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Hartmarx Specialty Stores Inc

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BUSINESS
September 21, 1992 | From Times Staff and Wire Reports
Hartmarx to Sell 180-Store Subsidiary: Hartmarx Corp. is selling its specialty stores for $43 million to HSSA Group Ltd., a company formed to make the acquisition. Hartmarx said it expects the sale and other restructuring actions to result in an after-tax charge against earnings of up to $200 million that will be reflected in the results of its third quarter, which ended Aug. 31.
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BUSINESS
September 21, 1992 | From Times Staff and Wire Reports
Hartmarx to Sell 180-Store Subsidiary: Hartmarx Corp. is selling its specialty stores for $43 million to HSSA Group Ltd., a company formed to make the acquisition. Hartmarx said it expects the sale and other restructuring actions to result in an after-tax charge against earnings of up to $200 million that will be reflected in the results of its third quarter, which ended Aug. 31.
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BUSINESS
September 17, 1991 | SUSAN CHRISTIAN, TIMES STAFF WRITER
Silverwoods, a Southern California retailing institution for 70 years, will close its 18 stores early next year because of slumping sales, its parent company said Monday. The stores--which feature tailored men's and women's business apparel--will be shut down soon after the Christmas season, said General Manager Bruce Amster. The chain's 250 employees will be laid off or relocated. Headquartered in Santa Ana, Silverwoods is a division of Hartmarx Specialty Stores Inc.
BUSINESS
January 31, 1992 | From Times Staff and Wire Reports
Many Hartmarx Stores Drop American Express: Hartmarx Corp. has joined a growing cadre of retailers turning their backs on American Express Co. The Chicago-based clothing manufacturer, which operates 355 retail stores, no longer accepts the American Express card at 205 of its stores with higher-priced merchandise--including Wallachs, Baskins, Barrie Pace Ltd. and Jas. K. Wilson.
BUSINESS
January 31, 1992 | From Times Staff and Wire Reports
Many Hartmarx Stores Drop American Express: Hartmarx Corp. has joined a growing cadre of retailers turning their backs on American Express Co. The Chicago-based clothing manufacturer, which operates 355 retail stores, no longer accepts the American Express card at 205 of its stores with higher-priced merchandise--including Wallachs, Baskins, Barrie Pace Ltd. and Jas. K. Wilson.
BUSINESS
October 24, 1985
Mary Kelly was promoted to the new position of executive vice president and chief executive of Hastings, the Hartmarx specialty store group in San Francisco, assuming some of the responsibilities of Enzo Belli, previously president of Hastings who was recently named executive vice president and general merchandise manager of Hartmarx Specialty Stores Inc., the retail group subsidiary of Hartmarx Corp., which is based in Chicago.
BUSINESS
October 25, 1985
Los Angeles based Union Bank named Harold H. Greene senior vice president and manager of its asset-based financing group, Pasadena. He will be responsible for the bank's asset-based lending, installment lending and leasing lending throughout the United States. In addition, he will manage the commercial finance activities conducted through the bank's parent company. Price Waterhouse, the professional services and accounting firm, announced that G.
BUSINESS
September 17, 1991 | SUSAN CHRISTIAN, TIMES STAFF WRITER
Silverwoods, a Southern California retailing institution for 70 years, will close its 18 stores early next year because of slumping sales, its parent company said Monday. The stores--which feature tailored men's and women's business apparel--will be shut down soon after the Christmas season, said General Manager Bruce Amster. The chain's 250 employees will be laid off or relocated. Headquartered in Santa Ana, Silverwoods is a division of Hartmarx Specialty Stores Inc.
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