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BUSINESS
June 2, 1988
A Hong Kong investment firm has come to the rescue of Aca Joe, a chain of casual men's clothing stores that filed for bankruptcy protection last week. The San Francisco-based retailer said Wednesday that United Trend Investment Ltd. had agreed to supply up to $14 million in return for a controlling share of Aca Joe stock. Aca Joe said United Trend Investment Ltd.
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BUSINESS
June 12, 1989 | JANE APPLEGATE, Times Staff Writer
International influences--negative and positive--have had a great deal to do with the fate of Aca Joe, a trendy men's clothing chain that is emerging from bankruptcy this month. In 1985, already in trouble, the company was thrown into near-fatal turmoil by supply problems stemming from the devastating earthquake in Mexico that year. The Mexican factories making Aca Joe's clothing were unable to get the goods to the stores in the United States. But now the company seems to be back on track with a fresh start--thanks to a bailout by United Trend Investment, a company formed by a group of Hong Kong investors.
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BUSINESS
June 12, 1989 | JANE APPLEGATE, Times Staff Writer
International influences--negative and positive--have had a great deal to do with the fate of Aca Joe, a trendy men's clothing chain that is emerging from bankruptcy this month. In 1985, already in trouble, the company was thrown into near-fatal turmoil by supply problems stemming from the devastating earthquake in Mexico that year. The Mexican factories making Aca Joe's clothing were unable to get the goods to the stores in the United States. But now the company seems to be back on track with a fresh start--thanks to a bailout by United Trend Investment, a company formed by a group of Hong Kong investors.
BUSINESS
June 2, 1988
A Hong Kong investment firm has come to the rescue of Aca Joe, a chain of casual men's clothing stores that filed for bankruptcy protection last week. The San Francisco-based retailer said Wednesday that United Trend Investment Ltd. had agreed to supply up to $14 million in return for a controlling share of Aca Joe stock. Aca Joe said United Trend Investment Ltd.
BUSINESS
October 6, 1988 | JANE W. APPLEGATE, Times Staff Writer
Two years ago, the new owner of the Chalet Gourmet grocery store turned to a young bankruptcy lawyer for help in reviving the small Los Angeles grocery. Owner Daniel Bobroff soon made a success of the Sunset Boulevard store with a mix of fresh flowers, exotic cheeses and specialty cuts of meat. On Wednesday, a federal bankruptcy court judge cleared the way for Bobroff and other investors to revitalize another struggling gourmet food enterprise: Irvine Ranch Farmers Market.
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