NEWS FROM THE STANDARD |
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Wayne Chavez: Not Scared of Boo
Jun 28 2000 12:00 AM PDT
PROFILE |
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Bill Blass' signature has marked sophisticated styles for more than three decades. His namesake company makes tailored men's and women's clothing known to adorn the upper crust from Barbara Bush to Barbra Streisand. Blass started the company in 1970 and made a name for himself with timeless, tailored designs using fine fabrics. Never yielding to trendy looks such as as disco or grunge, the Bill Blass name has acquired a loyal fashion following. Most sales come from more than 40 licenses for items such as furniture, eyewear, and accessories. Blass, who retired in 2000, sold the firm in 1999 to its jeanswear licensee, Resource Club, and Michael Groveman (then CFO and now CEO). Lars Nilsson is the head designer.
COMPETITION |
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Chanel S.A. (dossier)
Christian Dior SA (CDI)
St. John Knits International, Incorporated (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 775.00
1-Yr. Sales Growth: 2.0%
Employees: 45
Revenue per employee: $17,222,222.22
KEY PEOPLE |
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Michael Groveman
CEO
Ronald Fetzer
CFO
CONTACT INFO |
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550 7th Ave., 12th Fl.
New York, NY 10018
US
Phone: 212-221-6660
Fax: 212-302-5166
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