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UNIVERSAL INTERNATIONAL, INC. ANNOUNCES NEW PRESIDENT FOR ONLY DEALS

UNIVERSAL INTERNATIONAL, INC. ANNOUNCES NEW PRESIDENT FOR ONLY DEALS
 MINNEAPOLIS, Nov. 3 /PRNewswire/ -- Universal International, Inc. (NASDAQ-NMS: UNIV) announced that Gilbert L. Wachsman has been appointed president of its Only Deals, Inc. subsidiary. Wachsman has extensive experience in retailing including serving as president of Lieberman Enterprises, Inc. and ChildWorld, Inc. and as senior vice president of merchandising for the Target Stores division of Dayton Hudson Corporation.
 Universal International, Inc. buys and sells quality "close-out" merchandise in its traditional wholesale business and is developing a chain of Only Deals retail stores that offer merchandise priced from $1 to $10. Universal's shares are traded on the NASDAQ National Market System under the symbol UNIV.
 -0- 11/03/92
 /CONTACT: Mark Bartholomay of Universal International, 612-533-1169/
 (UNIV) CO: Universal International, Inc. ST: Minnesota IN: REA SU: PER


AL -- MN016 -- 2213 11/03/92 17:05 EST
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Publication:PR Newswire
Date:Nov 3, 1992
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