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ROBERT CHAVEZ APPOINTED CHIEF EXECUTIVE OFFICER OF ETIENNE AIGNER

 ROBERT CHAVEZ APPOINTED CHIEF EXECUTIVE OFFICER OF ETIENNE AIGNER
 NEW YORK, July 16 /PRNewswire/ -- The Hartstone Group PLC, a worldwide accessories company, today announced the appointment of Robert Chavez, formerly president of merchandising for Macy's East, as chief executive officer of Etienne Aigner effective Aug. 1. New York-based Etienne Aigner is a leading women's dress shoe, handbag and small leathergoods distributor and operator of retail outlets.
 Chavez, 37, was responsible for accessories, cosmetics, dresses, suits and women's shoes at the 68 Macy's East department stores, reporting directly to the chief executive. He was with Bloomingdale's for nine years before joining Macy's in 1986. As chief executive, Chavez will report to Trevor Brentnall in New York, chief executive of Hartstone's North American Leathergoods division.
 Brentnall commented, "I am thrilled that of the opportunities available to Bob, he has chosen to join Etienne Aigner. With him at the helm, the company's well established and successful shoe and accessories teams, lead respectively by Sherman Lasser and Liz Conover, will go from strength to strength. I am confident that Etienne Aigner will realize its potential -- to become North America's acknowledged leading brand of moderately priced shoes, apparel accessories, luggage and travel goods."
 "As a former retailer, I have great respect for Etienne Aigner," said Chavez. "It is a brand that signifies classic style, superior quality and strong value. These elements have been the key to its success and will continue to enhance its reputation into the 1990s. I look forward to working with the strong team of people at both Aigner and Hartstone, and am excited about all of our future endeavors together."
 In the U.S., the Hartstone Group PLC designs, sources and distributes women's dress shoes, handbags and small leathergoods through Etienne Aigner, and handbags and small leathergoods through Michael Stevens. Etienne Aigner has over 400 employees and its sales for 1991 were approximately $100 million: 28 percent accessories, 56 percent footwear and 16 percent from its 30 retail outlets.
 U.K.-based Hartstone Group, an international apparel accessories specialist, is one of the world's largest distributors of leathergoods and the third largest hosiery manufacturer and distributor in Europe. Sales for the fiscal year ended March 31, 1992 were 237.8 million pounds sterling (approximately $450 million). Hartstone's shares trade on the London Stock Exchange and in the U.S., through a sponsored ADR program at the Bank of New York.
 -0- 7/16/92
 /CONTACT: Trevor Brentnall of Hartstone Holdings, U.S.A., 212-246-8660, or Debra Wasser or Joe Mileti of Dewe Rogerson, 212-688-6840, for Hartstone Holdings/ CO: Hartstone Group PLC ST: New York IN: TEX SU: PER


TS-OS -- NY064 -- 9769 07/16/92 12:49 EDT
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Publication:PR Newswire
Date:Jul 16, 1992
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