Daily News Record back issues from June 1996:
Zegna sets Florida, Hawaii stores. (Ermenegildo Zegna)(NewsMonday)(Brief Article)
Jun 03, 1996; ... NEW YORK - Ermenegildo Zegna will open units in Florida and Hawaii this year, bringing its total number of freestanding U.S. stores to five.Currently, the upscale men's Italian clothing company operates U.S. stores on Fifth Avenue in New York, at South Coast Plaza in Costa Mesa, ...
As expected, Clinton's renewing China's MFN. (most-favored nation status)(NewsMonday)(Brief Article)
Jun 03, 1996; ... WASHINGTON (FNS) President Clinton Friday, as expected, notified Congress he is renewing China's Most Favored Nation trade status for another year.This formal declaration, required by U.S. law, automatically renews China's MFN for one year, beginning July 3. Congress has 60 days ...
Palm Beach making waves again. (men's label from Plaid Clothing Group PLC)
Jun 03, 1996; ... NEW YORK - Is there life after being a loss leader at Today's Man?The Palm Beach division of Plaid Clothing is trying to prove there is.For the background, the off-pricer Today's Man bought up $14 million worth of closeouts after Plaid went Chapter 11 last July. This ...
Teamwork keeps Beecroft & Bull busy; two sons now run six-unit chain started by parents. (interview with Craig and Bryan Beecroft of Virginia menswear store)(Retailer Speaks)(Interview)(Company Profile)
Jun 03, 1996; ... Founded in 1958 by Moss and Frances Beecroft Beecroft & Bull is one of Virginia's finest men's wear stores. The family-owned business has units in six largely different markets, ranging from historic Williamsburg and downtown Richmond to the more casual Virginia Beach and Newport News. Moss ...
Playing catch-up. (fashion advertising pages in men's magazines) (Marketing the Men's Mags)(Marketing & Media)
Jun 03, 1996; ... The first six months of 1996 have put the chill on most magazines featuring men's fashion editorial and advertising. While publishers insist each month the number of ad pages will start to build, industry watchers say that, for the most part the majority of magazines will be lucky if they ...
A California double take: men's magazines see success by showing co-ed. (combining men's and women's fashion advertising) (Marketing the Men's Mags)(Marketing & Media)
Jun 03, 1996; ... LOS ANGELES - What is good for Calvin Klein may also be good for magazines here that carry men's fashion advertising and editorial.The trend toward mixing men's and women's fashion advertising - best reflected in Klein's CK One fragrance campaign - is spilling over into the ...
A GQ gap in Italy? Many in media here look to 'Anglo' examples. (Italian men's magazines try to style themselves after Anglo-Saxon publications) (Marketing the Men's Mags)(Marketing & Media)
Jun 03, 1996; ... MILAN - Italy's men's wear magazine market is divided into two opposing camps: fashion-forward, info-packed magazines for the trade, like L'Uomo Vogue and Mondo Uomo, and general-interest books with uneven, but growing, fashion coverage.Yet when it comes to advertising, Italian ...
French men's fashion press perdue? Experts say it 'never existed.' (Marketing the Men's Mags)(Marketing & Media)
Jun 03, 1996; ... PARIS - Marketers looking to advertise in French men's fashion magazines may just have to set their sights elsewhere."There is no such thing as a men's [fashion] press in France. It has never existed," says Pascal Bonicalzi, a director at Initiative Media, a French company that ...
UK very OK for launches; a dandy time for laddies who like sassy ladies. (general-interest men's magazines) (Marketing the Men's Mags)(Marketing & Media)
Jun 03, 1996; ... LONDON - The skepties have been proven wrong - British men do buy general-interest men's magazines. The one-time conventional wisdom in the UK was that British men would never bother because they preferred special-interest titles catering to anything from cars to sports.So when the ...
Trade shows earn Tonys from men's retailers; importance of national and regional markets grows.(specialty men's clothing stores and department stores)
Jun 04, 1996; ... NEW YORK - Trade shows are the lifeblood of independent men's specialty stores. The ability to get an overview of the market and the opportunity to check out fresh, new resources are just two reasons small stores embrace the trade-show format. And as more and more vendors slash their road ...
Manhattan label licensed for the Vietnam market.(Salant Corp., Chung Tex Trading Co., Legamex)(Brief Article)
Jun 04, 1996; ... NEW YORK - Salant Corp. is saying good morning to Vietnam.The U.S. company has an agreement with Chung Tex Trading Co. of Hong Kong in conjunction with Legamex of Ho Chi Minh City to license its Manhattan and Lady Manhattan trademarks in Vietnam. The first Manhattan items will be ...
Retail Chap. 11's not over yet: credit managers; contend large number of financially shaky chains still exist.(attendees at 1996 National Association of Credit Management 1996 predict more Chapter 11 filings by clothing retailers)
Jun 04, 1996; ... CHICAGO (FNS) - Despite a leveling-off in the number of retail Chapter 11 filings over the past several months, apparel manufacturer's credit managers said they feel the retail consolidation boom is not yet over and that a spurf of retail reorganization is coming down the pike.In ...
Hilfiger's core men's biz about 20% ahead of plan.(Tommy Hilfiger Corp. men's business sales for fourth quarter ending May 1996)(Brief Article)
Jun 04, 1996 ... NEW YORK (FNS) - Joel Horowitz, CEO, Tommy Hilfiger Corp., said the corporation's sales from its core men's business are currently running about 20 percent above plan at retail.Horowitz also said in a conference call that a full men's casual line will be introduced on June 15 to ...
Suit hits Price/Costco on fake CK Jeans.(Designer Holdings Inc.)(Brief Article)
Jun 04, 1996 ... NEW YORK (FNS) - Calvin Klein is getting tough with counterfeiters.In a suit filed Monday in federal court in Newark, N.J., the designer's jeans licensee, Designer Holdings Inc., has charged Price/Costco Inc. with selling counterfeit CK Calvin Klein jeans.The suit, which ...
All the world's a stage for trade shows.(apparel industry trade shows)
Jun 04, 1996; ... NEW YORK- Trade shows continue to represent a major part of doing business for apparel manufacturers.Most apparel firms plan to attend more trade shows this year, contending it's the best route to reach many independent retailers who can't afford to make multi-season trips into the ...
Major European fabric fairs ponder joint venture; a traveling fabric preview show is one possibility as early as 1997.
Jun 04, 1996; ... PARIS - European textile trade shows are getting their multi-faceted acts together. And, yes, taking the combo on the road.It is one possibility under consideration to cope with the increasing proliferation of fabric fairs. Organizers of Paris's Premiere Vision, Milan's Moda In and ...
Bottomweights see some action but buyers won't commit ahead.(bottom-weight gray good prices for June 3, 1996)(Industrial Gray Goods)(Brief Article)(Column)
Jun 04, 1996; ... NEW YORK - There was moderate activity in bottomweight gray goods last week, but the bulk of converters continued to hold back on future commitments.Buying was reported in heavy twills, in osnaburgs and in non-standard numbers of such fabrics as poplins and oxfords.In ...
Crown Textiles Co. receives offer for its Interlinings biz.(from Lainiere de Picardie)(Brief Article)
Jun 04, 1996 ... NEW YORK - Crown Textile Co., under Chapter 11 since January, said that it has received an offer from Lainiere de Picardie for the purchase of its men's wear, women's wear and headwear interlinings businesses.Although at the time of the Chapter 11 filing Crown said that its goal ...
Worldtex net, sales up in 1st quarter.(quarter ended March 31, 1996)(Brief Article)
Jun 04, 1996 ... NEW YORK - Worldtex Inc. said its first-results showed improvement over the comparable 1995 period.At the company's annual meeting, Barry D. Setzer, president and CEO, said that if current trends continue, the company is expected to earn about $10.5 million to $11 million in fiscal ...
Swift committed in name, deed to denim; world's largest denim maker keeps seeking new niches.(Swift Textiles Inc.)(includes related article on company history)
Jun 04, 1996; ... NEW YORK - Swift Textiles Inc., in the words of its president, John Heldrich, "is totally focused on denim. We are the largest denim producer in the world, and the only major denim maker that makes only denim and no other fabrics. Denim is our only business."And a sizable business ...
Just a handful of textile execs get pay hikes in '95.
Jun 04, 1996; ... NEW YORK (FNS) - For the third year in a row, pay raises were generally hard to come by for the top executives at textile mills, reflecting continued tough conditions in the market.Although a few executives saw big pay hikes last year as a result of special stock awards or ...
Sun shines.(Sun Sportswear Inc. earnings for first quarter 1996)(Brief Article)
Jun 04, 1996; ... Sun Sportswear Inc., in Kent, Wash., aided by higher margins, earned $267,000, or 5 cents a share, in the first quarter of 1996, rebounding from a loss of $501,000 a year ago.Sales slid 3.9 percent to $24.4 million from $25.7 million.Bill Wiley, CEO and president, said ...
Wall Street dresses up men's wear outlook; predicts pickup in retail profits through fall season.
Jun 05, 1996; ... NEW YORK (FNS) -- Wall Street analysts expect increased demand for men's wear in the current quarter and through the fall season.Analysts agreed inventories are lean and pricing has improved, which should aid margins and bode well for a profitable second quarter at retail. ...
Customs tightens up on apparel transshipments through Macao; aims to curb movement of illegal Chinese goods.(US Customs Service)
Jun 05, 1996; ... WASHINGTON (FNS) -- The U.S. Customs Service is cracking down on shipments of pants, underwear and other garments from Macao in an effort to prevent illegal transshipment of Chinese goods through that country.Beginning today, importers will have to post bonds on five apparel ...
James Edmond named licensee for Harve Benard men's suits.(Brief Article)
Jun 05, 1996 ... NEW YORK -- James Edmond Co. has become the U.S. Iicensee for Harve Benard men's tailored clothing, according to Chris Chun, managing partner of James Edmond.In addition, the company is acquiring the existing Harve Benard men's operation, which was a part of Harve Benard Ltd. ...
Cardin's empire not for sale.(Pierre Cardin)(Brief Article)
Jun 05, 1996 ... NEW YORK -- The house of Pierre Cardin has vigorously denied reports here that its multimillion-dollar wholesale and retail colossus is on the block."It is totally inaccurate," said a spokeswoman for Cardin in a telephone call from Paris to DNR Tuesday, referring to an item in the ...
Dressy sportswear to be the life of the party. (1996 holiday season)(Hot for Holiday)
Jun 05, 1996; ... NEW YORK-Dark and dressy sportswear, especially vests, is ready to party.Vests are poised to make a strong fashion comeback for holiday '96, headlining what retailers and collection vendors predict will be an outstanding season for special-occasion sportswear."We think ...
Outerwear gets a gift from holiday. (men's outerwear manufacturers to test new collections during 1996 holiday season to help them boost 1997 spring business)(Hot for Holiday)
Jun 05, 1996; ... NEW YORK--The growing importance of the holiday season has delivered a much needed present to men's outerwear makers.In an industry that for many years was restricted to only one season--fall--the opportunity to help build spring business by testing new ideas during holiday is an ...
U.S.-African Free-Trade Zone proposed in Congress would end textile, apparel quotas by 2010.
Jun 05, 1996; ... WASHINGTON (FNS)--A plan to end quotas on textiles and apparel from qualifying African countries and permit an additional $32 billion in exports from these Third World countries was proposed Tuesday, and its backers predict it could pass the House this year.House sponsors Phil ...
House moves to check counterfeits.(Brief Article)
Jun 05, 1996; ... WASHINGTON (FNS)--The House passed in a voice vote Tuesday a bill that would toughen counterfeiting penalties by permitting the destruction of illicit goods and permitting prosecution under federal racketeering laws.The measure now must be reconciled with a similar measure already ...
S&K profits increase in period.(S&K Famous Brands' financial results for first quarter ended April 27, 1996)(Brief Article)
Jun 05, 1996 ... RICHMOND, Va. (FNS)--S&K Famous Brands reported first-quarter earnings jumped 31.5 percent to $914,000, or 18 cents a share, from $695,200, or 14 cents, a year ago.Wall Street analysts expected 17 cents.Sales for the three months ended April 27 were up 9.1 percent to ...
Nicole Miller to open in Las Vegas. (freestanding store)(Brief Article)
Jun 05, 1996 ... NEW YORK -- Nicole Miller Ltd. will open its 25th freestanding store on Thursday in Las Vegas.And Bud Konheim, CEO, said, "After using market research as a guideline, we decided that our saturation point within the contiguous states would be approximately 100 boutiques," Konheim ...
American Eagle narrows loss in 1st quarter. (1996)(American Eagle Outfitters Inc.)(Brief Article)
Jun 05, 1996 ... WARRENDALE, Pa. (FNS) -- American Eagle Outfitters Inc. narrowed its loss in the first quarter to $3 million from $6.9 million a year earlier.Sales increased 12.3 percent to $4.4 million from $48.4 million and gained 10.3 percent on a same-store basis. Excluding $.8 million in ...
Men's Wearhouse settles lawsuit over trademark dispute in Detroit. (with T.H.C. Inc.)(Brief Article)
Jun 05, 1996 ... NEW YORK (FNS)--After a four-and-a-half year trademark fight, The Men's Wearhouse Inc. has won its own battle of Detroit.The Fremont, Calif.-based men's off-pricer said Tuesday it settled the long-standing trademark dispute with T.H.C. Inc., a Detroit men's apparel retailer. ...
Crown Textile in $2.6M deal.(to sell part of its men's and women's apparel textile operations to Lainiere de Picardie Inc.)(Brief Article)
Jun 05, 1996 ... NEW YORK (FNS) - Crown Textile Co. Inc., operating in Chapter 11 since Jan. 2, has agreed to sell a chunk of its men's and women's apparel textile operations to Lainiere de Picardie Inc. (LDP) for $2.63 million.A hearing to approve the deal is scheduled for June 25 in Chicago ...
Burlington adds one, drops one; men's unit formed; knit fabrics operation closing.(Burlington Industries forms Burlington Sportswear)
Jun 06, 1996; ... NEW YORK - Burlington Industries has formed a new better men's wear fabric operation, Burlington Sportswear, from the ruins of its Knitted Fabrics Division, which is closing after years of losing money.The new division will market both knit and woven fabrics to the men's ...
Casual Male Big & Tall plans to put brakes on expansion; firm sets 40 new stores instead of 70.(Brief Article)
Jun 06, 1996; ... BOSTON (FNS)-Casual Male Big & Tall, the largest B&T retailer in the country, will continue to add stores this year, but at half the rate of fiscal 1996.The men's wear specialty chain, added 81 new stores last year and now operates 400 stores in 44 states. Last year, it announced ...
Georges Marciano unloads 3.5M shares fo Yes Clothing.(sells shares to Guy Anthome)(Brief Article)
Jun 06, 1996 ... NEW YORK (FNS) - Georges Marciano has sold the majority of his stake in Yes Clothing Co. to Guy Anthome, a director, for $35,000.Marciano, the former CEO and designer at Guess Inc., had invested $10 million in trying to turn around the money-losing apparel manufacturer, but ...
Stores, importers to slam China sanctions; will claim in hearings today that sanctions will flunk back-to-school business.
Jun 06, 1996; ... WASHINGTON (FNS) American retailers and importers will warn today that imposition of threatened sanctions on Chinese apparel could trigger catastrophic losses at department stores and send consumer apparel prices skyrocketing. These officials, in prepared testimony slated for delivery today ...
Burlington Inds. to take $20M-$23M after-tax charge on plant closing.(Burlington Industries closing of Knitted Fabrics Div.)(Brief Article)
Jun 06, 1996; ... NEW YORK (FNS) - After a lengthy struggle to turn around the money-losing knitted fabrics division, Burlington Industries has decided to close the division.Knitted fabrics, which accounted for about 6 percent of Burlington's $2.2 billion in sales and lost about $18 million last ...
Questrom lines up on side of dress-up: Federated CEO joins May Department Stores chief in targeting dressy trend.(dressier men's clothes to be carried and promoted)
Jun 06, 1996; ... NEW YORK - It may not happen often - the top two executives in the department store industry being in agreement. But, when it comes to the direction men's wear is taking. Allen Questrom, chairman of Federated Department Stores, and David Farrell, who heads May Department Stores, are both ...
Is U.S. tailored clothing ready to cash in on collection shops?(designers prepare for new trends)
Jun 06, 1996; ... NEW YORK - With two of the nation's most powerful department store retailers agreeing that dressing up is coming back into style, the idea of a collection tailored clothing shop isn't far behind.This is the way several of the hottest designers in the market are interpreting the ...
Textile technology: new knitting technology set for ATME-I, KAE.(textile machinery exhibitions coming up in 1996)
Jun 06, 1996; ... CHARLOTTE, N.C. - Machinery manufacturers are ready to roll out some new wrinkles in knitting technology at shows later this year despite the short interval between major machinery exhibitions.Although ITMA, the largest exhibit of textile machinery in the world, was just held late ...
Tapetex converts Fairhaven to a division.(textile converter acquires part of Fairhaven Textile Corp.)(Brief Article)
Jun 06, 1996 ... Tapetex Inc., a Rochester, N.Y.-based converter of men's and women's nylon, polyester and blended fabrics, has acquired certain assets of the Fairhaven Textile Corp., a New Bedford, Mass., converter. "Fairhaven will operate as an independent and ...
New French recycled textile fiber from chic mineral-water bottles.(Fiber + Fabric Focus)(Column)
Jun 06, 1996; ... A new ecological textile fiber has been developed in France that is made from bottles. This sounds familiar, because U.S. companies, such as Wellman and Hoechst, have been offering polyester fiber made from recycled soft-drink bottles for more than two years.But the French ...
Disney to open store in Harlem.(will be part of Harlem USA development in New York City)(Brief Article)
Jun 06, 1996 ... NEW YORK - The Disney Store will open a 6,000-square-foot unit in the new Harlem USA development here.Harlem USA is a $56 million retail and entertainment complex that will be located on West 125th Street and Frederick Douglass Boulevard in Manhattan.The Disney Store is ...
Caldor committee asks court OK on hiring investment banker.(looking to maximize assets of discount chain)(Brief Article)
Jun 06, 1996 ... NEW YORK (FNS) - With more than $335 million in Caldor Corp. equity eroded in roughly seven months, the retailer's unsecured creditors committee is seeking court approval to hire an Investment banker in order to determine how best to maximize the chain's assets.Caldor's unsecured ...
Men's wear makes hay during May: big stores post solid gains in month.(Correction Notice)
Jun 07, 1996; ... NEW YORK (FNS) - Led by Sears, Roebuck, men's wear turned in a strong sales performance in May.Paced by men's, the Chicago-based retailer racked up a 10.2 percent overall same-store sales jump in the month and had one of the best performances of any of the major department store ...
A Wachner wedding. (possible merger between Warnaco and Authentic Fitness Corp.)
Jun 07, 1996; ... NEW YORK - What goes around comes around.In May of 1990, an investment group led by Linda J. Wachner chased the money-losing activewear division of Warnaco Group and reorganized it as Authentic Fitness Corp. On Thursday, Warnaco proposed buying Authentic Fitness through an exchange ...
Push in Senate for permanent most-favored-nation for China.(Brief Article)
Jun 07, 1996; ... WASHINGTON (FNS) - Facing another contentious debate over China's trade status in the coming weeks, Senate backers of extending its low tariff privileges predicted Thursday they could be made permanent in a year or two.(More on China trade, Page 10)"The next ...
Corrections. (Tommy Hilfiger will introduce fashion collection Tommy Jeans through licensing agreement with Pepe Jeans London)(Correction Notice)
Jun 07, 1996 ... NEW YORK - Tommy Hilfiger Corp. on June 15 will be introducing the first fashion collection for its Tommy Jeans line through its license with Pepe ...
Federal judge orders Price/Costco to name Calvin Jeans suppliers.(Brief Article)
Jun 07, 1996 ... NEW YORK (FNS) - A federal judge in Newark, NJ., has ordered Price/Costco Inc. to turn over to Calvin Klein Jeanswear Co. by today the names of its suppliers of CK Calvin Klein jeans and other similarly labeled items.Calvin Klein Jeanswear Co., a unit of Designer Holdings Ltd., has ...
Venture to reopen six stores by fall.(Brief Article)
Jun 07, 1996 ... NEW YORK - Citing a favorable response to its new value-oriented family-department-store format, Venture Stores Inc. said it will reopen six stores and restore 700 jobs by the fall.The O'Fallon, Mo.-based chain said that a new credit line and margin ...
Brian Bender joins Proffitt's as CFO.(Brief Article)
Jun 07, 1996 ... KNOXVILLE, Tenn. - Brian W. Bender has joined Proffitt's Inc. as executive vice-president and chief financial officer.He succeeds James E. Glasscock, who was named executive vice-president of financial strategies. Glasscock will focus on acquisitions and other strategic ...
Dickies discovers denim. (company has started to sell denim work pants)(Mass Appeal)
Jun 07, 1996; ... FORT WORTH - With practically a license to steal the working man's denim Jeans business, Williamson-Dickie stuck to its khaki matched sets for years.That is, until five years ago when the workwear giant started to do consumer focus groups, a marketing tool its peers rely on to ...
Saks Fifth's outlets go on the road.(Brief Article)
Jun 07, 1996 ... NEW YORK - Adding strong proof that outlet centers are going upscale is the word that five new Off 5th - Saks Fifth Avenue off-price units are slated from now through the fall.The upscale trend at the outlet format is happening in various ways. The first move was at such luxe ...
Conversationals speak loudly at retail.
Jun 07, 1996; ... NEW YORK - The buzz about conversational neckwear is reaching a new pitch, both on retail selling floors and in showrooms.Major chains from Sears, Roebuck to Lord & Taylor have registered strong results in neck-wear and furnishings, with conversationals making a healthy ...
Bijan aims to take Michael Jordan to new heights.(new perfume with basketball player's insignia)
Jun 07, 1996; ... BEVERLY HILLS - Is Bijan about to beat Calvin at his own gaine?This fall, Bijan introduces a signature fragrance from sports superstar Michael Jordan, and he is taking a cue from Calvin Klein and bringing the scent directly to the people. But instead of launching in Tower Records, ...
Textured-fill styles predominate in moderate print-cloth sales.(Gray Goods)(Brief Article)
Jun 07, 1996; ... New York - Moderate buying of print cloths continued this week with textured-fill styles making up the bulk of the action.Here and there business was booked at slightly lower figures than some mills reported in the preceding two weeks.Not all weavers sold at the higher ...
Wellman ups dividend to 8 cents in 2d qtr.(Brief Article)
Jun 07, 1996 ... NEW YORK - Wellman Inc. boosted its regular quarterly dividend to 8 cents a share from 7 cents.The dividend is effective with the second-quarter dividend payment, which will be made on June 17 to shareholders of record June 3. The Shrewsbury, N.J.-based polyester fiber firm ...
W. and C. Hamrick head Hamrick Mills.(Brief Article)
Jun 07, 1996 ... NEW YORK - Wylie L. Hamrick has been named chairman of Hamrick Mills Inc. He is succeeded by his son W. Carlisle Hamrick as president and chief operating officer. Carlisle Hamrick joined the ...
Importers cry 'murder' over China sanctions.
Jun 07, 1996; ... WASHINGTON (FNS) - Apparel manufacturers and importers made their last stand before a federal trade panel Thursday, warning that should the U.S. impose steep duties on Chinese goods, much apparel would be priced out of the market - and many firms instantly would go bankrupt."We ...
Quiksilver net leaps 22%.(2nd qtr 1996 earnings declared)(Brief Article)
Jun 07, 1996 ... COSTA MESA, Calif. (FNS) - As a result of sales growth and improved margins, Quiksilver Inc. reported second-quarter earnings jumped 22 percent to $4.4 million, or 61 cents a share, from $3.6 million, or 52 cents, a year ago.Sales for the three months ended April 30 were up 15.2 ...
Crystal to get hearing on MGRE fee. (Richard P. Crystal, former CEO of Merry Go Round Enterprises Inc.)(Brief Article)
Jun 07, 1996 ... BALTIMORE (FNS) - Richard P. Crystal, the former CEO of the defunct Merry-Go-Round Enterprises Inc. chain, will get his, day in court to push forward his request for $1.9 million in pay.Crystal was guaranteed that right after a bankruptcy judge Thursday denied a motion to dismiss ...
China sanctions hearing gets earful, both pro and con; mills take on retailers, importers.(textile and apparel interests testify before federal trade panel regarding sanctions on China)(Brief Article)
Jun 10, 1996 ... WASHINGTON (FNS) -- Representatives of U.S. textile, retail and importer interests squared off Friday before a federal trade panel considering sanctions against China.Carlos Moore, the American Textile Manufacturers Institute's executive vice-president, in addressing the ...