Talbots Inc., the US clothing chain targeting women 35 and older, hired an adviser to help it refinance about $225 million in debt, according to two people familiar with the situation.
Talbots hired Perella Weinberg Partners LP, according to the people, who declined to be identified because the decision hasn’t been made public.
The chain has posted losses for the past five quarters.
“It is the company’s policy not to comment on speculation,” Julie Lorigan, a Talbots spokeswoman, said in an e-mail yesterday. A representative for New York-based Perella Weinberg declined to comment.