Hart Schaffner Marx

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Hartmarx, the maker of clothing brand Hart Schaffner Marx, filed for Chapter 11 bankruptcy due to the increasingly common refrain of reduced demand and poor credit availability. The company noted sharp dropoffs at luxury price points. Hartmarx, which possesses licenses for brands such as Pierre Cardin, hopes to continue operations during bankruptcy proceedings.

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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.

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This page contains a single entry by David Wertheimer published on January 23, 2009 10:57 PM.

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