Article: Mark Cross on block; hear Coach is buyer. (Coach Leatherware Company Inc.) (Brief Article)

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 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 23 retail stores and has a wholesale business, in 1983.

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

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