The Hindu Business Line : Three top honchos of Hartmarx to quit

CHICAGO: Top three executives of Hartmarx will leave the company, as city-based suit maker, which has been acquired by Indian textile firm S Kumars Nationwide Ltd and British firm Emerisque, readies to be run by new owners.

The 125-year-old suit maker announced that Senior Vice President and Chief Financial Officer Mr Glenn Morgan, Group President of its women's wear division Susan Falk and Group President of luxury Mr Paulette Garafalo would leave the company effective Jun e 30.

In a statement, Hartmarx CEO Mr Homi Patel said Morgan has been his partner “in good times and bad”. “Morgan's low-keyed, yet effective demeanour helped us navigate through some very difficult situations. He was also instrumental in making several acqui sitions that significantly changed the nature of the company,'' Mr Patel said.

Falk was instrumental in “upgrading several of our women's wear lines and has participated in helping grow our very successful women's jeans business,'' he said. Mr Patel praised Mr Garafalo for converting Hickey Freeman "from a tailored clothing label into a luxury brand with a retail, web and international footprint”.

Last week, a US court gave its approval for bankrupt Hartmarx's sale to British investment firm Emerisque and its partner SKNL's US subsidiary SKNL North America BV for about 120 million dollars. – PTI

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