Daily News Record back issues from May 1988:
Brooks Bros. team to remain: M&S. (Marks and Spencer acquisition of Brooks Bros.)
May 04, 1988; ... Brooks Bros. Team To Remain: M&S LONDON (FNS) -- The Brooks Brothers management team will be left intact, but the store's merchandise mix will be changed to reflect the strengths of its new parent company -- Marks & Spencer. The London-based retailer officially purchased the ...
Macy's still mum on plans for 2 Bullock's, Magnin. (department store acquisitions)
May 04, 1988; ... Macy's Still Mum on Plans For 2 Bullock's, Magnin LOS ANGELES -- R.H. Macy officially took control of Bullock's/Bullock's Wilshire and I. Magnin Tuesday, but rumors continue to swirl on how the former Federated divisions will be restructured. A Macy's spokesperson told DNR ...
Congress may take ruling moot; lawyers see little impact in any case. (discount house pricing does not violate law)
May 04, 1988; ...LIMITED OKAY FOR TERMINATION AGREEMENTS Congress May Make Ruling Moot; Lawyers See Little Impact in Any Case WASHINGTON (FNS) -- Upscale retailers rejoicing over Monday's Supreme Court antitrust decision, which makes it easier for manufacturers to freeze out discounters, may have to cut ...
Richard Pressler named president, ceo at Hathaway.
May 04, 1988 ... Richard Pressler Named President, CEO at Hathaway NEW YORK -- Richard Pressler, Gant's executive vice-president, will join C.F. Hathaway as president and chief executive officer. He replaces Russell Whiteford, who will go to Hartmarx Corp. as president of Hartmarx Apparel Co., a newly ...
Gitano expands its reach, builds stronger base in Far East.
May 04, 1988; ... Gitano Expands Its Reach, Builds Stronger Base in Far East HONG KONG (FNS) -- Gitano, continuing in its upward climb, is placing a heavy bet on sourcing and growing in the Far East, especially Hong Kong. The New York-based firm has increased its production operations there, and ...
Campeau to merge Rich's, Goldsmith's. (aftermath of Federated Department Stores acquisition by Campeau Corp.)
May 04, 1988; ... Campeau to Merge Rich's, Goldsmith's ATLANTA -- Rich's and Goldsmith's, both former Federated Department Stores divisions acquired Tuesday by Campeau Corp., will be merged within the newly organized Campeau organization. Headquarters for the stores will be here in Atlanta, which ...
N.S. Matthews resigns Federated presidency. (aftermath of Campeau Corp.'s acquisition of Federated Department Stores)
May 04, 1988 ... N.S. Matthews Resigns Federated Presidency NEW YORK (FNS) -- Norman S. Matthews has resigned as president of Federated Department Stores. He follows former chairman Howard Goldfeder as the second Federated executive to resign in light of Campeau Corp.'s acquisition of the department store ...
Bank buys Courtaulds stake; hear it's for Aussie investor. (man-made fibers industry)
May 04, 1988; ... Bank Buys Courtaulds Stake; Hear It's for Aussie Investor LONDON (FNS) -- Robert Fleming, a London merchant bank, has acquired at least 3 percent of the shares of Courtaulds PLC, the British fibers and chemical giant, according to Richard Lapthorne, Courtaulds' finance director. ...
A franchise player ... and still growing. (Sports Fantasy Marketing Inc.)
May 04, 1988; ... A FRANCHISE PLAYER . . . And Still Growing COLUMBUS, Ga. -- The walls of Sports Fantasy stores are covered with team- and player-named football jerseys, baseball jackets and basketball shirts, reflecting the nearly two-year-old franchise chain's big investment in the hottest game in ...
Closely knit Alabama community aids in fight to save Benham. (apparel manufacturer)
May 04, 1988; ... CLOSELY KNIT ALABAMA COMMUNITY AIDS IN FIGHT TO SAVE BENHAM SCOTTSBORO, Ala. -- The saga of Benham Corp. may yet have a happy ending, but the jury is still out. Despite several setbacks over the past year, including filing a petition for Chapter 11 bankruptcy last July, this ...
DMC to propose dividend - the first since 1980. (Dollfus Mieg et Cie)
May 04, 1988 ... DMC to Propose Dividend -- The First Since 1980 PARIS (FNS) -- Dollfus Mieg & Cie. (DMC) will propose its first dividend to shareholders since 1980 following its major increase in annual sales and profits for the sixth consecutive year. The textile group said its consolidated net ...
TAMMF to research ways to make computerized technology pay off. (Textile and Apparel Machinery Modernization Foundation)
May 04, 1988; ... TAMMF to Research Ways to Make Computerized Technology Pay Off WASHINGTON (FNS) -- The newly formed Textile and Apparel Machinery Modernization Foundation (TAMMF) says its first project will be to develop factory communication standards for computerized equipment. The aim is to help textile ...
Ailing Frost Bros. to close 4 of its 9 specialty stores.
May 04, 1988; ... Ailing Frost Bros. to Close 4 of Its 9 Specialty Stores NEW YORK (FNS) -- Frost Brothers plans to close four of its nine specialty stores and phase out its retail footwear and handbag division as part of a Chapter 11 reorganization. The plan was disclosed at a private meeting of ...
Say New York group buying Shelley's Tall Girl Shops.
May 04, 1988 ... Say New York Group Buying Shelly's Tall Girl Shops NEW YORK (FNS) -- Shelly's Tall Girl Shops, Inc., a Los Angeles-based retailer operating more than 50 stores, reportedly is being sold to a New York group. The chain is being bought by Shelly's Acquisitions, a company formed for ...
Robert E. Klufer elected to 3d term as NOSA president. (National Outerwear and Sportswear Association)
May 04, 1988 ... Robert E. Klufer Elected to 3d Term As NOSA President NEW YORK -- Robert E. Klufer has been elected for a third term as president of the National Outerwear & Sportswear Association (NOSA), a division of the American Apparel Manufacturers Association. Klufer is president of ...
The Louis credo: believe ... and commit! (Louis of Boston) (column)
May 04, 1988; ... The Louis credo: Believe ...and commit! NEW YORK -- The decision to open a two-story, 20,000-square-foot specialty store on some of the most expensive real estate in the world -- New York's 57th Street -- must take a towering amount of confidence, money and guts. Others, equally endowed, ...
Sourcing in the Caribbean finally on verge of boom. (clothing trade, Caribbean Basin Initiative)
May 05, 1988; ... Sourcing in the Caribbean Finally on Verge of Boom MONTEGO BAY, Jamaica -- after years of growth by fits and starts, apparel sourcing programs in the Caribbean region are finally poised for sharp advances. U.S. apparel executives, while recognizing the formidable difficulties of ...
M-MF exports up in quarter, US shipment flat. (man-made fibers)
May 05, 1988; ... M-MF Exports Up In Quarter, US Shipments Flat NEW YORK -- The Weak U.S. dollar helped push first quarter 1988 exports of man-made fibers up nearly 17 percent over first quarter 1987, while domestic shipments were about flat for the period. Strong domestic shipments of polyester ...
Macy's offers Rosenthal top men's post at 'new' Bullocks. (James Rosenthal)
May 05, 1988; ... Macy's Offers Rosenthal Top Men's Post at 'New' Bullock's LOS ANGELES--James Rosenthal, senior vice-president and general merchandise manager, men's, boys' and intimate apparel for the 22 Bullock's stores, has been offered the top men's wear position in the new R.H. Macy & co.-owned ...
Zayre shares climb 1.5 amid rumors of takeover. (discount houses)
May 05, 1988; ... Zayre Shares Climb 1-1/2 Amid Rumors of Takeover NEW YORK (FNS) -- The stock of Zayre Corp. increased 1-1/2 points Wednesday to close at 25 on the New York Stock Exchange after Drexel Burnham Lambert put the stock on its restricted list in the morning. The stock was the second most active ...
Probe is over, but IRS still eyes apparel biz. (Irwin Feiner)
May 05, 1988; ... Probe Is Over, But IRS Still Eyes Apparel Biz NEW YORK (FNS) -- In about three weeks, former apparel executive Irwin Feiner will slip behind bars at a federal prison to begin his 3-1/2-year sentence for not paying taxes on about $26 million earned through a phony-invoicing scheme. His trip ...
Upscale dresswear makers establish new trade group. (The League)
May 05, 1988; ... Upscale Dresswear Makers Establish New Trade Group NEW YORK -- A new association made up of about two dozen upscale North American dresswear manufacturers plans to hold two shows in New York next year. The group, called The League, plans to hold its first market Jan. 16-19, 1989, at the ...
Gruppo GFT to make Dior men's wear for W. Europe.
May 05, 1988; ... Gruppo GFT to Make Dior Men's Wear for W. Europe PARIS (FNS) -- Christian dior has signed a five-year licensing agreement with Gruppo GFT of Turin, Italy, for the manufacture and distribution of the Christian Dior Monsieur men's wear in most of Western Europe. The agreement for ...
Wanamaker's won't fill president's post at chain. (department stores)
May 05, 1988 ... Wanamaker's Won't Fill President's Post at Chain PHILADELPHIA (FNS) -- Donald R. Godfrey, senior vice-president of stores at John Wanamaker department stores will now be the top locally based executive at the 15-unit chain, Edwin Hoffman, chairman of Woodwarwd & Lothrop, ...
Hartmarx names Carrel Sr., V-P, HS&M sales. (Rolla Carrel, clothing trade; Hartmarx Shaffner & Marx)
May 05, 1988 ... Hartmarx Names Carrel Sr. V-P, HS&M Sales CHICAGO -- Rolla Carrel, executive vice-president of marketing for the HArtmarx Apparel Co., has been promoted to senior vice-president of sales for the Hart Schaffner & Marx brand, a new position. He will be responsible for the brand's ...
7 retailers nominated for 1988 Marty Award.
May 05, 1988 ... 7 Retailers Nominated For 1988 Marty Award LOS ANGELES -- The winner of last year's Marty Retailer Award, Paul Heussenstamm of Newport Surf & Sport, was among the seven nominees for the 1988 award, which will be presented June 27 at the California Mart. Other nominees ...
Jenks not just another jewelry designer. (Lisa Jenks )
May 05, 1988; ... JENKINS NOT JUST ANOTHER JEWELRY DESIGNER NEW YORK -- In the recent past, the most visible men's fashion jewelry item seemed to be a thick gold chain worn against a hairy chest. Accessory designer Lisa Jenks has responded to men's current heightened fashion awareness with an upscale line of ...
Mark Cross now selling other stores. (men's accessories manufacturer)
May 05, 1988; ... Mark Cross Now Selling Other Stores NEW YORK -- One of this country's oldest accessories makers, Mark Cross, has launched a line to expand distribution from its own 17-store chain into department and specialty stores across the country. The new, Italian-made accessories line, ...
Names for Dames files suit against Bernard W. Gimbel. (apparel stores)
May 05, 1988; ... Names for Dames Files Suit Against Bernard W. Gimbel NEW YORK (FNS) -- Names for Dames, Inc., which says it retained real estate operator Bernard W. Gimbel to help it acquire Donlevy's, Inc., a 21-store apparel retailer, has filed suit charging Gimbel took the deal for himself. As ...
HC's Textile Fibers Group sets up several new units. (Hoechst Celanese Corp.)
May 05, 1988 ... HC's Textile Fibers Group Sets Up Several New Units NEW YORK -- The Textile Fibers Group of Hoechst Celanese Corp. has established several new separate business units. The move is a continuation of the firm's efforts to integrate the fibers operations of Celanese Corp. and American Hoechst ...
Study: dep't stores still losing market to discounters. (MRCA report)
May 05, 1988 ... Study: Dep't Stores Still Losing Market to Discounters NEW YORK -- Department stores continued to lose market share to off-price and discount stores last year, according to a Soft Goods Inforamtion Service Report issued by MRCA. Markets share held by department stores has been ...
U.S. tanners still worried over plan to ban South African chrome. (leather industry)
May 05, 1988; ... U.S. Tanners Still Worried Over Plan to Ban South African Chrome NEW YORK -- The domestic leather industry may have won its latest battle to keep chromium, so vital to the leather tanning process, flowing from South Africa, but the battle in Congress to restrict chrome and other imports ...
Decade of growth seen for department stores.
May 05, 1988; ... Decade of Growth Seen For Department Stores CHICAGO -- Department stores will have "good to substantial" growth in the next decade while specialty and discount operations remain flat and mass merchants continue to lose ground, according to Steve Watson, chairman and chief executive officer ...
New Retail Concepts adds No Excuses men's division.
May 05, 1988 ... New Retail Concepts Adds No Excuses Men's Division NEW YORK -- New Retail Concepts, Inc., parent company of No Excuses women's jeans, is launching a No Excuses contemporary men's division for fall/holiday '88. The division is headed by Marshall Jablon, president, who was most recently ...
Program trading in apparel. (clothing trade) (column)
May 05, 1988; ... Program trading in apparel NEW YORK -- There's program trading on Wall Street, which is believed to be responsible for much of the wild gyrations in the stock market . . . and there's program trading in apparel, which observers are coming around to consider as a major influence in hindering ...
Rayon-poly textures. (textile designs)
May 05, 1988; ... RAYON/POLY TEXTURES Nubs and long slubs, inspired by linens and silks, supply surface texture in rayon and polyester blends. Many of these fabrics aimed at the slacks market are actually retro looks taken from the '40s and '50s which seem to have gained popularity in the young men's area. ...
No radical changes at Brooks. (Brooks Brothers)
May 06, 1988; ... No Radical Changes at Brooks NEW YORK -- "Walking into Brooks Brothers was like coming home," said Alan K.P. Smith, director of Marks & Spencer PLC and president of Marks & Spencer U.S. Holding Co., of which Brooks Brothers is now a division. "We have bought something very special, and ...
Early Easter cuts into April sales gains at major stores.
May 06, 1988; ... Early Easter Cuts Into April Sales Gains at Major Stores NEW YORK (FNS) -- An early Easter put the brakes on sales gains in April for a group of 12 retailers, as they turned in an average sales increase of only 5.7 percent in the month. For the year-to-date 13 weeks, the group ...
Union, NY specialty stores sign three-year contract. (men's specialty stores)
May 06, 1988; ... Union, NY Specialty Stores Sign Three-Year Contract NEW YORK -- A new three-year contract for some 2,500 salespeople and support staff employed by men's specialty stores primarily in New York area calls for annual wage increases of 5-1/2 to 6 percent, according to management. The ...
Say China as filled quota on 68s cotton print cloth. (Gray Goods) (column)
May 06, 1988; ... Say China Has Filled Quota On 68s Cotton Print Cloth NEW YORK -- China has filled its 1988 quota on the cotton 50-inch, 68X68, 3.30 yard gray print cloth, according to word among importers this week. With the temporary removal of China as a seller of this cloth, market sources ...
Carreker exits Burdines, joins Wyndham Hotel. (James D. Carreker)
May 06, 1988 ... Carreker Exits Burdines, Joins Wyndham Hotel MIAMI -- james D. Carreker has resigned as president of Burdines to serve as president of the Wyndham Hotel division of Trammel Crow Co. of Dallas, Texas. No successor has been named. Burdines is one of the former Federated divisions ...
Bongibault will be running Dior beginning July 1. (Beatrice Bongibault)
May 06, 1988 ... Bongibault Will Be Running Dior Beginning July 1 PARIS (FNS) -- Beatrice Bongibault, 35, who is currently running Channel's fashion operations, has been appointed as the new general manager and chief operating officer of Christian Dior S.A., effective July 1. "She will be in ...
Say Agache's Bernard Arnault mystery buyer of Gucci shares.
May 06, 1988 ... Say Agache's Bernard Arnault Mystery Buyer of Gucci Shares MILAN (FNS) -- The mysterious investor who purchased 44.4 percent of Guccio Gucci S.p.A.'s share last month is said to be Bernard Arnault, chairman of Financiere Agache, a French apparel and real estate holding company, according to ...
Creditors get time to review Frost Bros.' finance plan.
May 06, 1988 ... Creditors Get Time to Review Frost Bros.' Finance Plan NEW YORK (FNS) -- A bankruptcy court hearing on a new financing agreement between Frost Brothers and its banks was adjourned Thursday to May 11 at 2 p.m. to allow the company's newly formed creditors committee time to review the ...
Periscope Sportswear sues 3 ex-employees.
May 06, 1988 ... Periscope Sportswear Sues 3 Ex-Employees NEW YORK (FNS) -- Periscope Sportswear, Inc., a ready-to-wear manufacturer and importer, has filed suit against three former employees, charging them with unauthorized use of Periscope's label. The suit, which was filed in Federal District ...
$3M ad campaign suits young execs. (Anderson-Little-Richman Brothers promote men's suits)
May 06, 1988; ... $3M Ad Campaign Suits Young Execs NEW YORK -- Not too many stores can successfully promote men's suits priced below $200, but Anderson-Little/Richman Brothers, the 300-unit retailer based in Fall River, Mass., spent $3 million last year to do just that. The New England firm's ...
S.T. Dupont has burning desire to diversify into men's wear.
May 06, 1988; ... S.T. Dupont Has Burning Desire to Diversify Into Men's Wear PARIS (FNS) -- S.T. Dupont, which claims to be the world's largest supplier of luxury lighters, is entering into the men's apparel business -- the first phase of a diversification plan under its new ownership. Last ...
Best sellers Southeast. (men's clothing)
May 06, 1988; ... BEST SELLERS SOUTHEAST IT'S BEEN A TYPICAL spring in the Southeast so far -- not too hot, not too cool -- but some men's wear items, especially better sportswear, are absolutely sizzling. They include pleated trousers and pants and shorts; short-sleeved shirts -- both wovens and knits; and ...
Midwest Summit: pass textile trade bill. (Midwest Summit Conference on Trade)
May 06, 1988 ... Midwest Summit: Pass Textile Trade Bill OMAHA -- Swift enactment of the Textile and Apparel Trade Act of 1987 was urged by participants in the recent Midwest Summit Conference on Trade during the closing ceremony at Pendleton Woolen Mills in nearby Bellevue. More than 60 ...
Say Cardin in license talks in Philippines, Indonesia. (Pierre Cardin)
May 06, 1988; ... Say Cardin in License Talks In Philippines, Indonesia HONG KON (FNS) -- Pierre Cardin is holding discussions with several Filipino textile firms over the possibility of establishing apparel licensing agreements, according to industry sources. Cardin, on a tour of several Southeast ...
Hear Philippines cracking down on fabric smugglers.
May 06, 1988 ... Hear Philippines Cracking Down on Fabric Smugglers HONG KONG (FNS) -- The Philippines Governmnet has intensified its crackdown on a flood of fabrics and apparel being smuggled into the country. According to industry sources in Manila, millions of pesos worth of imported fabrics ...
Katherine Hamnett sets New York store.
May 06, 1988 ... Katharine Hamnett Sets New York Store NEW YORK -- Katharine Hamnett, a leading British fashion designer, plans to open her first American store here late this summer at 456 West Broadway, in the Soho area. The designer recently opened a shop in Glasgow and plans to open another ...
Thomas Robinson makes offer for John Crowther.
May 06, 1988 ... Thomas Robinson Makes Offer for John Crowther LONDON (FNS) -- Thomas Robinson Group PLC has stepped into the bidding for John Crowther Group PLC with a 233 million pound ($435.7 million) offer for the textiles, apparel and carpets company. Robinson's bid tops a 224 million pound ...
Third World presents to GATT a four-step plan to end MFA. (General Agreement on Tariffs and Trade, Multi-Fiber Arrangement)
May 06, 1988 ... Third World Presents to GATT A Four-Step Plan to End MFA GENEVA (FNS) -- Third World producers of textiles and apparel proposed four-stage negotiations to phase out the Multi-Fiber Arrangement (MFA) by teh end of 1990. The proposal was presented by the International Textiles and ...
Getaway gear. (All About Sportswear-Boys)
May 09, 1988; ... GETAWAY GEAR Fall 1988 finds the boys' wear market in step with the trend in men's wear towards rugged, work-wear-inspired sportswear and outerwear. Designers draw on such disparate sources as traditional hunting garb and military uniforms to achieve this look, which is characterized by ...
Men's wear playing a larger role. (Benetton) (All About Sportswear)
May 09, 1988; ... Mens's Wear Playing a Larger Role ROCKY MOUNT, N.C. -- Benetton's retailing plans for the future call for more of its Uomo stores, which target males specifically, as well as adding United Colors stores, "superstores" that carry apparel for the entire family, according to Carlo Benetton, one ...
Hear Bancroft has been sold to investor group. (Bancroft Haberdashers Ltd.)
May 09, 1988 ... Hear Bancroft Has been Sold To Investor Group NEW YORK -- Bancroft Haberdashers Ltd., a six-unit men's specialty store chain based here, has changed ownership, DNR has learned. Market reports indicate that a group of investors including executives of Jack Lang Clothes, a retailer ...
Morosky says Campeau nixed original deal. (Robert H. Morosky; Robert Campeau)
May 09, 1988; ... Morosky Says Campeau Nixed Original Deal NEW YORK -- Robert H. Morosky, who resigned as president of Allied Stores Corp. late Friday, said over the weekend that he quit after Robert Campeau, chairman of Campeau Corp., reneged on a promise to make Morosky chairman of the retail operation. ...
Benetton has big plans for Rocky Mount unit.
May 09, 1988; ... Benetton Has Big Plans for Rocky Mount Unit ROCKY MOUNT, N.C. -- The Benetton Group plans to double production at its manufacturing plant in Rocky Mount, N.C., within the next three years, according to Carlo Benetton, the partner in charge of production for the Italian firm. ...
Macy's expands flagship boys' area by 33%.
May 09, 1988 ... Macy's Expands Flagship Boys' Area by 33% NEW YORK -- Macy's New York has expanded its boys' 8-to-20 department on the fifth floor of its Herald Square flagship store. The boys' department has been expanded by one-third, occupying 18,500 square feet, compared with 14,000 square ...
AAMA says stores bypass kids' sleepwear safety regs. (American Apparel Manufacturers Association)
May 09, 1988; ... AAMA Says Stores Bypass Kids' Sleepwear Safety Regs WASHINGTON (FNS) -- Numerous department stores and specialty retailers nationwide are selling flammable 100 percent cotton garments as childrens' sleepwear, apparently circumventing strict federal fire safety rules, an apparel industry ...
Donlevy's plans Chap. 11 go-ahead in midst of legal battles for control.
May 09, 1988 ... Donlevy's Plans Chap. 11 Go-Ahead In Midst of Legal Battles for Control BOSTON (FNS) -- While a legal battle rages in New York between two rivals for control of Donlevy's Inc., a 21-store apparel retailer, attorneys for the company and its creditors committee said Friday that they plan to ...
Slate Matura for William Carter CEO. (Robert J. Matura)
May 09, 1988; ... Slate Matura for William Carter CEO NEW YORK (FNS) -- Robert J. Matura, former president of Warnaco, Inc., is slated to become chief executive officer of The William Carter Co. as part of Wesray Capital Corp.'s $70-a-share buyout, according to documents filed with the Securities and Exchange ...
Textile, apparel employment show declines during April.
May 09, 1988; ... Textile, Apparel Employment Show Declines During April WASHINGTON (FNS) -- Employment in the apparel industry in April totaled 1,113,000, down 2,000 from the March figure of 1,115,000 and 9,000 higher than the April 1987 job total of 1,104,000, the Labor Department reported Friday. ...
2 tailored clothing firms, others pioneer in US modular production.
May 09, 1988; ... 2 Tailored Clothing Firms, Others Pioneer in US Modular Production NEW YORK -- Eight major apparel manufacturers, including two tailored clothing firms and a shirt producer, are using or showing interest in a production technique said to dramatically reduce throughput time and sharply ...