Article: Hear Coach plans to buy Mark Cross. (Coach Leatherware)

Article from:
WWD
Article date:
April 1, 1993
Copyright

LOS ANGELES -- A.T. Cross Co. is negotiating to sell its Mark Cross leather goods division, and according to reports, the buyer is Coach Leatherware, a division of Sara Lee Corp.

Mike El-Hillow, vice president of finance for A.T. Cross, acknowledged that negotiations are under way but would not comment on the Coach report.

Executives at Coach could not be reached for comment.

A.T. Cross, a pen company, purchased Mark Cross, which operates retail stores and has a wholesale business, in 1983.

Mark Cross is part of the A.T. Cross leather goods division, which includes Manetti-Farrow, distributor of Fendi leather goods, and ...

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