Word: bonwit
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Four days ago, on a last-minute search for gifts suitable for presentation to young ladies, this writer and a friend were circulating among the haute monde at Bonwit Teller's. Having little success in our search, we drifted over to a corner where a quarter, dressed in bright red, was crooning carols into a microphone. That is where we saw the small black door labelled "721 Club--This...
...million for his Barnsdall stock, Odium took it-and with it a cool $12 million clear profit for Atlas. It was one of the quickest major in-&-out deals in Odium's history. By contrast, he spent 17 years tinkering with the management of Manhattan's Bonwit Teller fashion store before he sold for more than $10 million a block of stock which had cost him less than $1,000,000. And after buying into RKO in 1935, Odium kept the company under his wing until he sold to Howard Hughes in 1948 at a profit...
...women's shoe business last summer, Thomas Callahan had his son design some new flat-heeled models. Callahan, who leases the "debutante" shoe department in Manhattan's Bonwit Teller, Inc., got Philadelphia's Cellini Shoes, Inc. to make the shoes, plugged them in the Sunday New York Times. In two weeks, mail orders came in from every state in the union-except Montana. Mystified, Callahan ran the same ad in the New York Herald Tribune. Again the orders poured in; still no sales in Montana, which calls itself the "Bonanza State...
...chairman of his most potent company, Bankers Securities Corp., and came back fast. Through Securities Corp. he moved into control of City Stores, Loft Candy Corp., New York's Hearn Department Stores, Inc. retail chain, and a big minority interest in Walter Hoving's Hoving Corp. (Bonwit Teller, John David, Anson-Jones). Still one of the biggest U.S. real-estate operators and hotel owners, he was the prime mover in luring the 1948 Republican and Democratic conventions to Philadelphia, was grandiloquently dubbed "Mr. Philadelphia." He was a heavy contributor to the Truman campaign...
Radcliffe's 70th anniversary fund committee will sponsor a Bonwit Teller "preview of spring fashions" at 5 p.m. today in the Copley Plaza ballroom. Proceeds from the show will go toward the Annex's current fund drive...