Financial
U.S. District Court Delays Hearing On Marciano Suit Against Brothers
LOS ANGELES -- A U.S. District Court judge has reset to Feb. 22 a hearing for a preliminary injunction sought by Georges Marciano in his suit against his three brothers, the owners of Guess Inc.
Judge Wallace Tashima extended the hearing date...
— Jan 12, 1994
Perfumania Merger With Revlon Unit Off
NEW YORK -- Plans to merge Revlon's Prestige Fragrance & Cosmetics subsidiary into Perfumania Inc. have been dropped. Instead, the companies are considering the sale of Perfumania's retail business to Revlon Consumer Products Corp.
Ilia...
— Jan 12, 1994
Traub Looking Into Conran's Future, In Talks With Ethan Allen, Others
NEW YORK -- "It was a high-risk venture from day one," said Marvin Traub, who headed the group that acquired Conran Stores Inc., a home furnishings chain, in late 1992.
Now, 14 months later, Conran's has filed a Chapter 11 petition...
— Jan 12, 1994
Pacific Trail to Become Division of London Fog
NEW YORK -- Tracking expansion opportunities under its new management, London Fog Corp. said Tuesday that it will merge with Pacific Trail to bolster its position in women's, men's and children's outerwear.
The merged company will continue to...
— Jan 12, 1994
Bleyle's Comeback Drive
SHENANDOAH, Ga. -- Using tough measures that fit the times, Bleyle Inc., a women's sportswear firm known for its traditional wool separates for an over-50 audience, has moved into the black for the first time in three years.
New owners and...
— Jan 12, 1994
Jones Apparel's Acquisitive Eye
WASHINGTON -- Jones Apparel Group, which purchased the Evan-Picone brand name in November from Crystal Brands, apparently isn't finished shopping.
According to a filing with the Securities and Exchange Commission, the company "intends to...
— Jan 12, 1994
ACTWU Proposes Striking N.J. Dyers Return to Work While Talks Continue
NEW YORK -- Taking a new tack in its dispute with management, the Amalgamated Clothing & Textile Workers Union said Tuesday it has made an offer for a return to work of about 700 members locked out at 11 New Jersey dyeing and finishing...
— Jan 12, 1994
