Word: freeman
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...Hickey-Freeman will stitch on to Hart Schaffner as a subsidiary, get a drawerful of shares and some new out lets. Said Hart Schaffner's John Gray: "We have absolutely no plans for changing the product, distribution, policies or management of Hickey-Freeman." Certainly those familiar names on the labels will remain the same...
...high-volume manufacturers of men's clothing ("One just price and just one price"). They brought out the first honest-to-goodness virgin-wool suits in 1900, and a tropical-weight suit in 1917. About the same time in Rochester, two other clothiers, Jeremiah Hickey and Jacob Freeman, were sewing up their own vested interests. Last week the two companies that these men founded joined hands across the rack in an $11 million stock-swapping merger deal...
...original Hart, Schaffner and Marx are long gone, but their publicly owned firm under President John D. Gray now does a $107 million manufacturing and retail business, has 101 stores in 43 cities, including Wallachs in Manhattan, Baskin in Chicago, and Stevens in New Orleans. Smaller Hickey-Freeman is still a private family firm, run by President Walter B. D. Hickey (son of Jeremiah) and Vice President Albert Freeman (nephew of Jacob...
...merger mates, the two companies are made to measure. While Hart Schaffner suits sell for $80 to $150, Hickey-Freeman specializes in the luxury brackets, with suits retailing at $150 to $235, sports coats at $110 to $215 and vicuna overcoats priced up to $550. Last year it sold $20 million worth of everything, including plenty in its own three stores-F. R. Tripler in Manhattan and Capper & Capper in Chicago and Detroit...
...route from the airport was not made public, and most of his companions all but hid their faces behind newspapers as they rushed into the St. Regis Hotel. Among them were Chief Justice Earl Warren, Justice Arthur Goldberg, Defense Secretary Robert McNamara, Commerce Secretary Luther Hodges, Agriculture Secretary Orville Freeman, Health, Education and Welfare Secretary Anthony Celebrezze. Also on hand was a galaxy of diversified doers: International Ladies Garment Workers Union President David Dubinsky, Department Store Magnate Bernard Gimbel, Mrs. Ernest Hemingway, N.A.A.C.P. Executive Secretary Roy Wilkins, Writer-Pundit Theodore White, Actor Fredric March, Arthur Schlesinger Jr., and Artist William...