SKNL North America and Emerisque Brands Completes Acquisition of Hartmarx Assets...

Fri Aug 7, 2009 6:28pm EDT

* Reuters is not responsible for the content in this press release.

SKNL North America and Emerisque Brands Completes Acquisition of Hartmarx
Assets From Bankruptcy

CHICAGO, Aug. 7 /PRNewswire/ -- SKNL NA and Emerisque Brands announced today
that they have completed the acquisition of assets of Hartmarx from bankruptcy
under the newly formed Hartmarx Operating Company LLC.

"We are delighted to have completed this acquisition. This is an important
step forward towards our ambition of being "clothiers to the world," said
Chairman of SKNL and the new Hartmarx, Nitin Kasliwal.

"We thank our customers, partners and employees for supporting Hartmarx
throughout the long and complicated transaction period and want to let them
know we are committed to being a strong partner, dedicating the resources and
expertise necessary to honor Hartmarx's heritage and realize its potential,"
said Ajay Khaitan, founder of Emerisque and Vice Chairman and CEO of the new
Hartmarx. "Although we still face hard work and difficult decisions in the
months ahead, we believe that the best days for the Company are ahead."

About Hartmarx Operating Company LLC

Hartmarx is a privately-held U.S.-based company with more than thirty brands
and labels serving the diversified apparel industry. It is a leading supplier
of high-value men's tailored clothing and formal wear under its own iconic
brands Hickey Freeman, Hart Schaffner Marx and Coppley and under other leading
brands. Its men's and women's sportswear and lifestyle brand portfolio
includes names such as Bobby Jones, Jack Nicklaus/Golden Bear, Simply Blue,
Exclusively Misook and Monarchy. North American hubs of tailored clothing
manufacturing are located in Illinois, New York and Canada.

SOURCE  Emerisque Brands; SKNL NA

Carreen Winters, +1-201-507-9500,
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.