offering a wealth of actionable insights that will refine your strategic approach. From top-performing categories to key demographic details, this report is your ultimate guide to understanding what keeps Talbots a beloved name in women’s apparel.

Top Performers in the Talbots Universe

1. Retail and Services:

Pets: PetPeople leads with a weighted index of 295.
Agriculture: Hollywood Feed grows at 272.
Gyms/Fitness Centers: Fitness Together flexes at 259.
Grocery: The Fresh Market stocks up at 258.
Alcohol Stores: Twin Liquors Fine Wine and Spirits toasts at 257.
Breweries: Tree House Brewing Co. brews at 253.
Hair Services: The Lash Lounge styles at 229.
Home and Housewares: Sur La Table and Williams-Sonoma cook up success at 230 and 224, respectively.

2. Social Media Influencers:

Academics: Atul Gawande enlightens with an index of 216.
Technology: Coursera educates at 213.

3. Specialty Retail:

Furnishings: Ethan Allen decorates at 224.
Sports/Recreation: GOLFTEC and Club Champion swing at 221 and 211, respectively.
Coffee and Tea: PJ’s Coffee of New Orleans and The Human Bean brew at 230 and 212, respectively.

Demographics: Who’s Shopping at Talbots?

Age Groups:

50-64: This age group leads, valuing sophisticated and classic fashion.
35-49: Another significant segment, reflecting a blend of timeless style and contemporary trends.

Income Levels:

$75,000 to $99,999: This income bracket is prominently represented, highlighting Talbots’ appeal to middle and upper-middle-income earners.
$50,000 to $74,999: Another significant segment, indicating broad accessibility.

Home Value:

$200,000 to $249,999: Homeowners in this range form a large part of the customer base, aligning with practical spending on quality apparel.

Family Structure:

Married with Kids: This group is notably over-represented, suggesting that Talbots appeals to family-oriented individuals who prioritize elegant and practical fashion.

Education:

Bachelor’s Degree and Graduate Degree: Substantial segments, highlighting Talbots’ appeal to a well-educated audience.

Urbanicity and Occupation

Urbanized Area:

Talbots’ customers predominantly come from urbanized areas, emphasizing the brand’s reach in densely populated regions.

Occupation:

Business/Finance and Legal/Education/Healthcare: Professionals in these fields are more likely to be found shopping at Talbots, showcasing the brand’s appeal among career-driven individuals seeking sophisticated and professional attire.

Conclusion

Talbots isn’t just about clothing; it’s about delivering a timeless and elegant experience. From young professionals to established families, Talbots’ customer base is as diverse as it is dedicated. This report provides a detailed look into the stylish world of Talbots, where quality apparel and loyal customers come together. Let these insights guide your next strategic move in the fashion industry, ensuring you stay ahead of the curve.

Discover more, shop more, and most importantly, understand more with these actionable insights. Whether you’re a market strategist, fashion enthusiast, or just someone who appreciates classic style, this report has something to elevate your perspective. Happy strategizing!