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Southpole is an American wholesale clothing and fashion company, designer, distributor, licensor, and marketer based in Fort Lee, New Jersey, with operating headquarters in New York City. The company was founded in 1991 by two Korean American brothers, David Khym and Kenny Khym under their company name, Wicked Fashions Inc.
Wallachs was a New York City men's clothing store which once maintained additional locations in Newark, New Jersey. [1] It was a New York institution for more than a century. Together with Roots and F.R. Tripler, Wallachs was part of a nineteen state chain of fifty stores controlled by the Hastings Group.
Kobacker, two locations in Buffalo, New York; closure announced on December 27, 1972. [361] No relation to Kobacker's Market, a grocery store in Brewster, New York; E.J. Korvette (New York City), closed 1980; Kresge's (multiple locations) Loehmann's, peaked at about 100 stores in 17 states, liquidated in 2014 after several bankruptcies.
With $9 billion in annual sales in 2011, [11] New York City is the United States' top "global fashion city." [ 12 ] The core of the industry is Manhattan's Garment District, where the majority of the city's major fashion labels operate showrooms and execute the fashion process from design and production to wholesaling.
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In 2004, the company purchased luxury department store chain Barneys New York for $400 million, and sold it, in September 2007, to Dubai-based investment firm Istithmar for $942.3 million. In December 2013, Sycamore Partners , which is managed by Stefan L. Kaluzny, purchased the Jones Group for about US$ 2.2 billion.