SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

_________________

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported) December 19, 2003

THE TALBOTS, INC.
(Exact name of Registrant as Specified in Charter)

Delaware
(State or Other Jurisdiction of Incorporation) 1-12552
(Commission File Number) 41-1111318
(I.R.S. Employer Identification Number)

One Talbots Drive, Hingham, Massachusetts
(Address of Principal Executive Offices) 02043
(Zip Code)

Registrant’s telephone number, including area code (781) 749-7600

INFORMATION TO BE INCLUDED IN THE REPORT

Item 5.  Other Events and Regulation FD Disclosure.

        On October 9, 2003, The Hongkong and Shanghai Banking Corporation Limited (“HSBC”) offered a renewal of its Letter of Credit Facility, between The Talbots, Inc. (the “Company”) and HSBC, which was approved by the Company.

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.

(c) Exhibits.

99.1 Letter Agreement concerning credit facilities between HSBC and the Company dated October 9, 2003.

SIGNATURE

          Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated:  December 19, 2003 THE TALBOTS, INC.


By:  CAROL GORDON STONE
——————————————
        Carol Gordon Stone
         Vice President, Corporate Controller

EXHIBIT INDEX

Exhibit No. Title

99.1 Letter Agreement concerning credit facilities between HSBC and the Company dated October 9, 2003.