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PATEL EVISIONS A MORE UNIFIED HARTMARX; PRESIDENT AND COO WILL SUCCEED CEO BERT HAND AT ANNUAL MEETING ON APRIL 11.(Homi Patel)(Brief Article)
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Daily News Record
- Article date:
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December 17, 2001
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Copyright informationCOPYRIGHT 2001 Fairchild 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 -- When Homi Patel becomes CEO of Hartmarx Corp. next spring, he will put plans in motion to create more unity among the company's stable of brands.
"This is a company that, in over 110 years, has grown through acquisitions, which have [resulted in businesses that have] basically been operating as independent companies," Patel told DNR last week. "My goal would be to knit these businesses together into a cohesive entity that is far more nimble and agile -- where we look at every investment with a completely fresh eye and decide what is going to be part of our long-term strategy and what is not."
When asked about the company's major profit opportunities for ...
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