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BUSINESS
August 7, 1997 | (Greg Johnson)
St. John Knits Inc. has signed an agreement with an Aspen, Colo.-based company to open a small number of home furnishing boutiques. The deal announced on Wednesday calls for St. John Knits to make an unspecified investment in Amen Wardy Home LLC, and become a majority owner. The Colorado company, Amen Wardy, also will be an owner. The Colorado firm is owned by Amen Wardy Sr. and Amen Wardy Jr. The first Amen Wardy Home store is scheduled to open Aug. 14 in a Dallas mall.
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CALIFORNIA | LOCAL
March 2, 2012 | By Susan Denley, Los Angeles Times
Robert E. Gray, co-founder and longtime chief executive of women's clothier St. John Knits, died Tuesday at his Orange County home after a long illness. He was 86. Gray and his wife, Marie, started the company in a San Fernando Valley garage in 1962 on a romantic whim. Marie Hermann, a model who used the surname St. John professionally, wanted to raise money for a Hawaiian honeymoon, the story goes. She persuaded her fiance, Gray, who was an apparel salesman, to show a sample of a dress she designed and knit to a store buyer, thinking she might sell 20. Gray returned with orders for almost 200. "I absolutely collapsed," Marie Gray said Thursday.
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BUSINESS
June 7, 1996
St. John Knits Inc., a designer, manufacturer and marketer of women's clothing and accessories, reported a 33% increase in net income for the second quarter ended April 28 on a 23% sales gain. Net income rose to $6.8 million, or 40 cents a share, from $5.1 million, or 31 cents a share, for the second quarter last year. Sales totaled $50 million, up from $40.6 million. For the first six months, the company earned $12.5 million, or 73 cents a share, a 37% gain from $9.
IMAGE
July 26, 2009 | BOOTH MOORE, FASHION CRITIC
Sometime in the past year, "fashion" became a dirty word, symbolic of all the label-hounding, buy-today-discard-tomorrow excess that got us into this global economic mess. Which is why St. John Knits, perennially pegged as in need of a face-lift, is in a very good place. The Irvine-based brand is more often associated with Republican power brokers of a certain age than the real housewives of Orange County. But in truth, it dresses them both. And while St.
BUSINESS
September 5, 1996
St. John Knits Inc. posted a 40% gain in profit for the fiscal third quarter as sales climbed 26%. The company, which designs and manufactures women's clothing and accessories, reported net income of $6 million, or 35 cents share, for the period ended July 28, up from $4.3 million, or 26 cents a share, for the year-earlier period. Sales rose to $46.5 million from $37 million. For the first nine months, net income totaled $18.5 million, or $1.08 a share, 38% higher than the $13.
BUSINESS
June 8, 1993
St. John Knits Inc., an Irvine women's clothing designer and manufacturer, reported that net income for its second fiscal quarter increased 35%, to $2.7 million, or 33 cents a share, from $2 million, or 24 cents a share, for the corresponding period last year. Sales for the quarter ended May 2 were up 20%, to $24.8 million from $20.7 million. For the first half of its first year as a publicly held company, St. John posted net income of $4.7 million, or 57 cents a share, on sales of $45.
BUSINESS
July 2, 1999 | LESLIE EARNEST, TIMES STAFF WRITER
St. John Knits Inc.'s buyers have kicked in $25 million more than expected and increased their bank debt after a sale of junk bonds to help finance the deal attracted insufficient interest amid fears of rising interest rates. "We ended up financing the deal at the worst possible time in the bond market," Jim Kelley, with New York-based Vestar Capital Partners, said Thursday. Vestar is buying the Irvine-based upscale women's clothing company with Chief Executive Robert E. Gray and his family.
BUSINESS
April 29, 1999 | Leslie Earnest
A judge could rule as early as today on whether to temporarily block the sale of upscale women's clothier St. John Knits Inc. of Irvine to the family that founded it. Disgruntled shareholders are asking Orange County Superior Court Judge William F. McDonald to issue a preliminary injunction that would stall the sale of the upscale women's clothing company until the case goes to trial or is settled.
BUSINESS
March 27, 1993
St. John Knits Inc., the Irvine designer and manufacturer of women's clothing and accessories, said profit rose to nearly $2 million, or 24 cents a share, for its latest quarter. That was up from $512,000, or 6 cents a share, for the same period a year earlier. Sales for the company's first fiscal quarter, which ended Jan. 31, were up 26% to $20.8 million from $16.5 million.
BUSINESS
March 18, 1997 | GREG JOHNSON
St. John Knits is moving into a $4.5-million design center and design showroom. The facility, which includes a new manufacturing plant for the upscale apparel and accessories company, is on Armstrong Avenue in Irvine. St. John demolished an older building at the site to make way for the state-of-the-art center, which includes a 21,000-square-foot manufacturing area that houses 60 computerized knitting machines. It also has room for a new St. John subsidiary that designs and manufactures sequins.
IMAGE
October 7, 2007 | Emili Vesilind, Times Staff Writer
THERE was the chic -- knit pencil skirts and Jackie O. shifts in subdued colors. And there was the surreal -- many matching knit pants and tops in Miami-bright blues and corals. But together, the audience for the St. John Spring/Resort 2008 runway show in Orange County created an impromptu retrospective of a 45-year-old company that has weathered some mixed fortunes of its own in middle age.
ENTERTAINMENT
August 30, 2006 | Valli Herman, Times Staff Writer
HERE come the St. John ladies. Strolling into the richly remodeled Fairmont hotel in Newport Beach, radiating an expensive gloss in perfectly matched ensembles, golden chains and glittery jewelry. Two hundred of them are filling a ballroom on an August Tuesday afternoon, to see a charity fashion show of the St. John Knits fall line and, especially, to see Marie Gray, the founding designer who stepped down a year ago. It is the kind of occasion that calls for pulling out your St. John best.
BUSINESS
April 5, 2006
High-end apparel maker St. John Knits International Inc. said Chief Executive Richard Cohen was leaving the company immediately for family reasons. Board member Philip B. Miller, a former chairman and CEO of Saks Fifth Avenue, will serve as the interim chief until the Irvine-based company finds a replacement. Miller has been a St. John director since 2003.
ENTERTAINMENT
March 10, 2006 | Valli Herman
St. John Knits has canceled its show at L.A. Fashion Week. The Irvine-based company, the highest-profile label among the 35 designers on the roster, had occupied the coveted closing show spot on March 23. A St. John spokeswoman said Thursday that the company changed plans because the sales staff was "really focusing on their client base and reaching out to their loyal customers to make sure they are not left behind." St.
ENTERTAINMENT
October 24, 2005 | Booth Moore, Times Staff Writer
The silence backstage before the St. John show felt strange at Los Angeles Fashion Week, where the mood is usually light and the party hearty. But the stakes were high: the $400-million brand known for clothing Condoleezza Rice, Hillary Clinton and other political and business heavyweights, was about to join the world of actual fashion. The Irvine-based company announced in August plans to overhaul its image, starting by replacing the longtime creative director and face of the brand, Kelly Gray.
NEWS
September 22, 2005 | Booth Moore
The designer lineup for L.A.'s Mercedes-Benz Fashion Week at Smashbox Studios has been announced, and along with past headliners Louis Verdad, Eduardo Lucero, Sue Wong, Oligo Tissew and Kevan Hall, several newcomers have been added to the schedule of 20 shows, happening in Culver City on Oct. 16 to 20. The biggest name is St. John, signaling its continued pursuit of a younger, fresher image.
BUSINESS
September 15, 1999 | (Dow Jones)
St. John Knits International Inc. posted a third-quarter loss of $3.9 million, or 29 cents a share, as it took a hefty charge stemming from the founding Gray family's move to buy the upscale women's clothier. The loss included a one-time charge of nearly $8.9 million, or 64 cents a share, for expenses related to the buyout of the Irvine company. A year ago, St. John earned $7.3 million, or 43 cents a share, Sales, which rose 4% to $70.
BUSINESS
June 10, 1998 | LESLIE EARNEST, SPECIAL TO THE TIMES
Upscale clothier St. John Knits Inc., which takes considerable pride in its "Made in U.S.A." label, said Tuesday it will open a manufacturing plant in Mexico later this month to cut labor costs. Initially, the 50,000-square-foot plant just outside Tijuana will make only hardware such as buckles and buttons for the company's women's clothing, St. John officials said. Later this year, the Irvine-based company plans to begin manufacturing jewelry in Mexico as well.
NEWS
September 15, 2005 | Valli Herman
The makeover of St. John Knits continues with the expected announcement today that the tattooed tabloid temptress Angelina Jolie will be the next public face for the Irvine-based luxury knitwear. The Wall Street Journal reported Wednesday that Jolie is next in line to bring a younger, fresher glamour to the company, long personified by the founder's daughter, Kelly Gray.
ENTERTAINMENT
August 9, 2005 | Valli Herman, Times Staff Writer
Singing and swinging their way through ads, Madonna and Missy Elliott helped resurrect the Gap when that retailer lost its edge. Samsung became a suddenly -- if strangely -- sexy appliance brand when bare-chested men were pictured toting its microwave ovens. Now the question is: Will the leggy Brazilian Gisele Bundchen bring the same sort of sizzle to St. John Knits? This week, after a six-month absence from fashion glossies, St.
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