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HE-RO GROUP ANNOUNCES THAT A HIGHER BIDDER WAS APPROVED TO BUY RUSS TOGS ASSETS

 HE-RO GROUP ANNOUNCES THAT A HIGHER BIDDER WAS APPROVED
 TO BUY RUSS TOGS ASSETS
 NEW YORK, May 11 /PRNewswire/ -- The He-Ro Group, Ltd. (NYSE: HRG) announced today that the United States Bankruptcy Court approved a higher bidder's offer for certain assets of Russ Togs, Inc. which He-Ro had offered to purchase.
 The He-Ro Group, Ltd. manufactures and markets an extensive range of women's evening and special occasion wear, dresses, suits, blouses and sportswear. He-Ro's products are sold under a number of licensed designer labels including Oleg Cassini, Bill Blass, Bob Mackie Boutique, Fabrice Silhouette, Oscar de la Renta Studio and J.G. Hook and under He-Ro's proprietary labels including Niteline.
 -0- 5/11/92
 /CONTACT: Richard Woolwine, executive vice president of The He-Ro Group, 212-704-7259/
 (HRG) CO: He-Ro Group, Ltd.; Russ Togs, Inc. ST: New York IN: TEX SU:


SM-DB -- NY103 -- 8841 05/11/92 17:37 EDT
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Publication:PR Newswire
Date:May 11, 1992
Words:148
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