Rich Wilner

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Fashion Features

Creditors’ Comittee Backs Barneys in Squabble on Rent

NEW YORK — Barneys found an ally Tuesday in its battle with Isetan Co. Ltd., its Tokyo-based partner.

The retailer’s creditors’ committee has asked the court to stop Barneys’ roughly $2 million in monthly rent payments on three flagship stores…

clock January 31, 1996Rich Wilner and Jeff Siegel

Financial

Gillian Group Said Close to Insolvency

NEW YORK — In a surprising development, The Gillian Group, one of the industry’s most well-known and established dress and suit firms, is having financial difficulties and may not be able to survive, sources reported Monday.

They said the…

clock December 20, 1994Arthur Friedman and Rich Wilner

Financial

Kenneth Jay Lane May Regain Retail Rights From Strapped Circo

NEW YORK — Jewelry designer Kenneth Jay Lane is expected to regain the retail rights to his name, perhaps as early as this week.

Ciro Inc., operating under a Chapter 11 trustee, currently owns the Lane retail rights and operates five…

clock December 5, 1994Rich Wilner

Legal

US Judge in Rochester Bars May Co. From McCurdy Deal

NEW YORK — A federal judge has blocked acquisition by The May Department Stores Co. of four McCurdy & Co. stores, ruling Wednesday that the deal “will have serious adverse economic effects” on the Rochester, N.Y., market.

Judge David…

clock December 1, 1994Rich Wilner

Financial

Federated, Koppel Reach Pact on Selling 6 Units

NEW YORK — Federated Department Stores reached an agreement Monday with the state Attorney General, agreeing to sell six New York City area stores in exchange for the official’s agreement not to block the merger with R.H. Macy & Co.

The…

clock September 20, 1994Rich Wilner

Fashion Features

Federated Near Deal with Koppell to Keep Most N.Y. Macy Units

NEW YORK — It appears Federated will get to keep most of the Macy’s stores in New York — including the Herald Square flagship.

Federated Department Stores and the recently outvoted New York Attorney General, G. Oliver Koppell, who threatened…

clock September 16, 1994Rich Wilner

Financial

Koppell Gives Federated a Deadline: Wednesday

NEW YORK — Federated Department Stores has until Wednesday to resolve its antitrust dispute with New York State Attorney General G. Oliver Koppell, according to attorneys on the case.

Koppell, as reported, has demanded that Federated — which…

clock September 12, 1994Rich Wilner

Financial

Last Martha’s Unit Be Shuttered

NEW YORK — Is the end near for Martha’s?

A bankruptcy judge here may order the doors closed on the 60-year-old upscale women’s apparel retailer on Sept. 23 if a suitor does not come forward.

Martha Phillips Management Co. Inc., which…

clock September 9, 1994Rich Wilner

Financial

Federated-Macy’s tells Court Sales will Hit $17.5B by 1998

NEW YORK — The combination of Federated Department Stores and R.H. Macy & Co. will produce a department store giant with sales of $17.5 billion and cash flow of $2.1 billion by 1998, according to projections filed in bankruptcy court…

clock September 1, 1994Sidney Rutberg and Rich Wilner

Financial

Merger Deal Near; Macy Says No

NEW YORK — While reports swirled Tuesday that Federated Department Stores Inc. and R.H. Macy & Co. are close to a merger deal, Macy’s and a key creditor group remained publicly committed to a stand-alone plan.

Macy’s board, as reported,…

clock July 6, 1994Rich Wilner

Financial

Allen Questrom Takes his Case to Macy’s Today

NEW YORK — R.H. Macy & Co. will entertain a merger proposal this morning from persistent suitor Federated Department Stores Inc., putting Federated’s chief executive, Allen I. Questrom, face-to-face with the Macy board for the first…

clock July 1, 1994David Moin and Rich Wilner

Financial

Macy’s Figures Bloom Just Before Federated Meeting

NEW YORK — R.H. Macy & Co. reported continued strong financial results Monday, just four days before its executives were to meet with the top brass of Federated Department Stores to hear their rival’s merger pitch.

Macy’s said earnings for…

clock June 28, 1994Rich Wilner

Financial

Brooks to Shut Down in July

NEW YORK — The financially troubled Brooks Fashion Stores Inc. will close its entire chain of 238 stores in mid-July.

The moderate-price women’s chain, based here, entered Chapter 11 for the second time in five years in June 1993, and since…

clock June 27, 1994Rich Wilner

Financial

Landlord is New Target in War on Bogus Goods

NEW YORK — Luxury goods suppliers may have a new legal counterattack against counterfeiters.

A federal judge here ruled Thursday that the landlord of a Chinatown building occupied by long-known retailers of counterfeited goods is not immune…

clock June 27, 1994Rich Wilner

Financial

Questrom Set for Pitch to Macy Board

NEW YORK — R.H. Macy & Co. and Federated Department Stores Inc. might be edging closer to a merger.

On Friday, July 1 — a day after Macy’s is scheduled to file its reorganization plan — Allen I. Questrom, Federated’s chairman and chief…

clock June 21, 1994David Moin and Rich Wilner

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