Word: hartmarx
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This leaves the time-honored bastion of sartorial conservatism -- the merchants of the midrange $400 business garment -- scrambling for a new look and a fresh idea. The trend is against them and so, for the moment, are the numbers. Hartmarx Corp., which owns middle-income retail stores like Wallachs in New York and Baskin in Chicago as well as Hart Schaffner & Marx, purveyors of off-the-peg businessman style for more than 100 years, has been enduring a three-year slump even though it retains an 11% share of the U.S. men's suit market. Brooks Brothers posted...
...stability, the only fashion constant is flux. Bilzerian talks about suits in shades of aubergine and pine green; even Hart Schaffner & Marx's Hoffman waxes evangelical about pleated pants as "a major fashion direction." To hear him tell it, it's only a matter of time until the Hartmarx man looks like a second cousin to the Duke of Windsor: "British is hot right now. You're going to see more 11-in. side vents, ticket pockets . . ." Could it be the beginning of another peacock revolution, the biggest ! change in men's fashion since the '70s? Anything's possible -- except...
While quite a few suppliers are still cautiously providing goods to Bloomingdale's and other Campeau subsidiaries, the threat of new cutoffs hangs over the stores. Notes Bert Hand, president of Hartmarx: "These stores are going to end up somewhere, whether in the current organization or under new ownership. Either way, we want to make sure that we don't lose continuity. But on the other hand, we can't put ourselves in too much risk...
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