Financial
Northridge Center, 2nd L.A. Bullock's Are Condemned by City Inspectors
The Bullock's store in Sherman Oaks and the Northridge Fashion Center, both near the epicenter in...
— Jan 21, 1994
Vuitton Heir Buys Orcofi's Stake in Ines de la Fressange's Firm
PARIS -- Ines de la Fressange is breaking away from Orcofi, the luxury goods holding company.
De la Fressange said that Orcofi and two private investors have sold their 60 percent share in her business to Francois Vuitton, an heir to the Louis...
— Jan 21, 1994
Nan Duskin Files For Bankruptcy
PHILADELPHIA -- Nan Duskin, for decades this city's premier designer specialty store, has filed a Chapter 11 petition in bankruptcy court and plans to reorganize.
Louis N. Marks, chief executive officer of ND Acquisition Inc., the parent...
— Jan 21, 1994
W&L Had Dip a Week Before Filing Ch. 11
NEW YORK -- Woodward & Lothrop locked in its $300 million debtor-in-possession package one week before its Chapter 11 filing, according to court documents.
W&L entered bankruptcy proceedings here on Monday. As late as last Friday,...
— Jan 21, 1994
Freeze Forces Reruns Of Power Cuts
WASHINGTON -- The shutdown of the nation's capital as well as other regions along the Northeastern corridor continued Thursday, after Mid-Atlantic utilities sent an urgent plea Wednesday to conserve energy and prevent widespread outages in the...
— Jan 21, 1994
Filene's Basement To Take Charges For Closing and Relocating Stores
WELLESLEY, Mass. -- Filene's Basement Corp. will take a charge of $14 million before taxes, or $9.6 million after taxes, primarily to close three stores and relocate three others.
The stores to be closed are in Vernon Hills and Mt. Prospect,...
— Jan 21, 1994
Working It Out With Labor's 'Master Contract': a New Agreement Aims To Solve the Bay Area's Longstanding Labor Problems
SAN FRANCISCO, Calif. -- An unprecedented year-long collaboration between manufacturers, contractors and federal labor department officials here has yielded a "master contract agreement" that could serve as the model for the garment industry...
— Jan 20, 1994
