Fake fur boom drives profit as Taylor pivots from real pelts
New York businessman Russell Taylor, head of Continental Food Corp., moved from natural fur to simulated fur 17 years ago. He notes fake fur now accounts for about 25 percent of U S coats, with roughly 400 million dollars in annual retail sales and 10 to 20 percent growth expected. Industry peers foresee steady expansion amid cheaper materials and ecological concerns.
MENTIONED IN THIS ARTICLE
New York
UPL
Russel Taylor
St. Paul
Damascus
Continental Food Corp
United States
Tayior
Martin Witkoff
Hers Apparel! Industries, Inc
East Paterson
N.J
Taylor
Koehring executive eyes growth in Lorain plant
Callahan, hired in 1971 as general superintendent of manufacturing for Koehring in Elyria and Bucyrus, earlier built a career at Fruehauf and Collins Radio. Now plant manager in Lorain, he outlines a worker training program and a drive to expand output while balancing family life and community obligations.
MENTIONED IN THIS ARTICLE
Ning
Morith
Callahan
Lorainers
Roehring
Lorain Courty-Joint
Schisor
Koehring
Fruehauf
Puck
Elysher
Collins Radio Co
Cleveland
Clark O- Siith Corp
Iveland Electronics Inc
Koehring i
Koehring Shi Ordin
Elyria
Bucyrus
Pat
St. Joseph School of Practical Nursing
Lorain
James C. Woods
Oakwood Dr
Ohio Telephone Co
Oberlin
General Telephone Co of Ohio
Marion
Store Clusters Tie Fashion Trend to Shopping Centers
Francis C. Rooney Jr. says the clothes express trend drives store clusters in shopping centers, with up to six brands under one roof. Rooney notes economic leverage in leasing six stores and aims for about $1 billion in yearly sales, as retailers like Woolworth extend connected brands.
MENTIONED IN THIS ARTICLE
Francis C. Rooney Jr
Melville Shoe Co
Rooney
Rgndixing
Miles Shoe
Vanguard
Chessing
Foxmoor
CVS
Woolworth
Kinney Shoes
Susies Casuals
Brown Shoe Co
Gamble Skugmo
Cook's United
Stop'n Shop
Clothes Express
Wall Street Outlook and Melville Expansion Plans
The Dow Jones average has fallen about six percent from a prior peak, with analysts debating whether a bear market has begun or a mere consolidation. F E. F. Hutton notes the decline was on light volume and unlikely to start a new downward leg, while suggesting market consolidation is needed before a durable rise. Melville plans expansion via new stores and acquisitions, aiming to open European shops this year after expanding U S retail outlets with Metro Pant Co. and Clinton Drugstores acquisitions. Rooney targets Europe with aggressive retail growth, signaling untapped European merchandising potential.
MENTIONED IN THIS ARTICLE
New York
FE. F. Hutton
Melville
Metro Pant Co
Clinton
Rooney
Europe
Timothy
Bank marketing training and sales club attendees noted
A detailed report lists bankers and sales staff attending industry programs in Virginia and Ohio. It highlights Ford Motor Company institute certifications for Blauvelt, leadership conferences in Hawaii, and several executives earning top salesman honors.
MENTIONED IN THIS ARTICLE
James BL
Auve Pford
Ford Motor Company
Detroit Marketing Institute
Blauvelt
Ford Marketing Institute
Ford
School of Automotive Business Administration
N. Ridge Rd
East
Lorain
National Life and Accident Insurance Co
Hawaii
Top Hat
JE. Walts
H. G. Kirk
Sta
J. J. Dempsey
C.E. Adams JR
John Marsh
Donald Andrijovych
Sid Cisco
Also Mentioned on This Page
le-Telegram
Detroit
Witkoff
UPI
Sydney
Australia
New Yorker
Executive Eyes Growth
Oe Tosett
Ian
New Jersey
Ithin
Lake Erie
Thomas J. Callahan
Wall Street Charter
Povnt
Virginia
Tennessee
Indiana
Wade
Oche T
Alex Bogackl
L.C. Goggans JR
Frank Kitchel
Bainbridge Rd
North Ridgevile
C.I.T. Corp
Walter J. Rekstis Jr
Kitchel
C.I.T
William. Hy Bommer
Nationwide Insurance
Detroit. Rd
Avon
Nationwide
Bormmer
Ohio
Cincinnati
Northern
Western Reserve Mortgage Corp
Sipe
Glyria
Bw-Bhd Wanted
Pierre R. Smith & CO
Stock Exchange Convent Severities
Diyre Savings & Tevet Bidy
AGM Industri
Gondas Corp
BCC Industri
Lee Wilson Cen
Lor
City Bank
Tel Com Cleve Trust
Ely
Major Realty
Ely. Sav. & Trust
Mid West Bancoi Em Tee
Northern Sav
Fastway
Oberlin Sav
Bk-Ely
Stanadyne Gilford Instrument
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