Word: bonwit
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...issue there is a damaging statement about me. You say that Maxey Jarman "kicked" me put of Genesco Inc. There is no truth in this whatsoever. The facts are that much to Mr. Jarman's surprise, I resigned as a director of Genesco and as president of Bonwit Teller in lune 1960. I remained as chairman of Tiffany & Co., and with a group of associates, purchased it from Genesco in October 1961. There is another inaccurate statement that may be just a typographical error. You say, "For at least six years Hoving has tried, and failed, to take over...
Jarman, 61, a Baptist deacon and collector of nonobjective painting, built his father's Nashville, Tenn., shoemaking firm into a $760 million-a-year shoe-and-clothing combine called Genesco Inc. As chairman, he controls some 1,500 retail outlets grouped under 50 firms, including I. Miller, Bonwit Teller, Roger Kent, Henri Bendel. Hoving, 68, stands 6 ft. 2 in. tall and looks every inch what he is: the supremely suave chairman of the grand Fifth Avenue jewelers, Tiffany...
...Pretty Sleepy." It used to be that Hoving worked under Jarman for Genesco, and headed both Bonwit Teller and the then Genesco-owned Tiffany. The two men developed a strong mutual antipathy, and in 1958 Jarman pointedly noted that Hoving was four years short of Genesco's mandatory retirement age, suggested that he start thinking about grooming a successor. Hoving sat tight until 1960, when Jarman finally kicked him out of Genesco. The following year, Hoving got control of Tiffany as head of a syndicate that bought the jewelers from Jarman...
...goes her way heedless, decorating her arboreal center in bright lights of soft colors, draping venerable trees with blues and greens. She even puts some change in the Salvation Army pot as she trundles back from Jordan's or Bonwit's. You may feel peculiarly "out" as you watch her, for holidays are not times for strangers. But she is not to be missed--none of the magic of New York, mind you, or even the plasticity of Los Angeles, but still something quite remarkable in her own way. How long can it last, you ask yourself? How long before...
...special consideration, quality of service and a good image that attract the quick-roving customer. Courteous salespeople are, of course, the first line of defense, and many aggressive merchandisers now hold training classes, insist that clerks learn everything about the stock. President Mildred Custin of Manhattan's Bonwit Teller trains each salesgirl to telephone special customers when interesting new merchandise arrives...