Co-founder of Talbots dies at age 89
Nancy Talbot, the co-founder of clothing store giant Talbots, has died at the age of 89. She’s been battling Alzheimer’s disease for quite some time now and she succumbed to the complications brought about by the disease.
Talbot and husband, Rudolf Talbot, started their clothing business in 1947 in what would have been a major force in the retail industry in the years to come. Talbots is known for providing business clothes for women and the designs are mostly made by Nancy herself.
The Talbots sold their business to General Mills in 1973 in the amount of $6 million but Nancy stayed as the company’s vice president for the next ten years. Throughout that period, the business has expanded to thirty stores and more than 10 million catalogs were sent each year.
Nancy Talbot is survived by her two daughters, six grandchildren and six great grandchildren.
