4.16.12

Haggar Announces New Leadership

 

3.19.12

BJA Auctions Antique

& Estate Jewelry

 

2.28.12

Final Phase of Continental GOB Sale

 

11.29,11

Continental Jewelry Closing in Tampa

 

11.15.11

Unico Designs

the look to hold Two-Store retirement

 

3.2.11

Surya Capital in Association with BJA Purchase Robbins Diamonds Inventory

 

11.11.10

Jewelers Could Have

A Happier Holiday This Year

 

8.23.10

Maharaja's Loses Beachfront Store

as Oil Wary Tourists Avoid the Gulf

 

7.28.10

Buxbaum Group Relocates

 

6.29.10

Michael Lebowitz Joins

Buxbaum Jewelry Advisors

 

6.21.10

Lisa Ketrick Joins

Buxbaum Jewelry Advisors

 

5.14.10

Gold-Buying Helps Jewelers

Weather Great Recession

 

3.29.10

Buxbaum Jewelry Advisors

Helps Hoff Family Jewelers

 

1.12.10

Rapid Sale of $1.5 M Inventory Shows  Demand for Value Jewelry

 

6.18.09

Highly successful sale for

Henricks Jewelers Bonita Springs

 

5.06.09

M.J. Christensen Plans To

Reopen Under New Name

 

5.04.09

Filene's Basement Files

For Chapter 11

 

4.29.09

M.J. Christensen

Store Closing

 

4.23.09

Reviewing All 'Available

Business Options’ for Filene's

 

3.24.09

Jewelry Superstore Offers

Huge Discounts In

Going Out Of Business Sale

 

11.26.08

Retailers to Shout 'Value!' from the Rooftops This Holiday Season

 

9.24.08

Buxbaum Forms Wholesale, Retail

Jewelry Liquidation Venture

 

7.21.08

Toys, Games, and Collectibles

Offered at Huge Discounts

 

7.17.08

Dismal Consumer Confidence

Undermines 'Immunity'

of Luxury Retail

 

7.17.08

Gigantic Inventory Clearance Sale

Makes Dream Kitchens A Reality

 

3.12.08

Western Wear Chains Offering Huge Savings at Special Inventory Sale

 

11.05.07

Shoppers Can Expect Quick Holiday  Bargains As Worried Retailers Cut Prices

 

10.24.07

Rosslyn Hotel Renovation

into Affordable and

Market-Rate Housing

 

9.10.07

Retailers's Shift Away

from Purchasing Contracts

 

7.09.07

Buxbaum Group Relocates

to Agoura Hills, CA

 

5.03.07

Downturn Means Uncertainty For

New Breed of Asset-Based Lenders

 

2.22.07

Collectors Art

Going-Out-of-Business Sale

 

11.02.06

Buxbaum Group Announces Senior Executive Changes

 

10.23.06

What Will the Holiday Season Bring

 

10.18.06

Marcos and York Join Buxbaum Group

Asset Appraisal Group

 

4.12.06

Acquisition of Honduran Factory to

Help Indosheen Regain Prominence

 

1.03.06

Buxbaum Group Readies

Indosheen for More Growth

 

11.09.05

 Confirmation Hearing on

Waterman Reorganization

 

10.25.05

Buxbaum Group

Gets Gramicci

Back On Track

 

10.20.05

Buxbaum Group the Key to

Sale of Rampage

 

2.17.04
Buxbaum Group Inventory
Appraisals Hit $5.0 Bil.
in 2003

 

1.7.04
David Buxbaum Named to Local
Airport and Hospital Boards

 

12.24.03

Right Start Stores Now in
Liquidation Mode, As Court
Rejects Offer On Business


12.9.03
Buxbaum Group Inventory
Appraisals Exceed $3.5 Bil.
on Target to Reach $5.0 Bil.
for 2003

 

12.4.03
Inventory Clearance Sales
Begin in All 142 FAO Schwarz,
Zany Brainy, and the
Right Start Stores

 

3.27.03
Buxbaum Group Appraised
Approx. $4.0 Billion
in Inventories in 2002

 

2.28.03
Court Approves GOB Sales
For Troutman's Emporium;
Buxbaum Group, Others
to Run Liquidation

 

 

HAGGAR ANNOUNCES NEW LEADERSHIP - Longtime senior executives elevated to top positions

DALLAS, Texas (April 16, 2012) – The Board of Directors of Haggar Clothing Co. announced today the promotion of two longtime, outstanding senior executives. Michael Stitt, formerly President of Haggar’s highly successful Canadian business, has become the Company’s Chief Executive Officer and joined the Board. Tim Lyons, formerly President of Haggar’s U.S. wholesale sales operations, has become the President of Haggar.

Stitt and Lyons are assuming their new responsibilities at a time when Haggar is poised to continue the steady revenue growth and strong profitability that it has posted since 2009. Industry veteran Paul Buxbaum guided the Company's senior team as CEO for the past 3 years. He will remain associated with Haggar as strategic advisor while returning to full-time management of his other business interests.

“Under Paul’s capable leadership, Haggar has gained substantial share and continued its long record of innovation in the marketplace, most recently with the successful launch of a new brand, Life Khaki®. Haggar now moves enthusiastically into the next phase of our long term plan for domestic and international growth under the very talented direction of Michael Stitt and Tim Lyons,” said Brian Leitch, co-chairman of Haggar’s Board of Directors. "It is especially gratifying to be able to promote into these positions two executives with such long and successful track records at Haggar as Michael and Tim. Along with the rest of the senior executive team, their deep relationships with our customers and vendors, and their detailed knowledge of where we have been and where we want to go, will ensure a seamless transition and leave Haggar well positioned for the future."

"We are sincerely thankful for Paul's great leadership and contribution over the past three years. We look forward to this new change and believe that Michael and Tim's talents and energies
will bring Haggar to the next level," said Johnny Tsai, co-chairman of Haggar’s Board of Directors.

"In 1926, J.M. Haggar had a vision for a company with an entrepreneurial spirit and core family values. Those values continue to define Haggar today with a profound impact that permeates throughout the entire organization. It is a privilege to be part of such a great and historic company”, said Michael Stitt. “This is a very exciting period for our Company. We continue to see market share gains and sales growth as a result of a variety of new product lines conceived by this management team. I look forward to continuing the development and execution of many innovative and strategic initiatives, working alongside Tim Lyons and the rest of our dynamic executive team”. A 1988 graduate from the University of Western Ontario with an MBA from York University’s Schulich School of Business, Stitt joined Haggar in 1999 and has served as President of Haggar Canada Co. since 2006. During this period, Haggar’s Canadian business has delivered strong revenue and profitability gains.

"I'm excited to be working with Michael and our talented group of associates on the next phase of Haggar's growth. Paul has done an exceptional job of providing leadership. Michael and I look forward to accelerating the momentum and continuing to drive the innovation Haggar has become known for,“ said Tim Lyons, whose responsibilities have expanded to include involvement with Company-wide strategic planning and international expansion. Tim Lyons, who has served since October 2007 as President of Sales, has been with Haggar Clothing Co. for 32 years.

Paul Buxbaum said, "Working with Haggar has been uniquely rewarding. The popularity of the brand and remarkable results achieved through dedicated efforts of talented teams with a commitment to innovation and excellence has been a great experience. I look forward to tracking the continued progress of this marvelous brand and organization."

About Haggar - Since its beginnings in Dallas, Texas in 1926, the Haggar Clothing Co. has grown from a simple manufacturer of men’s fine apparel into one of the most recognized brands in the market, with Haggar® casual pants, dress pants and suit separates and an extensive licensing program offering head-to-toe clothing options for style-conscious men of all ages and professions. The Company today enjoys the #1 market position in men’s dress pants in the United States, as well as the #2 share in men’s casual pants.

About Buxbaum Group - Buxbaum Group has built its reputation over the past 30 years as an advisor and investor working with companies domestically and internationally in a wide array of industries. Paul Buxbaum, an apparel industry veteran, has been its Chief Executive Officer since 1998.

Media Contact:  Jon Ragsdale Haggar Clothing Co. 214.956.4460                                                                      

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