Financials
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At a Glance
Shareholder Letter
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Five Year Financial Summary
Report of Management Responsibility
Management’s Discussion and Analysis of Financial Condition and Results of Operations 
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Directors and Officers
 

 

 

 

 

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)

(Dollar amounts in thousands except per share data)

 

5.RELATED PARTY AND AFFILIATES

 

In November 1993, the Company purchased certain trademarks, including the Talbots trade name, from JUSCO (Europe) B.V., a related party. JUSCO (Europe) B.V. has retained rights to certain trademarks in specified Asian territories.

 

JUSCO Company, Ltd. owns and operates stores in Japan under the name of Talbots Japan Co., Ltd. ("Talbots Japan").

 

 

The Company provides certain services, under normal trade terms, for Talbots Japan and is reimbursed for expenses incurred. At February 3, 2001 and January 29, 2000 the Company was owed $8,860 and $8,433, respectively, for these costs and for merchandise inventory purchases made on behalf of Talbots Japan.

 

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