As previously announced, PFSweb created a high-touch customized fashion and apparel customer care and order fulfillment solution for www.ashleystewart.com. With the implementation completed, Ashley Stewart customers now have the ability to shop online for their favorite fashion forward and affordable apparel for plus-size woman.

As disclosed in previous filings, Hampshire Group sold certain assets of its Shane Hunter subsidiary on April 15, 2008. For the periods discussed herein, Shane Hunter’s results of operations were reflected in discontinued operations and excluded from continuing operations.

Net sales from continuing operations for the three months ended March 29, 2008 decreased 2.0% to $39.8 million from $40.6 million for the same period last year. The decline was the result of a decrease in volume due mainly to weak retail conditions and partially offset by higher average unit selling prices. If these retail conditions persist, which the Company believes appears likely for the balance of the year, net sales will be adversely affected in 2008.

Reconfirms Fiscal 2008 Outlook

The Talbots, Inc. is planning for top-line growth of approximately 3%. This plan is based on slightly negative total Company comparable store sales.

Fiscal 2008 earnings from continuing operations are expected to be in the range of $0.47 to $0.52 per diluted share. The Company is planning for a loss from discontinued operations in the range of ($0.64) to ($0.59) per share, for a total loss per share in the range of ($0.17) to ($0.07), compared to the ($3.56) loss per share reported in fiscal 2007.

The Company believes that if it achieves this plan, it will have sufficient liquidity to fund the continued turnaround of its business. The Talbots, Inc. has revised its payment terms with its major vendors, resulting in enhanced financial flexibility and increased operating cash flow. In addition, the Company currently has working capital lines of credit totaling $165 million and believes that these lines will be adequate to fund its fiscal 2008 working capital requirements under its current plan.

Conference Call Dial-in Information

The call will take place today, April 18, at 9:00 a.m. (Eastern Time). In order to participate in the conference call, please dial 866-336-2423 approximately 10 minutes prior to the scheduled time and give the passcode "TLB".

If you are unable to participate in the conference call, you may listen to a replay of the call by dialing 800-642-1687 passcode 44416870. Please note the replay will be made available from approximately one hour after the conclusion of the call until 11:59 p.m. Eastern Time on April 20, 2008. This call will also be simultaneously broadcast live over the Internet at www.thetalbotsinc.com/ir/ir.asp and will be archived on the Company's website for a period of 12 months.

The Talbots, Inc. is a leading international specialty retailer and direct marketer of women's apparel, shoes and accessories. The Company currently operates a total of 1,422 stores in 47 states, the District of Columbia, Canada and the U.K., with 1,149 stores under the Talbots brand name and 273 stores under the J. Jill brand name. Both brands target the age 35 plus customer population. Talbots brand on-line shopping site is located at www.talbots.com and the J. Jill brand on-line shopping site is located at www.jjill.com.

It’s a common saying, one we’ve heard many times, but unfortunately is a fashion lie: “Buy this now; wear it forever.” But More magazine’s Charla Krupp says that even basics have an expiration date and though it is difficult to part with pieces we once loved, we need to do so or end up looking boring and outdated. (Charla has done more than 100 style segments on The Today Show and has been a regular on The E! and Home Shopping Network. Her new book, How Not To Look Old is a New York Times bestseller.) How clothes makes you feel is as important as what they say about you. Treat yourself to some new basics and check out the fashions in April’s More magazine. Let me know if you’re interested in seeing the full article. An excerpt below.                  

Thanks to the ABC's hit reality series “American Inventor”™ -- from “American Idol” producers FremantleMedia North America, Simon Cowell's Syco Television and Peter Jones TV Ltd. - our fashion worries will soon be over. Originally created by runner-up contestant Elaine Cato, the new Maidenform Breakthrough™ Backless Bra is the first product ever to be brought to mass market. This new foundation features a completely backless construction with silicone wire channeling that prevents slippage. Now women don't have to shy away from the latest backless fashion trends and can feel sexy, feminine and supported - all at once!