Word: kayser
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...intends to move more deeply into synthetics. At the same time Hyman, who has made 28 transatlantic trips and is a self-styled "Americanophile," will step up his marketing in the U.S., where 50% of Viyella production already goes. To service such stateside customers as Manhattan Shirt, Hathaway Shirt, Kayser-Roth and Hart Schaffner & Marx, he intends to re-establish an American mill closed down by earlier management a decade ago in what he regards as an ill-advised cost-cutting move. To step up demand for his products, he has begun a new and perky U.S. advertising campaign...
...also stripped of labels-sell for 10% to 15% off regular retail prices, but the choice is limited. For the most part, Ferkauf relies on private-label soft goods put out for him by big-brand manufacturers. Korvette's calls them "compara-bles"; they include such items as Kayser-Roth "Nolde" nylons at $2.55 for three pairs, v. $4.05 for Kayser's better known "Kayser" hose, and Kentshire sheets by Pacific at $2.57 apiece, v. $3.49 for regular Pacific sheets. Though his competitors sneer that some of Ferkauf's "comparables" look more like sacks than Saks...
...migrated to Brooklyn after World War I, started as a sample boy in a hosiery firm, by 30 owned his first mill. In 1940 he bought the Diamond hosiery firm (150 employees), sold it in 1954 (sales: $8,000,000; employees: 1,500) to head lingerie-making Julius Kayser & Co. for three years, moved on to Mojud last month...
...against El Paso. It charged that the merger would reduce competition in supplying gas to the rich West Coast market, even though, at the time, El Paso had simply acquired 99.8% of Pacific's common stock and was operating the companies separately. El Paso's President Paul Kayser countered by applying to the Federal Power Commission, which is more sympathetic to producers and pipelines and which shares jurisdiction with the trustbusters...
Last week Kayser's bypass of the Justice Department paid off. From the FPC came a four-man opinion okaying El Paso's purchase of Pacific Northwest, making it the biggest gas carrier. FPC acknowledged that there might be a reduction of competition for California customers, and also less competition in buying gas from independent producers. But the commissioners took the stand that it was not particularly significant, because the merged El Paso-Pacific Northwest combine faces new competition in the California market from the Transwestern Pipeline Co., recently authorized to build a $192 million pipeline into...