Word: pamperin
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Dates: during 1980-1989
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Based in a 100-year-old converted brick mill in Paterson, N.J., Tweeds is the creation of refugees from rival J. Crew. Ted Pamperin, 48, Tweeds' chairman, had worked as J. Crew's executive vice president and Aschkenes as its merchandising director. Though paid well at J. Crew, the two partners were frustrated entrepreneurs. Says Aschkenes: "We didn't want to be sitting on rocking chairs when we were 80 years old, never having tried it on our own." They raised $6 million in venture capital financing and now control a minority interest in the firm. The rivalry with their...
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