Daily News Record back issues from December 1992:
J&F to relocate New York offices. (Joseph & Feiss Co.) (Brief Article)
Dec 01, 1992 ... NEW YORK -- The Joseph & Feiss Co. is moving to 49 West 57 Street from its longtime offices in 1290 Avenue of the Americas in May 1993, according to Jean de Jaegher, president and chief executive officer of IFAC, the Marzotto holding company that is J&F's parent. Hugo Boss ...
Early snowstorms get skiwear biz off to fast start in Colorado Stores; Thanksgiving weekend is significantly ahead of last year for many retailers.
Dec 01, 1992; ... DENVER (FNS) -- Mid-November "winter" storms brought some of the heaviest snows in the history of Colorado, and the resulting Thanksgiving weekend skiwear business is helping retailers whoosh into what appears to be a profitable season. At Christy Sports' 16 Colorado stores, ...
IMP Originals. (boys' wear maker moves to Childrenswear Center) (Brief Article)
Dec 01, 1992 ... IMP ORIGINALS, a New York-based boys' wear manufacturer, has moved its showrooms and offices to The Childrenswear Center, 100 West 33d Street, Suite 835. Imp's new 1700-square-foot space is 40 to 50 percent larger that ...
James Mabry. (joins Trafalgar Ltd. as national sales manager) (Brief Article)
Dec 01, 1992 ... MARY WINCHELL has been promoted to managing director of TRAFALGAR LTD.'s wholesale marketing division, which markets men's leather accessories. This is a new post. She reports to Marley Hodgson, founder/CEO of the Norwalk, Conn.-based company. Winchell was most recently ...
Edward Kaminow joins Lord West as president, chief oper. officer. (Brief Article)
Dec 01, 1992 ... NEW YORK -- Edward S. Kaminow has joined Lord West as president and chief operating officer, succeeding Harvey Weinstein who has assumed the post of chairman and chief executive officer. According to Weinstein, Kaminow will be responsible for marketing, merchandising and ...
Large vacancies in House of trade legislation reps. (House of Representatives)
Dec 01, 1992; ... WASHINGTON (FNS) -- This year's elections left the House committee charged with writing tax policy and considering trade legislation 39 percent vacant, the highest rate of any congressional panel. With 14 vacancies out of 39 Democratic and Republican members, the House Ways and ...
Sales strong in Southeast; regular-priced items sell well. (Christmas season begins)
Dec 01, 1992; ... ATLANTA -- The holiday shopping season started off with a bang in the Southeast this year, giving men's wear retailers just what they wanted out of Santa's bag. Sales were up from single digits to 32 percent for the week. Big winners included woven sport shirts, casual pants and ...
Sales feast in the Northeast for most men's departments. (Christmas season begins)
Dec 01, 1992; ... NEW YORK -- Men's wear business at most department and specialty stores in the Northeast got off to a roaring start, with sales up in the high single to mid-double digits over last year. Tailored clothing, dress shirts and sweaters in varying price points were among the top ...
Men's leads Christmas charge for stores in the Southwest. (1992 holiday season begins)
Dec 01, 1992; ... DALLAS -- Cash registers jingled like holiday bells as Thanksgiving weekend kicked off what Southwest retailers hope will be a joyful holiday selling season. "Men's wear and kids' were the sales leaders this past weekend," said Randy Ronning, vice-president and divisional ...
West Coast sales continue flat; big upsurge not expected. (Christmas sales season begins) (Brief Article)
Dec 01, 1992; ... LOS ANGELES -- Although most areas around the country were reporting brisk holiday business, many West Coast retailers posted flat sales and say that they are not expecting big increases in the remaining weeks before Christmas. Gary Gladding, executive vice-president of ...
Men's biz like '80s for Midwest stores. (Christmas season begins)
Dec 01, 1992; ... CHICAGO -- Midwest retailers say Christmas got off to a rousing start with strong Thanksgiving weekend sales and traffic. Most said sales were considerably ahead of last year, and some had the kind of increases not seen since the boom years of the mid-'80s. "This could be the ...
Heavyweight twill demand high but the pipeline has run dry; 4th and 1st qtrs. tightly sold, say mills. (Column)
Dec 01, 1992; ... NEW YORK -- There was small-scale buying of a variety of gray goods last week, but the marking-time of many buyers was still very much in effect. To some small degree the holiday limited the scope of this activity. Converters showed continued interest in getting ...
Sliver Machine slowly finding niche. (carding machinery)
Dec 01, 1992; ... CHARLOTTE, N.C. -- When Josef Gunter, Industrial Innovators chairman, developed new technology, called the Sliver Machine, five years ago, it appeared that the small firm based in Durham, N.C., was ready for tremendous growth. The Sliver Machine cards fibers into sliver that is ...
Today's Man narrows losses in third period; sales up 22%. (Brief Article)
Dec 01, 1992 ... MOORESTOWN, N.J. (FNS) -- Today's Man, Inc., narrowed its losses in the third quarter as sales jumped 22.1 percent. In the quarter ended Oct. 31, the off-price chain reduced its losses to $103,300 from $1 million a year ago. Sales rose 22.1 percent to $27.3 million ...
Proffitt's earnings double in period. (Brief Article)
Dec 01, 1992 ... KNOXVILLE, Tenn. (FNS) -- Fueled by "very strong" sales in women's, juniors' and children's apparel, Proffitt's, Inc., said earnings more than doubled for the third quarter and nine months ended Oct. 31. In the quarter, Proffitt's earned $1 million, or 16 cents a share, up from ...
Hampton Inds. profits skyrocket in third quarter; sales up 32%. (Hampton Industries Inc.) (Brief Article)
Dec 01, 1992 ... KINSTON N.C. (FNS) -- Hampton Industries, Inc., posted substantial earnings increases in the third quarter on a sales gain of 32.6 percent. In the quarter ended Sept. 26, earnings rose to $1.6 million, or 38 cents a share, from $167,000, or 4 cents, a year earlier. Sales jumped ...
Gitano Group expects extension on waivers on $300M bank loan. (Brief Article)
Dec 01, 1992; ... NEW YORK (FNS)--In what could be the first hurdle since the Chapter 11 filings by the Daba family, the Gitano Group expects to receive another extension of waivers on $300 million in bank debt scheduled to expire Friday. "Our lenders on past occasions have always granted waiver ...
Bradlees to acquire Alexander's store site in Yonkers for $16.5M. (Brief Article)
Dec 01, 1992 ... NEW YORK (FNS) -- Although initially shut out in its attempt to enter the New York market, Bradlees, Inc., has agreed to buy the former Alexander's store site in Yonkers from Caldor Corp. Bradlees will pay $16.5 million cash for the unit to Caldor, which outbid Bradlees for six ...
Salant's stockholders committee gives nod to Chapter 11 plan. (Brief Article)
Dec 01, 1992 ... NEW YORK (FNS) -- The Salant Corp.'s stockholders committee has added its support to the company's proposed Chapter 11 reorganization plan. Salant's unsecured creditors committee and pre-petition bank lenders previously agreed to accept the ...
Woolworth to add 40 'The Bargain!' units. (Brief Article)
Dec 01, 1992 ... TORONTO (FNS) -- F.W. Woolworth Co., a unit of Woolworth Corp., said it will add about 40 stores to its The Bargain! chain. The new locations are mainly in Ontario and Eastern ...
Vest does best biz for fall. (1992)
Dec 02, 1992 ... NEW YORK - The vests have it. Specialty stores across the country list vests in every style as their number-one best-selling item from the fall '92 contemporary/better sportswear market. Following on its heels were flannel shirts and rugged 3/4-length outerwear. Anything that ...
Caribbean execs seeking parity with No. American Trade pact. (North American Free Trade Agreement)
Dec 02, 1992; ... MIAMI (FNS) - Latin American government and apparel industry officials Tuesday warned that the U.S.'s failure to grant their nations free-trade parity with Mexico would wreck their manufacturers and hurt American apparel makers, too. "A Mexico under the North American Free-Trade ...
Seek top court relief from unpaid freight charges; retailers, others say defunct motor carriers aren't playing by the rules. (California Consolidated Enterprises v. Carolina Motor Express Inc.) (Brief Article)
Dec 02, 1992; ... WASHINGTON (FNS) - Defunct motor carriers that are charging retailers and other businesses billions of dollars in unpaid freight charges aren't playing by the nation's trucking regulations, according to arguments heard Tuesday before the Supreme Court. At issue in Peter Reiter ...
Faded Glory: re-born in the USA. (sportswear manufacturer) (Brief Article)
Dec 02, 1992 ... Faded Glory, the company renown for leadership in innovative design concepts for fashion jeans in the 70's, has been reborn and brought back to glory for Fall '93. The Faded Glory brand name was recently acquired by A.C. Group Ltd., the holding company also for Bonjour Group ...
Faded Glory announces $5.4 million multi-media marketing campaign. (Brief Article)
Dec 02, 1992 ... Faded Glory will spend $5.4 million to bring the Faded Glory message directly to the consumer. According to Ross Klein, "It is not enough to supply our retailers with only product. Faded Glory will deliver an unparalleled synergistic marketing and advertising campaign that ensures market ...
Textile technology: U.S. mills plan near-record spending for 1993.
Dec 02, 1992; ... CHARLOTTE, N.C. - As several major mills eased their debt loads in what for many was a solid 1992, U.S. textile manufacturers say they're boosting spending levels for new technology in 1993. The latest assessment by the U.S. Commerce Department for capital spending by U.S ....
Machine makers look to China to boost '93 sales. (European textile machinery manufacturers)
Dec 02, 1992; ... BERLIN (FNS) - Despite its political problems, China continues to gain clout with European textile machinery makers. Once a place to get rid of used equipment, China is one of the few bright spots in an otherwise gloomy world sales picture for 1993, say makers. Sales to U.S ....
China's textile sector is on a spending binge.
Dec 02, 1992; ... HONG KONG - China is making a bold bid to become the world's textile leader by the end of the decade. To this end, government and textile officials have been drawing up an overseas shopping list to upgrade its obsolete technology, improve quality and increase exports ...
Computer use skyrockets for yarn testing, monitoring.
Dec 02, 1992; ... GREENVILLE, S.C. - Computer-driven technology for yarn testing, monitoring and process controlling is fast emerging as a key tool for upgrading textile plants. Within the past year, machines have come on the market that test yarns at speeds up to 100 times faster than before, as ...
New Cherokee to sell 25% stake to HK manufacturing group. (Hong Kong, South China (Jersey) Holdings Ltd., Eastham Ltd.) (Brief Article)
Dec 02, 1992 ... NEW YORK (FNS) - The New Cherokee Corp., a producer of fabrics for men's shirtings and women's blouses and sportswear, has agreed to sell a 25 percent interest to a Hong Kong manufacturing group for 4.1 million. New Cherokee, with plants in Sevierville, Tenn., and Spindale, ...
Playtogs Factory Outlet files Chap. 11 petition. (Brief Article)
Dec 02, 1992 ... NEW YORK (FNS) - Playtogs Factory Outlet, Inc., a discount department store in Middletown, N.Y., filed a Chapter 11 petition Tuesday seeking time to reorganize. Playtogs wound up in Chapter 11 despite an infusion of $1,250,000 in the past year by Samuel Wulwick, president ....
Retailer Accessory Place files plan to pay trade 10% cash. (Brief Article)
Dec 02, 1992 ... NEW YORK (FNS) - Accessory Place, Inc., a 100-unit specialty store chain, has filed a Chapter 11 reorganization plan offering to pay 10 percent cash on trade claims. The Accessory Place plan also would give all equity in the company to Royal Hawaiian Shopping Center to settle a ...
'Partnership' begins between Sears, IBM. (Advantis to offer data processing services for Sears, Roebuck and Co. department stores) (Brief Article)
Dec 02, 1992 ... NEW YORK - Advantis, a data and voice networking technology partnership between Sears, Roebuck and IBM, has begun operation. Advantis will provide data processing and networking services for the four operating divisions of the Chicago-based ...
No, son, NAFTA is not a spot remover. (North American Free Trade Agreement) (Column)
Dec 02, 1992; ... NEW YORK (FNS) - "Hey, Dad, what's all this talk about NAFTA? Sounds like some kind of a spot remover." "You're thinking of naphtha, Son. That's a highly flammable solvent that you hardly see anymore, mostly, I think, because it's almost impossible to spell. NAFTA is an acronym ...
Traffic slow, but suit firms optimistic.
Dec 03, 1992; ... NEW YORK -- What this week's clothing market lacked in traffic, it made up in a spurt of optimism and enthusiasm the industry hasn't felt in several years. And clothing executives agree there are signs already that fall '93 will show a dramatic improvement over this year's. Best ...
Clinton vows support on NAFTA, but avoids Caribbean parity issue. (Bill Clinton, North American Free Trade Agreement)
Dec 03, 1992; ... MIAMI (FNS) -- President-elect Bill Clinton Wednesday promised to press ahead on a NAFTA agreement once he takes office, but was mum on a key issue for textile-apparel producers in the U.S. and Caribbean Basin: granting the CBI countries trade parity with Mexico under NAFTA. "I believe the ...
Textile industry seen lacking plans for its future leaders; MBAs alone not answer: Hughes. (Master of Business Administration, Elaine Hughes) (Column)
Dec 03, 1992; ... NEW YORK -- While the textile industry has been making some pretty strong long-term commitments as far as machinery and technology go, it maybe overlooking a very important part of long-term planning -- who's going to run things in the future? Although it is sometimes difficult ...
Plaid Holdings unit buys Gleneagles name, factory. (Brief Article)
Dec 03, 1992 ... NEW YORK -- The J. Schoeneman/Palm Beach Cos. has acquired the Gleneagles name for rainwear and outerwear as well as the former Hartmarx division's manufacturing facility located in Bel Air, Md. Terms of the purchase weren't disclosed. According to James J. Stankovic, ...
Macy's, GECC settle dispute over monthly credit card fees. (R.H. Macy & Co., General Electric Capital Corp.) (Brief Article)
Dec 03, 1992; ... NEW YORK (FNS) -- After months of intense negotiations, R.H. Macy & Co. and General Electric Capital Corp. have settled a dispute over GECC's monthly fee to handle Macy's multimillion-dollar private credit card business. Under a stipulation filed in bankruptcy court here. Macy's ...
Mexico likely to seek quota hikes in anticipation of accord on NAFTA; some officials expect OK for higher levels. (North American Free Trade Agreement) (Brief Article)
Dec 03, 1992; ... WASHINGTON (FNS) -- Mexico is expected to seek increased quotas Thursday on trousers, woven shirts and nightwear in what could be its last bilateral review with U.S. trade officials before the North American Free Trade Agreement takes effect. U.S. textile negotiator Ron Sorini, ...
Columbia Sportswear Co. buys Canada Trans Ltd. (Brief Article)
Dec 03, 1992 ... NEW YORK -- Columbia Sportswear Co. has acquired Canada Trans Ltd., the exclusive Canadian distributor of Columbia products since 1988. Terms were not disclosed. Under the new agreement, the Strathroy, Ontario-based distributor will be renamed Columbia Sportswear ...
Storehouse PLC posts profit. (Brief Article)
Dec 03, 1992; ... LONDON (FNS) -- Storehouse PLC reported after-tax profits of 2.1 million pounds ($3.21 million) on a 7.7 percent rise in sales to 617.4 million pounds ($944.62 million) for the half-year ended Oct. 10. This compares with after-tax losses of 9.5 million pounds on sales of 573.4 ...
Mancillas to distribute Baumler line in U.S. (Mancillas International Ltd.) (Brief Article)
Dec 03, 1992 ... NEW YORK -- The spring/summer '93 Baumler tailored clothing line, produced by this division of GFT SpA in Austria, will be distributed in this country by Mancillas International, according to Leopoldo Borzino, president and chief ...
Men's flexes its muscle at big stores. (men's wear; November 1992 sales statistics at major retail chains) (includes related article)
Dec 04, 1992; ... NEW YORK (FNS) - With a strong assist from men's wear, especially during the post-Thanksgiving weekend, many retailers chalked up their best gains of the year in November The Limited's Structure chain had a strong sales month and "very strong" margins, according to a company ...
Bush administration moving too fast on GATT talks: Senate trade leader. (Senate Trade Subcommittee chairman Sen. Max Baucus; General Agreement on Tariffs and Trade, North American Free Trade Agreement)
Dec 04, 1992; ... WASHINGTON (FNS) - The chairman of the Senate Trade Subcommittee sent messages Thursday to the Bush Administration and the incoming Clinton forces that GATT and the North American Free Trade Agreement would be doomed if concerns on Capitol Hill were not addressed. In a speech to ...
J.J. Hat Center relocating its store after 81 years. (Brief Article)
Dec 04, 1992; ... NEW YORK - New York City's oldest hat store is relocating after 81 years. J.J. Hat Center, located at 1276 Broadway at 33d Street, is being forced out of its longtime home by the building's new owner, according to Jack Lambert, J.J. Hat's president. However, the ...
Perry Ellis licenses Glove Source for gloves, headwear for Fall '93. (Perry Ellis International) (Brief Article)
Dec 04, 1992 ... NEW YORK - Perry Ellis International has licensed The Glove Source, Inc., Shelton, Conn., to manufacture and market gloves and hats for men, women and children under the Perry Ellis and Perry Ellis America labels for fall '93. Chris Turco, licensing coordinator, Perry Ellis ...
Better stores tip hats to fall headwear business. (fall 1992 hat sales)
Dec 04, 1992; ... NEW YORK - Consumers still think caps are cool this fall. The sudden burst of frigid temperatures over the Thanksgiving Day weekend lifted already strong cap business for better men's wear retailers across the country. The baseball cap is leading headwear sales at ...
James Hertling now president of Hertling Inds. (Hertling Industries) (Brief Article)
Dec 04, 1992 ... NEW YORK - James D. Hertling has been promoted to president and chief executive officer of Hertling Industries, according to his father, Julius, who becomes chairman of the traditional tailored clothing company. James Hertling, who joined the company in 1989, was vice-president ...
Playboy, China team up for production venture. (Playboy Enterprises) (Brief Article)
Dec 04, 1992; ... NEW YORK - Who knows? It could lead to the year of the Bunny Playboy Enterprises, in a joint venture with the Chinese Government, has opened a factory in Shantou, China, to produce and distribute Playboy branded apparel and accessories. The Playboy licensee, Chaifa Investment ...
Country Road on U.S. highway. (Country Road Ltd.) (Brief Article)
Dec 04, 1992 ... SYDNEY, Australia (FNS) - Country Road Ltd. plans to continue the expansion of its United States operations and hopes its U.S. business will break even by the last half of the current fiscal year. In the year ended June 30,l992, the U.S. business lost $3.1 million Australian ...
Mexican Rinbros to Sara Lee stable. (Rinbros S.A. de C.V., Sara Lee Corp.) (Brief Article)
Dec 04, 1992 ... WASHINGTON (FNS) - Chicago-based Sara Lee Corp. said it has acquired Rinbros SA de CV, Mexico's largest manufacturer of men's and boys' underwear. The purchase last week of the 600-person firm enhances Sara Lee's position in Mexico by providing its three news Hanes underwear ...
U.S., Latin American apparel execs hit GATT draft changes. (General Agreement on Tariffs and Trade)
Dec 04, 1992; ... MIAMI (FNS) - U.S. and Latin American apparel industry officials vowed to fight textile provisions in a draft GATT agreement they say will cede their markets to Far Eastern producers. "The GATT is the greatest peril to the growth of our company and the existence of many others," ...
Flying Solo in Texas. (Solo Serve Corp.)
Dec 04, 1992; ... DALLAS - Solo Serve Corp. is dressing up off-price shopping in its stores, making it the nearest thing to the department store experience. At the same time, the San Antonio-based discounter is walking the other side of the street with its new no-frills Half & More stores that ...
Stretching the golf biz. (USA Enterprises and golf slacks)
Dec 04, 1992 ... NEW YORK - Mass merchants are abdicating the golf slacks business to the sporting goods category killers, claims Miles Weiss, board chairman of USA Enterprises, the slacks and jeans company that began producing Wal-Mart's Chip Beck stretch golf slacks and shorts about three years ago. ...
Weekend Warrior strikes again. (discount clothing stores) (Brief Article)
Dec 04, 1992; ... WASHINGTON (FNS) - Already a smash hit in Altlanta, the "Weekend Warrior" off-price clothing store format invaded the nation's capital last week. Weekend Warrior stores are open for business only on Fridays, Saturdays and Sundays. This latest version is the Menswear Mega Center ...
Yearend liquidations force down a number of print cloth prices. (Brief Article)
Dec 04, 1992; ... NEW YORK - Price softness surfaced in a number of print cloths this week with an increase in secondhand offerings of spot goods. To some degree this was believed to be part of the usual yearend liquidations of inventory by some converters. But it was also seen as a reflection of ...
Delta Woodside to sell yarn plant to Parkdale. (Delta Woodside Industries, Parkdale Mills) (Brief Article)
Dec 04, 1992 ... GREENVILLE, S.C. - Delta Woodside Industries plans to sell a yarn manufacturing plant in Gastonia, N.C., to Parkdale Mills. The sale price was not disclosed. Delta Woodside said that it has signed a letter of intent to sell the Ragan plant, which employs 151 workers. Current ...
HC puts 7-cent price hike on its industrial poly yarns. (Hoechst Celanese Technical Fibers) (Brief Article)
Dec 04, 1992 ... NEW YORK - Hoechst Celanese Technical Fibers' Industrial Fabrics Business Unit has increased prices on all high-tenacity polyester yarns for industrial fabrics ...
Textile shipments drop 3.1% in October. (Department of Commerce statistics) (Brief Article)
Dec 04, 1992; ... WASHINGTON (FNS) - Textile manufacturers' shipments fell by a seasonally adjusted 3.1 percent in October, more than erasing September's 1 percent gain, the Commerce Department reported Thursday. Shipments for the month stood at a seasonally adjusted $5.96 billion, as compared ...
The makers colorize the classics; cleaner grounds with bright accents add punch for Spring.
Dec 04, 1992; ... NEW YORK - Neckwear resources are cleaning up their act for spring '93. Now that wild, splashy tie designs are on the downtrend, so too are heavily silkscreened, muddy and richly colored neckwear of seasons gone by. As the troubled economy continues to affect retail ...
Makers bank on casual to fuel spring business; hot items include fanny packs and agendas. (leather goods makers)
Dec 04, 1992; ... ATLANTA - Travel and casual trends continue to drive sales for the small leather goods industry as styles move into spring '93. Many companies are projecting double-digit sales increases for spring and, according to Robert Ermatinger, executive vice-president of Luggage & ...
Color is king for spring in men's hosiery lines; sock makers stressing solids and subtle patterns for spring.
Dec 04, 1992; ... CHARLOTTE, N.C. - Taking their cue from the casual lifestyle apparel that has captured the male imagination, hosiery manufacturers are showing more solid colors with subtle flair for spring '93. The idea is to give men an accessory that complements their outfits rather than ...
Body-hugging knits get the embrace; active styles muscle into loungewear, underwear biz.
Dec 04, 1992; ... NEW YORK - Shapely knit underwear/lounge-wear styles will get a workout for the spring season. Body-hugging new silhouettes in silks and cottons are drawing excitement, and retailers are putting their money on them to boost sales. "The novelty business had been ...
Blunt instruments of fashion. (Lorenzo Vega's square-end necktie design) (Accessories Advance) (Brief Article)
Dec 04, 1992; ... Tie designer Lorenzo Vega got tired of the standard pointed tie, so he came up with a new neckwear silhouette. He chopped off the point of his tie designs and came up with a printed square-end tie design, which he calls the "Pointless Tie." The ties feature silk patchwork ideas ...