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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...

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...

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...

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...

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...

Customs Will Burn $1 M In Bogus Goods

WASHINGTON -- More than $1 million of counterfeit Louis Vuitton, Gucci and MCM products are slated to go up in smoke in Chicago today, incinerated at the hands of the U.S. Customs Service.

"That sounds like something we can be happy about,"...

Merry-Go-Round Files Ch. 11

NEW YORK -- Merry-Go-Round Enterprises filed a Chapter 11 petition to reorganize Tuesday, saying negotiations to restructure its loan agreements had been unsuccessful.

The company said it had $90 million in cash on hand and had arranged for...

Authentic Fitness Slates First Common Stock Split

VAN NUYS, Calif. -- Authentic Fitness Corp., whose stock has risen substantially since its initial public offering in June at $14 a share, announced a 2-for-1 split on its common stock, payable Feb. 10 to shareholders of record Jan. 20.


Industry Tells NY's New Mayor What It Wants

NEW YORK -- When Rudolph W. Giuliani, New York's new mayor, cited the fashion industry in his inaugural address last week as one part of the city's "heart and soul" that needed attention, he sounded a resonant chord on SA.

Now, the industry is...

Macy's Dec. Cash Flow Rises 30%

NEW YORK -- R.H. Macy & Co. said Monday improvements in merchandising gross margins and continued expense reductions helped boost December cash flow by 30 percent.

Macy's said earnings before interest, taxes, depreciation and amortization...

Aileen's 'Cash Shortfall' May Put it in Chap. 11

NEW YORK -- Aileen Inc., burdened by its unsuccessful quest to restructure its credit agreement and poor results, said it is experiencing a "serious cash shortfall" that might force it to reorganize under Chapter 11.

The company said it has yet...

Macy's Future Analysts Explore the Possibilities

NEW YORK -- Retailers are swarming around the beleaguered R.H. Macy & Co., looking to pick up pieces of the chain or, in at least one case, just take it all.

Federated Department Stores' announcement last week that it had purchased a large...

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