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Gadzooks – Founded in 1983 as a T-shirt store, Gadzooks grew to a 250-store mall fashion retailer before making an ill-advised decision to discontinue menswear. The company was purchased by competitor Forever 21 out of bankruptcy in 2005, with its stores either closed or converted to F21 formats.
Oxford Industries joined the New York Stock Exchange in the 1960s. [1] Sartain Lanier served as chairman of the board and CEO until his retirement in 1981, when his son J. Hicks Lanier became chairman and CEO. [1] [2] Today, the company has sales in excess of $1 billion and employs over 4,700 people. [1]
By 1986, the number of Hit or Miss stores in the United States had reached 420, and sales had climbed to $300 million (~$707 million in 2023). Some 70 percent of its inventory was made up of nationally known brands. The remaining 30 percent consisted of standard apparel, produced by Hit or Miss under its own private label.
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