Article: Palm Beach cost puts Crystal in red. (clothing manufacturers, retailers Crystal Brands Inc., Palm Beach Co.)

PALM BEACH COST PUTS CRYSTAL IN RED SOUTHPORT, Conn. (FNS) -- Despite a strong showing in men's sportswear, Crystal Brands' interest expenses related to its acquisition of Palm Beach and Trifari pushed the corporation into the red in the second quarter.

Crystal, which operated profitably before interest expenses, posted impressive results in sportswear, largely attributed to in-store shop programs operated by Gant and Izod Lacoste, according to Edward Dailey, the corporation's executive vice-president in charge of men's apparel.

However, operating performance of the Tailored Clothing division fell towards the close of the first half in the face of sluggish ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!