Word: hawley
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Dates: during 1970-1979
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Even the eruptions of hockey can be misperceived. Says New York Islander Official Hawley Chester: "Hockey is actually not as tough as it used to be years ago when there were only six professional teams. The competition was very tough." Then why does the sport seem so bloody? "There's more coverage of isolated incidents. Television and the press have accentuated the violence...
Stores Corp. 12%, to $418 million. Carter Hawley Hale Stores Inc., parent of Bergdorf Goodman and Neiman-Marcus, showed an 8.1% increase, to $292 million. Bloomingdale's is a part of Cincinnati-based Federated Department Stores, Inc., the nation's largest department-store chain?and Federated turned in one of the best showings of all. Its sales rose 13.4%, to $883 million, in the third quarter, and its profits leaped 46%, to $34 million...
...only way to learn the retailing business is over the counter," Philip M. Hawley is fond of saying. Hawley, 48, first practiced what he now preaches while dishing up sundaes behind the counter of his Portland, Ore., ice-cream store. Now, as president of Broadway-Hale Stores, Inc., he directs a retailing empire that includes Neiman-Marcus, Bergdorf Goodman, Holt, Renfrew, Capwell's, The Emporium, Weinstock's and the Walden Book...
...Beta Kappa graduate of the University of California and Harvard Business School, Hawley sold his four ice-cream shops in 1952 and went to work for a Portland department store. He joined Broadway-Hale six years later as a buyer, was adopted as protégé by Board Chairman Edward Carter, and was named president...
Included in his retailing domain are more than 400 department and specialty stores, gift and book shops. Their profitability is due largely to Hawley's willingness to let his company's acquisitions maintain their separate personalities. "The best way for Neiman-Marcus to survive," he says, "is to let Stanley Marcus run it." Hawley is now negotiating to buy 20% of Britain's House of Fraser Ltd., owner of the prestigious Harrods of London and 90 other United Kingdom stores. The purchase will be a cornerstone of Hawley's plans to boost company profits ($39.8 million...