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Posts by TonyThe Tailor

We did Small Business Saturday (closed Friday) and it was a huge success for us. We ran 50% off on sport shirts and tailored clothing that day and we started our end-of-bolt sale. We kept our inventory tight this year (as did most retailers) and there are much fewer markdowns.
I'm not sure if HMX actually bought it from JA. If they did and didn't pay for it, then JA would have to petition the Court to get it back
http://www.wwd.com/business-news/human-resources/joseph-abboud-exits-hmx-6491657?src=nl/wkMens/20121116 http://www.mrketplace.com/45201/designer-joseph-abboud-resigns-from-hmx/
John Varvatos' Star USA shirts are extra trim fit.
You met with Michael Mutlese, Daroff's head of manufacturing, who invented the "Korrect Kollar" machine, which revolutionized the ready made clothing industry. My father was Joseph Paranzino, Mutlese's right-hand man and pattern maker. I learned my trade at his knee starting when I was 9, I am now 47.
http://www.democratandchronicle.com/article/20121022/BUSINESS/310220022/Schumer-leading-rally-outside-Hickey-Freeman Schumer, workers rally around Hickey Freeman I looked at Schumer's voting record and although I didn't go to deep into it, he did vote against NAFTA and several other trade agreements that have hurt the American apparel manufacturing business.
http://www.wwd.com/business-news/financial/hmx-group-files-chapter-11-6434586?module=Business-hero More details emerge: (from WWD this morning, my emphasis in Bold Italics) As part of the bankruptcy filing, HMX signed an agreement to sell the company to Authentic Brands Group, with the firm’s U.S. factories, showrooms and other assets of the operating component to be sold to a new entity, or Opco, that will be owned and managed by existing management. As the licensee,...
Just filed Chapter 11 this morning http://www.wwd.com/business-news/financial/hmx-group-files-chapter-11-6434586?src=nl/newsAlert/20121019-1 by Vicki Young from WWD HMX Group and related entities on Friday morning filed a voluntary Chapter 11 petition for bankruptcy court protection in Manhattan. The company’s Canadian affiliates are not part of the bankruptcy filing. HMX also has up to a $65 million debtor-in-possession credit facility with Salus Capital Partners, its...
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