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Bear Stearns

Suitmaker tailors reach

Ranking as the largest maker of men's suits and sport coats in the country at one time was something to crow about.

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Jim
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#1
Jun 30, 2008
 
This article is very comprehensive, yet it also omits a huge reason Chicago's Hartmarx has had tough times: the takeover of Marshall Field's by Macy's. Hartmarx was a major supplier of suits to Marshall Field's. Despite Macy's claims that it was simply a name change, more than a few vendors and brands were dropped including Hartmarx. Macy's replaced these with other suits from non-local and over seas businesses. That's when Hartmarx's challenges began.

The conversion of Field's to Macy's has been much, much more than a name change. It's had a big, negative impact on other Chicago businesses as well. Hartmarx is one Chicago business that has suffered because of Macy's folly.
joe
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#2
Jun 30, 2008
 
Remember when Hartmarx owned Sansabelt? As Americans' waistlines continue to grown, maybe they should adopt elastic waistbands again!
joe
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#3
Jun 30, 2008
 
correction -- Hartmarx still owns Sansabelt.
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