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Article: Josephine Chaus opens wallet again to ease firm's losses. (Bernard Chaus Inc.)
- Article from:
- WWD
- Article date:
- September 26, 1994
CopyrightCOPYRIGHT 1994 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK - Josephine Chaus has done it again.
Staring at a loss of $29.7 million in the fourth quarter, Chaus - for the second time in the last fiscal year - reached deep into her own pocket and put $14.4 million back into Bernard Chaus Inc.
Half of that money will cover the expenses of signing Andrew Grossman, the new chief executive officer of the women's sportswear company.
Chaus said restructuring efforts are in place and she expects to see improvement in the bottom line in the first half of calendar '95. Bookings are 40 percent ahead of a year ago, the company said.
Gross - man former president of Jones Apparel Group, who, as ...
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Article: Bernard Chaus Reports 26.8% Rise in Net Income in ...
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... ... WIRE)--Oct. 27, 1999-- Bernard Chaus, Inc. (NYSE: CHS) today announced ... growth into the new millennium." Bernard Chaus, Inc., designs, sources and ... Tables Follow -- -0- BERNARD CHAUS, INC. AND SUBSIDIARIES CONSOLIDATED ...
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