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Garfield & Marks Designs, Ltd. Announces the Purchase of the Kenar Brand.


NEW YORK--(BUSINESS WIRE)--Sept. 9, 1999--

Ms. JoAnn Langer, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Garfield & Marks Designs, Ltd., announced today that the company has purchased the Kenar brand which closed its doors in October of 1998.

Supported by an aggressive and well recognized marketing campaign, the Kenar brand had at its peak, risen to $85 million in sales.

Langer will position the brand as a better contemporary collection with wholesale price points ranging from $75.00 to $125.00, targeted towards expanding the fine specialty store Noun 1. specialty store - a store that sells only one kind of merchandise
shop, store - a mercantile establishment for the retail sale of goods or services; "he bought it at a shop on Cape Cod"
 business that has become Garfield & Marks Designs' cornerstone cornerstone

Ceremonial building block, dated or otherwise inscribed, usually placed in an outer wall of a building to commemorate its dedication. Often the stone is hollowed out to contain newspapers, photographs, or other documents reflecting current customs, with a view to
. Launching for Spring 2000, Kenar is expected to generate close to $20 million in its first year.

Garfield & Marks Designs will set up a separate showroom and offices housing design, sales and marketing for the Kenar brand, while shipping and operations will be handled by Garfield & Marks Designs' New Jersey based headquarters.

"We are delighted to have the Kenar brand join our family of companies (which currently includes Garfield & Marks, Womyn Womyn is one of a number of alternate spellings of the word "woman", which insane lesbian feminist nazi-communist bitches use to describe themselves. Commies? LET ME AT THEM Background
The original meaning of the English word "man" (from Proto-Germanic mannaz
 and Alex Garfield)," explained Langer, "There is a void in the marketplace right now for better sportswear, and I feel strongly that Kenar, with its loyal consumer following, will fill that void instantly."

Details of Kenar's organizational structure This article has no lead section.

To comply with Wikipedia's lead section guidelines, one should be written.
 will be forthcoming.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 9, 1999
Words:206
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