Trudy Sullivan to Retire as Talbots CEO

Excerpt from WWD.com – August 13, 2013

“There’s no doubting that she’s very smart,” said Elaine Hughes, president of executive search firm E.A. Hughes & Co., … “But with some of these stores that have a long brand heritage, like Talbots does, it’s very difficult to try to contemporize that product.”

“There’s a reason for Talbots because you have an underserved customer,” she said. “That customer isn’t shopping J. Crew. She’s a middle-age woman who’s not refusing to grow old, but wants to be current and contemporary in her thought process.”

Trudy Sullivan to Retire as Talbots CEO (paid WWD.com subscription required)
Article by Vicki M. Young and Lisa Lockwood