Word: bonwit
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Dates: during 1940-1949
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Sixty-nine young women emerged smiling yesterday from the last lap of the Signature-Bonwit-Teller fashion contest, with Wellesley out in front with 23 finalists...
Twenty-three lovelies from Radcliffe will join girls from eight other Greater Boston colleges in parading before the critical eyes of Mademoiselle and Bonwit Teller fashion experts this afternoon. Sixty of the 200 participating in this afternoon's contest will earn the right to model in a full-dress fashion show at Rindge Tech on November...
Encompassing representatives from eight colleges in the Boston area, the finals will be held at Rindge Tech on November 12 under the sponsorship of Bonwit Teller and Mademoiselle magazine. The 'Cliffe contest is being run by Signature magazine...
...Taylor, formed his own Hoving Corp. to "acquire and operate" stores "with an annual volume of between $150 and $200 million." Many a merchandiser, who regarded Hoving's cold self-confidence as plain conceit, shrugged off this big talk. But last week Hoving, who bought Manhattan's Bonwit Teller two years ago (TIME, June 10, 1946), took another step toward his goal...
Hoving was expanding by shrewd use of his capital-$2.6 million from such bigwig friends as Vincent Astor and CBS's William S. Paley, and a $12 million stock issue. He had paid $10.5 million for Bonwit Teller, Inc., then sold the store's buildings to the Equitable Life Assurance Society for $6.3 million and rented them back for $320,000 a year. He put some of that money into a new $2.2 million Chicago branch which he sold to Prudential Insurance Co. of America, and leased back. Another $800,000 was spent transforming Boston's historic...