Daily News Record back issues from March 1993:
Arrow lands at Sears: brand's dress shirts and sportswear due in fall.
Mar 01, 1993; ... Brand's dress shirts and sportswear due in fall CHICAGO -- It's official -- the Arrow label will make its debut in Sears' stores this fall. Warren Flick, men's vice-president, said the introduction of Arrow is the last major piece of Sears' new men's strategy. "We've ...
Bidermann Int'l says it's back on right track; Maurice Bidermann has no regrets about American purchases. (Interview)
Mar 01, 1993; ... PARIS -- After several tough years of costly rebuilding, 1993 looks like a pretty good one for French apparel conglomerate Bidermann International. Last month the French men's apparel giant bought control of Armand Thierry, a 58-store French retail chain that Bidermann aims to ...
Shaia's of greatness. (menswear retailer J.L. Shaia) (The Retailer Speaks) (Interview)
Mar 01, 1993; ... Shaia's, one of the finest men's wear stores in the Southeast, started out in 1922 as a mom & pop store in the Birmingham suburb of Homewood, Ala. Leo and J.L. Shaia, grandsons of the founder, turned it into what it is today -- a fashion leader mixing classic looks with contemporary. Here, ...
R.H. Macy today to name stores that will close. (Brief Article)
Mar 01, 1993 ... NEW YORK -- R.H. Macy & Co. will announce today the handful of underperforming stores it will close this year, DNR has learned. Macy's said in January that it would identify the stores in early March. Among the units expected to be shuttered are several I. Magnin ...
Dillard's net up 18% in the 4th quarter. (Dillard Department Stores Inc.) (Brief Article)
Mar 01, 1993 ... LITTLE ROCK, Ark. (FNS) -- Dillard Department Stores, Inc., reported earnings rose 18.3 percent in the fourth quarter and 14.6 percent in the year, but fell short of analysts' estimates. In the quarter ended Jan. 30, earnings rose to $110.4 million, or 98 cents a share, from ...
Wrangler hopes to clean up with Earth Wash. (new line of environmentally responsible jeans) (Brief Article)
Mar 01, 1993; ... Wrangler is getting back to nature ... Well, almost. The company's Rugged Wear division is marketing a line of environmentally responsible jeans for fall '93 under the label Earth Wash, which is expected to generate $35 million wholesale. "We're taking a leadership ...
Designs, Inc., earnings leap 76% in 4th period. (Brief Article)
Mar 02, 1993 ... CHESTNUT HILL, Mass. (FNS) -- Designs, Inc., which carries only Levi Strauss products, reported earnings vaulted 75.6 percent in the fourth quarter and 158 percent in the year. The specialty retailer earned $5.3 million, or 50 cents a share, in the quarter ended Jan. 30, up from ...
Gary Brock. (appointed national sales manager, Oshkosh B'Gosh Inc.) (Brief Article)
Mar 02, 1993 ... GARY BROCK has been named national sales manager for OSHKOSH B'GOSH, INC., Oshkosh, Wis. He was Northern regional sales manager, based in Chicago. In his ...
Oshkosh B'Gosh, Inc. (introduces boys' sweater line for fall '93) (Brief Article)
Mar 02, 1993 ... OSHKOSH B'GOSH, INC., the Oshkosh, Wis.-based manufacturer of children's wear and adult workwear, has added a boys' sweater line for fall '93. Manufactured domestically by OshKosh under its own label, the line is available in sizes toddler through 14. It features classic ...
Campus Wear. (renamed CW Classics) (Brief Article)
Mar 02, 1993 ... CAMPUS WEAR, Hialeah, Fla., has changed its name to CW CLASSICS. The three-year-old company ...
Generra Sportswear Co. (licenses Tropical Garment Manufacturing Co. to manufacture men's denim jeans) (Brief Article)
Mar 02, 1993 ... GENERRA SPORTSWEAR CO., Tukwila, Wash., has licensed TROPICAL GARMENT MANUFACTURING CO. of Tampa, Fla., to manufacture and market a line of men's classification denim jeans under the Generra label. This is Generra's second licensing agreement with Tropical. It already has the Generra ...
Mercantile earnings jump 33.5% in the 4th quarter; but profits fall 14.7% for year. (Mercantile Stores Co.) (Brief Article)
Mar 02, 1993 ... But profits fall 14.7% for year FAIRFIELD, Ohio (FNS) -- Aided by a favorable LIFO swing, Mercantile Stores Co. reported earnings climbed 33.5 percent in the fourth quarter, but profits before special items in the year fell 14.7 percent. In the quarter ended Jan. 31, ...
Consolidated Stores net up 38.5%. (Brief Article)
Mar 02, 1993 ... COLUMBUS, Ohio. (FNS) -- Closeout retailer Consolidated Stores Corp. reported earnings surged 38.5 percent in the fourth quarter and 84.6 percent for the full year ended Jan. 30. Fourth-quarter earnings were $23.4 million, or 49 cents a share, up from $16.9 million, or 37 cents, ...
Nutmeg completes Tryrare takeover. (Nutmeg Industries Inc.) (Brief Article)
Mar 02, 1993 ... TAMPA, Fla. (FNS) -- Nutmeg Industries, Inc., has completed its previously announced acquistion of Tryrare Ltd., a private company in the UK that sells licensed sportswear. Terms were not disclosed. Richard Jacobson, chairman/chief executive officer, said Tryrare is ...
London Clothes Shop files Chapter 11. (Brief Article)
Mar 02, 1993 ... NEW YORK (FNS) -- London Clothes Shop, Inc., a men's apparel retailer, has filed a Chapter 11 petition here, seeking time to reorganize. London Clothes currently operates one unit at Harmon Meadows Plaza in Secaucus, N.J. The company once operated two other stores, one in the ...
Lida shows 4th quarter loss. (Brief Article)
Mar 02, 1993 ... NEW YORK (FNS) -- Lida, Inc., said weaker bookings in November and December led to a loss of $637,000 in the fourth quarter, compared to a profit of $1.7 million a year ago. Sales in the quarter ended Dec. 31 fell 17.9 percent to $21.1 million from $25.7 million. ...
Alexander's gets OK to lease Bronx unit to Conway Stores. (Brief Article)
Mar 02, 1993 ... NEW YORK (FNS) -- Alexander's, Inc., has received bankruptcy court approval to lease its Third Avenue store in the Bronx to Conway Stores, Inc. Under the terms of the agreement, Conway will pay $1,150,000 in annual rent for the initial five years of the 30-year lease. The rent ...
U.S. firms catching export fever. (apparel firms exporting to Europe)
Mar 02, 1993; ... NEW YORK -- American apparel has found a new home: Europe. During the last year, U.S. manufacturers have successfully exported a growing amount of sportswear and tailored clothing to European retailers who are eager to snap up a piece of Americana. And today, this can mean ...
Macy's earmarks 11 stores to be shut within 90 days. (R.H. Macy and Co.)
Mar 02, 1993; ... NEW YORK (FNS) -- R.H. Macy & Co. said Monday it would close a total of 11 stores and would institute a sweeping overhaul of the troubled I. Magnin chain. The latest round of closings includes two Macy's department stores in Morristown, N.J., and New Haven, Conn., and three ...
Levi Strauss earnings leap 27% in 4th period; sales climb 14.9%.
Mar 02, 1993 ... SAN FRANCISCO (FNS) -- Levi Strauss Associates, Inc., continuing to find vigorous demand for both its denim and Dockers products, reported earnings jumped 27.3 percent in the fourth quarter ended Nov. 29. For the year, earnings edged up 1.2 percent, reflecting a one-time ...
Business sluggish at financial-area men's stores; security tightened in many office buildings around the city. (Trade Center Bombing)
Mar 02, 1993; ... NEW YORK -- Men's wear stores throughout the financial district were open for business on Monday, but it was anything but business as usual. A spot check of the financial district at lunchtime found that the bomb, which ripped through the lower level of the World Trade Center on ...
Print cloth prices continue down; biz restricted to spot deliveries. (Industrial Gray Goods)
Mar 02, 1993; ... NEW YORK -- Print cloth prices continued to drift to lower levels last week as buying remained restricted. What activity was reported was mainly for spot delivery. Converters were generally reluctant to make second-quarter commitments. While mills reported they ...
MFA changing its name; to admit women's firms; will be called The Fashion Association. (Men's Fashion Association of America) (Brief Article)
Mar 03, 1993 ... Will be called The Fashion Association NEW YORK -- The Men's Fashion Association is changing its name to The Fashion Association (TFA) and has opened its membership and participation in its press previews to women's wear companies. So far, according to Norman Karr, ...
Kmart net jumps 12% in 4th period. (Brief Article)
Mar 03, 1993 ... TROY, Mich. (FNS) -- With the help of lower expenses, Kmart Corp. reported earnings rose 11.7 percent in the fourth quarter and 9.5 percent in the year. The discounter earned $535 million, or $1.15 a share, in the quarter ended Jan. 27, up from $479 million, or $1.06, a year ...
Hong Kong designer plays up international ethnicity. (Paul Ropp's T-shirt collection for men) (Brief Article)
Mar 03, 1993; ... Paul Ropp's collection fits into current trends of down-dressing and grunge and someone who wants individuality HONG KONG (FNS) -- Perennial ethnic designer Paul Ropp isn't about to change his style. Showing for the first time in January at Hong Kong's increasingly ...
Jantzen, Ultracril form sweater-making venture. (Brief Article)
Mar 03, 1993; ... PORTLAND, Ore. -- Jantzen, Inc., has formed a joint venture with Guadalajara-based Ultracril to manufacture and market sweaters. The new firm will be called Jancril as a result of the agreement between Jantzen and Ultracril, which is the textile division of Cydsa, a large producer of ...
Trend toward flexible hours prompts job cuts at BhS. (Brief Article)
Mar 03, 1993; ... LONDON (FNS) -- BhS, the department store subsidiary of Storehouse PLC, plans to cut 800 full-time and 2,300 part-time jobs, generating a savings of about 2 million pounds ($2.86 million) a year. The job cuts are part of a shift among UK retailers toward more flexible working ...
Canadian group established to promote fashion industry. (Canadian Apparel Federation) (Brief Article)
Mar 03, 1993 ... MONTREAL (FNS) -- Canadian designers, retailers and manufacturers have formed an association to promote Canada's $4 billion fashion industry. The Canadian Apparel Federation has been created with $5.2 million in federal government aid to build the industry's international ...
Pacific Sunwear chain planning to go public. (Pacific Sunwear of California Inc.) (Brief Article)
Mar 03, 1993; ... WASHINGTON (FNS) -- Pacific Sunwear of California, Inc., a 60-unit young men's apparel chain, plans to go public. According to a filing with the Securities and Exchange Commission, the public offering will total 1.76 million shares to be priced at $10.50 to $12.50 a share. The ...
After Six files Chap. 11; still seeking a buyer. (Brief Article)
Mar 03, 1993; ... PHILADELPHIA (FNS) -- After Six, Inc., the troubled formalwear manufacturer that has been seeking a buyer for over two years, has filed a Chapter 11 petition in bankruptcy court here. The petition lists total liabilities of $68.2 million and assets of $21.6 million. ...
Searles resigns as president of Kids R Us. (Mike Searles) (Brief Article)
Mar 03, 1993 ... PARAMUS, N.J. -- Mike Searles has resigned as president of Kids R Us. He will be succeeded at the Paramus, N.J.-based division of Toys R Us by Richard Markee. Markee, 39, has been with Kids R Us as vice-president and general merchandise manager since 1990. He had reported to ...
Stein Mart earnings rise 44.5% in period. (Brief Article)
Mar 03, 1993 ... JACKSONVILLE, Fla. (FNS) -- Stein Mart, Inc., reported earnings, adjusted to reflect its 1992 public offering, jumped 44.5 percent in the fourth quarter and 67.4 percent for the full year ended Dec. 31. Earnings in both periods were restated as if the company had not been taxed ...
Klein named president of Boston Stores. (Alan Klein) (Brief Article)
Mar 03, 1993 ... CARSON, Calif. -- Alan Klein has been named president and chief operating officer of Boston Stores, a department store chain based here. He succeeds Tom Scully, who has left the company, and will report to Jeffrey Seder, chairman. ...
Bugle Boy agrees to buy Ilio assets. (Bugle Boy Industries Inc.) (Brief Article)
Mar 03, 1993 ... NEW YORK (FNS) -- Ilio, Inc., which is liquidating in Chapter 7 proceedings here, has agreed to sell most of its remaining assets to Bugle Boy Industries, Inc., for $40,000. The sale, subject to higher and better offers, includes the Ilio, Row One, Cossette, In Place and ...
Plaids grab early fall order pads. (men's fashions in plaid fabrics)
Mar 03, 1993; ... NEW YORK -- Whatever handle you want to give it, plaid shirts are the early fall '93 fashion favorites for better young men's and contemporary sportswear specialty stores. A plaid by any other name, whether it falls under the fashion hook of work-wear, grunge, lumberjack or ...
Australian growers withhold wool from auctions for several weeks; as a result of continued depressed prices. (includes related article on delay in wool promotion)
Mar 03, 1993; ... As a result of continued depressed prices NEW YORK -- Australian wool growers have been withholding large amounts of wool from the auctions as a reaction to continuing depressed prices for the past several weeks. They are just beginning to release some of these stocks. ...
Pelo 1870. (releases new T-shirt line)(Sportscast) (Brief Article)
Mar 03, 1993; ... The sportswear market continues its love affair with the great '70s labels. The New York Sportswear Exchange (NYSE) label has been acquired by BJC Group, and the company plans on relaunching it as a moderately priced main-floor collection for holiday '93. BJC is a group of silent ...
Gitano's new CEO sets goal: reestablish name; Robert E. Gregory promises to be aggressive in implementing changes.
Mar 03, 1993; ... NEW YORK--Robert E. Gregory was beginning only his fourth day at The Gitano Group when he was interviewed Tuesday morning, but the new chairman and chief executive officer already had very specific ideas about what needs to be done to bring the company around. "I didn't come ...
Mills move to offset expected costs. (from impact of President Bill Clinton's energy tax)
Mar 04, 1993; ... CHARLOTTE, N.C. --Passage of President Clinton's proposed energy tax will have an enormous impact on the textile community, affecting everything from bottom lines to the types of machinery they buy, said mill executives. At worst, it will erode profits and hamper the adoption of ...
Traditional firms take country sports coats to town; gone are the gimmicks of the Ivy League era in fall lines.
Mar 04, 1993; ... Gone are the gimmicks of the Ivy League era in fall lines NEW YORK -- The Country Squire is back in style again and the look is anything but hayseed or hokey. For fall, Country is sophisticated and savvy in traditional sport coats and suits and a needed alternative to ...
Hi-tech industrial fabric maker enters new game; Precision Fabrics competing in activewear biz on all levels. (Precision Fabrics Group Inc.) (Company Profile)
Mar 04, 1993; ... NEW YORK-- What is a weaver of hi-tech, sophisticated industrial fabrics for the medical, military, computer and protective apparel markets doing making men's activewear? "We are doing very well," says Larry Himes, president of Precision Fabrics Group, Inc. Its ...
Tax credits too little, too late for many: accountants agree. (investment tax credit, textile and clothing industries)
Mar 04, 1993; ... NEW YORK (FNS) -- The investment tax credit proposed by the Clinton Administration has little to offer most textile manufacturers, say tax experts. Accountants practicing in the textile-apparel trades are disappointed with the credit because of its complexity and its limits on ...
Turell selling interest in Zeppelin, plans to retire from industry; Jim Stark joins Zeppelin as a partner. (Harvey A. Turell, Zeppelin Sportswear) (Brief Article)
Mar 04, 1993; ... NEW YORK -- Harvey A. Turell, president/chief executive officer of Darvel, Inc., the parent company of Zeppelin Sportswear, will be selling his 50 percent interest in the company to his Hong Kong-based partners Raymond Cheng and Charles Yeung. Turell is planing to retire from ...
Crown Textile being purchased by investors. (Brief Article)
Mar 04, 1993 ... NEW YORK -- Crown Textile Co. has signed a letter of intent with an outside investor group for the sale of the company, Richard C. Sheerr, president/chief executive officer, said Wednesday. The purchase is subject to the investment group's "due diligence investigation" of Crown, ...
Gould sells interest in Jules Long. (Jules Gould) (Brief Article)
Mar 04, 1993 ... NEW YORK -- Jules Gould has sold his half interest in Jules Long, Inc., to his associates in Amory, Miss., and has resigned his positions with the men's slacks firm. He will serve as a ...
WPP signs letter to sell Mission Valley operation. (WestPoint Pepperell Inc., Mission Valley Woven Fabrics) (Brief Article)
Mar 04, 1993 ... NEW YORK -- WestPoint Peperell, Inc., is selling its Mission Valley Woven Fabrics operation to a group consisting of company management and an investment firm, Joe L. Jennings, Jr., WPP's president and chief operating officer, said Wednesday. The closing of the deal is expected ...
Strong apparel performance boosts profits at Woolworth. (Brief Article)
Mar 04, 1993 ... NEW YORK (FNS) -- Woolworth Corp. reported a profit in the fourth quarter and year against year-ago losses caused by a massive restructuring charge. Woolworth said a strong performance in footwear and apparel helped boost operating profits at its specialty store segment in the ...
Hollingsworth unit put on block; Platt Saco Lowell has been operating in the red. (John D. Hollingsworth on Wheels) (Brief Article)
Mar 04, 1993; ... Platt Saco Lowell has been operating in the red LONDON (FNS) -- Platt Saco Lowell, the financially troubled British subsidiary of John D. Hollingsworth on Wheels, Greenville, S.C., has been put up for sale by court-appointed adminstrators. Platt Saco Lowell has been ...
BNY Financial inks agreement to buy Canadian Financial. (Brief Article)
Mar 04, 1993 ... NEW YORK (FNS) -- BNY Financial Corp. has signed a letter of intent to acquire Canadian Financial Corp., a Montreal-based factoring firm with annual factoring volume of about $700 million Canadian ($560 million U.S.). Terms of the deal were not disclosed. Joseph A. Grimaldi, ...
February strong at two men's off-pricers.
Mar 05, 1993; ... NEW YORK (FNS) -- Men's Wearhouse and Today's Man, two off-price men's tailored clothing chains, bucked the big-store trend in February and racked up healthy sales gains. Overall, most retailers showed meager increases or declines in same-store sales, primarily due to winter ...
Hat sales are turning heads; sales in headwear good and growing. (Accessories for Men supplement)
Mar 05, 1993; ... Sales in Headwear Good and Growing CHICAGO -- "It's nice to be in the right place at the right time," said Jack Lambert, owner of J.J. Hat Center in New York, about the resurgence of headwear in the last few years. "I'm very bullish on hats right now," added Sid ...
Superba celebrates 120 years in the neckwear business. (neckware manufacturer)(Accessories for Men supplement) (Company Profile)
Mar 05, 1993; ... A Talk With Mervyn Mandelbaum on How the Firm Got There and Where It's Going LOS ANGELES -- Superba, Inc., one of the world's largest and most successful neckwear manufacturers, is celebrating its 120th birthday this year. With a string of accomplishments that ...
The makers see funkadelia and other '70s impressions; pop art, geometrics and rock 'n' roll top ties this season. (mens neckwear) (Accessories for Men supplement)
Mar 05, 1993; ... Pop Art, Geometrics and Rock 'n' Roll Top Ties This Season NEW YORK -- Neckwear vendors are proving that '70s designs are Stayin' Alive. As with the decade itself, '70s neckwear had extreme highs and lows. The high point in design was the wide tie highlighted by ...
Robe makers wrapped in high expectations; double-digit increases predicted for the year. (Accessories for Men supplement)
Mar 05, 1993 ... Double-Digit Increases Predicted for the Year NEW YORK -- Strong early sales combined with innovative new product offerings have robe manufacturers looking forward to healthy sales increases for 1993. "We are bullish for fall '93 based on calls and on show-room ...
Hosiery makers start off on the right foot; early '93 sales are already beating last year's figures. (Accessories for Men supplement)
Mar 05, 1993; ... Early '93 Sales Are Already Beating Last Year's Figures HICKORY, N.C. -- Hosiery manufacturers have a positive feeling about business in 1993. They expect to sell more socks than they did in 1992. "If the first month is any indication, then near term is very ...
Boston Sox follows Nordstrom's footsteps to success; sock chain stresses customer service and variety. (Accessories for Men supplement) (Company Profile)
Mar 05, 1993; ... SEATTLE (FNS) -- Borrowing some pages from the playbook of Nordstrom, its successful Seattle neighbor, the Boston Sox retail chain has grown to nine outlets in four years of business. "We grew up in the Northwest with Nordstrom, so it's real easy to use them as our model, said ...
Pointing at price. (Price Point division of The Doneger Group) (Company Profile)
Mar 05, 1993 ... NEW YORK -- With the mission "to buy branded and unbranded merchandise at the best possible price available" for the 400 accounts of The Doneger Group, Robin Bykofsky, merchandise manager of the buying office's Price Point division, quietly does an annual multimillion-dollar business. ...
Dayton Hudson, Federated to continue Arrow line; Sears' plan to add Arrow men's wear won't change their sales strategies. (department stores)
Mar 05, 1993; ... NEW YORK -- At least two major department store chains -- Dayton Hudson and Federated -- plan to continue carrying the Arrow brand in men's wear, even though Sears, Roebuck will add the line this fall. As reported in DNR, Monday, March 1, Page 10, Arrow dress shirts, neckwear, ...
Print-cloth output cuts seen as 2d-qtr. buying still soft.
Mar 05, 1993; ... NEW YORK -- Buying of lightweight gray goods was restrained this week and the soft price tone continued in print cloths. Some mill management people have begun thinking about possible production cutbacks for second-quarter print cloths if the present very slow pace of buying for ...
MGRE shows profit despite slow men's sales. (Merry-Go-Round Enterprises Inc.)
Mar 05, 1993; ... NEW YORK (FNS) -- Merry-GoRound Enterprises, Inc., turned a profit in the fourth quarter, against a year-ago loss, and posted a 67.3 percent earnings gain for the year. The men's business at both Cignal and Merry-Go-Round stores continues to lag women's wear, as the popular ...
Rough, rugged and ready for school: high value and function make the grade. (backpacks and small leather goods) (Accessories for Men supplement)
Mar 05, 1993; ... High Value and Function Make the Grade ATLANTA -- It's going to be a rough and rugged season for students heading back to college this fall -- at least as far as their accessories go. Manufacturers of back-packs, briefcases and other small leather goods are saying that rugged, ...
Men's Wearhouse topples Wal-Mart on FNS sales gain chart in Feb. (Fairchild News Service) (Brief Article)
Mar 05, 1993 ... NEW YORK (FNS) -- Wal-Mart Stores, which had dominated the sales gain derby for months, was finally toppled in February, done in by leap year, which added an extra selling day to February 1992. Wal-Mart's same-store sales gains, which had been running at around 10 percent last ...
Venture pays off. (Venture Stores Inc. ) (Brief Article)
Mar 05, 1993 ... O'FALLON, Mo. -- Venture Stores, Inc., reports its fourth-quarter earnings rose 12.4 percent in the fourth quarter ended Jan. 30, easily surpassing Wall Street's estimates. In the quarter, Venture earned $32 million, or $1.86 a share, up from $28.4 million, or $1.70, a year ago ....
Men's wear is highlighted in Du Pont Lycra campaign.
Mar 05, 1993; ... NEW YORK -- Du Pont's Lycra North America unit, which officially launched its multimillion dollar consumer marketing program for the fiber Wednesday night, is hot on the fiber's role in men's wear. At the press event at the Waldorf-Astoria here, Du Pont premiered a TV ...
Donna Karan Menswear sets three lines for fall; two black labels: couture, sportswear; gold for Italian-made clothing.
Mar 05, 1993; ... Two black labels: couture, sportswear; gold for Italian-made clothing NEW YORK -- Like Gaul, which was divided into three parts, Donna Karan Menswear now has three different labels for fall to clearly identify its various clothing and furnishings lines. According to ...