Manhattan Industries
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Manhattan Industries
Manhattan Industries was founded as the Manhattan Shirt Company by Lewis Levi in 1857. His son Abram Leeds took over and grew the company to be one of the largest shirt producers. Brands under the company included Henry Grethel, The Vera Companies, John Henry, Perry Ellis, Lady Manhattan, the Union Company specialty stores in Ohio, and Frost Bros. specialty stores in Texas. . The company incorporated in 1912. It had garment factories employing mostly women in several states. Operations included a factory complex in Paterson, New Jersey. Manhattan Shirt Company was one of the initial tenants in the Emmet Building on Madison Avenue in Manhattan. Robert Lewis Leeds Jr. was the CEO of Manhattan Industries from 1965 to 1974, when he left to work with Victor Kiam at Remington. Larry Leeds, the president and chairman of the company in 1977, backed the creation of Perry Ellis International. In 1980, Frost Bros. was sold to Washington, D.C.-based Julius Garfinkle Company, and The Union C ...
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Garment
Clothing (also known as clothes, apparel, and attire) are items worn on the human body, body. Typically, clothing is made of fabrics or textiles, but over time it has included garments made from animal skin and other thin sheets of materials and natural products found in the environment, put together. The wearing of clothing is mostly restricted to human beings and is a feature of all human societies. The amount and type of clothing worn depends on gender, body type, social factors, and geographic considerations. Garments cover the body, footwear covers the feet, gloves cover the hands, while hats and headgear cover the head. Eyewear and jewelry are not generally considered items of clothing, but play an important role in fashion and clothing as costume. Clothing serves many purposes: it can serve as protection from the elements, rough surfaces, sharp stones, rash-causing plants, insect bites, by providing a barrier between the skin and the environment. Clothing can insulate a ...
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Manhattan
Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five boroughs of New York City. The borough is also coextensive with New York County, one of the original counties of the U.S. state of New York. Located near the southern tip of New York State, Manhattan is based in the Eastern Time Zone and constitutes both the geographical and demographic center of the Northeast megalopolis and the urban core of the New York metropolitan area, the largest metropolitan area in the world by urban landmass. Over 58 million people live within 250 miles of Manhattan, which serves as New York City’s economic and administrative center, cultural identifier, and the city’s historical birthplace. Manhattan has been described as the cultural, financial, media, and entertainment capital of the world, is considered a safe haven for global real estate investors, and hosts the United Nations headquarters. New York City is the headquarters of ...
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American Companies Established In 1857
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * Ba ...
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Clothing Companies Of The United States
Clothing (also known as clothes, apparel, and attire) are items worn on the body. Typically, clothing is made of fabrics or textiles, but over time it has included garments made from animal skin and other thin sheets of materials and natural products found in the environment, put together. The wearing of clothing is mostly restricted to human beings and is a feature of all human societies. The amount and type of clothing worn depends on gender, body type, social factors, and geographic considerations. Garments cover the body, footwear covers the feet, gloves cover the hands, while hats and headgear cover the head. Eyewear and jewelry are not generally considered items of clothing, but play an important role in fashion and clothing as costume. Clothing serves many purposes: it can serve as protection from the elements, rough surfaces, sharp stones, rash-causing plants, insect bites, by providing a barrier between the skin and the environment. Clothing can insulate against cold ...
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William Openhym & Sons
William Openhym & Sons was a wholesale silk company in New York. The Manhattan Shirt Company was a subsidiary. The Copper Hewitt Museum has fabric samples from the company in its collection. The Queens Library has a silver gelatin print of the company's mill as well as the home of the mill's superintendent Jacob Salathe. The company operated Myhnepo mill in College Point, New York. Myhnepo is Openhym spelled backwards. Adolphe Openhym (1854 - 1903), a member of the family, was the original owner of 352 Riverside Drive a property later owned by hedge fund manager Jim Rogers, oil tycoon scion Helen Hunt, and Amy Schumer. It is landmarked and listed on the National Register of Historic Places. In 1910 the company was the plaintiff in a case against a trustee that took possession of its goods from a bankrupt company. The company was an early tenant in the Emmet Building in New York City. Adolphe Openhym died in a suspected suicide committed by jumping off High Bridge (New York Cit ...
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Hostile Takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offers. It can also include shares in the new company. Types Friendly A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In an ideal world, if the board feels that accepting the offer serves the shareholders better than rejecting it, it recom ...
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Chapter 11 Bankruptcy
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to t ...
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Perry Ellis International
Perry Ellis International is an American clothing, fashion, cosmetics and beauty company that includes a portfolio of brands distributed through multiple channels worldwide. The company focuses primarily on sportswear and casual clothing for niche markets. It is headquartered in Doral, Florida, United States. History Perry Ellis International was founded by George Feldenkreis. Feldenkreis was Born in Havana, Cuba and his parents were Russian immigrants. After moving to Miami in 1961, he founded Supreme International. Throughout the 1970's Supreme went international and began selling through mass retailers J.C. Penney and Sears. In 1979 Feldenkreis's son, Oscar Feldenkreis, joined as vice president and a board director. In 1993, Supreme International goes public on NASDAQ stock exchange under the symbol SUPI. SUPI recorded $33M in revenues that previous year. In 1999 Supreme International acquired Perry Ellis and changed its parent company name to Perry Ellis International w ...
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Madison Avenue
Madison Avenue is a north-south avenue in the borough of Manhattan in New York City, United States, that carries northbound one-way traffic. It runs from Madison Square (at 23rd Street) to meet the southbound Harlem River Drive at 142nd Street. In doing so, it passes through Midtown, the Upper East Side (including Carnegie Hill), East Harlem, and Harlem. It is named after and arises from Madison Square, which is itself named after James Madison, the fourth President of the United States. Madison Avenue was not part of the original Manhattan street grid established in the Commissioners' Plan of 1811, and was carved between Park Avenue (formerly Fourth) and Fifth Avenue in 1836, due to the effort of lawyer and real estate developer Samuel B. Ruggles, who had previously purchased and developed New York's Gramercy Park in 1831, and convinced the authorities to create Lexington Avenue and Irving Place between Fourth Avenue (now Park Avenue South) and Third Avenue in order to s ...
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Salant Corporation
Perry Ellis is an American designer fashion clothing brand owned by Perry Ellis International founded by eponymous American designer Perry Ellis. In June 2003, Perry Ellis merged with Salant Corporation, manufacturer of the brand's clothes, for about $80 million. The combined company offers about 25 brands. History Perry Ellis, with his parent company The Vera Companies, founded his own fashion house, Perry Ellis International, in 1978. He opened his showroom on New York City, New York's Seventh Avenue (Manhattan), Seventh Avenue. As chairman and fashion design, head designer he started the Perry Ellis Menswear Collection. Perry Ellis won eight Coty Awards between 1979 and 1984 (the last year that they were given) and a Council of Fashion Designers of America (CFDA) Award in 1983. He served as President of the CFDA in 1984 Ellis' colleague, Richard Haines, attributed to him "classic with a twist." Perry Ellis said he was inspired "to design clothes that are more obtainable, mo ...
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