Manhattan Industries
{{Short description|American shirt company}}
{{Infobox company
| name = Manhattan Industries
| former_name = Manhattan Shirt Company (1857-?)
| logo =
| type =
| industry = Garments
| fate = Acquired by Salant Corporation
| predecessor =
| successor =
| founded = {{Start date and age|1857}}
| founder = Lewis Levi
| defunct = {{End date|1986}}
| hq_location_city =
| hq_location_country =
| area_served =
| key_people =
| products = Shirts
| brands = Henry Grethel
The Vera Companies
John Henry
Perry Ellis
Lady Manhattan
Frost Bros.
| owner =
| num_employees =
| num_employees_year =
| parent =
| website =
}}
Manhattan Industries was founded as the Manhattan Shirt Company by Lewis Levi in 1857. His son Abram Leeds took over and grew the company to be one of the largest shirt producers. Brands under the company included Henry Grethel, The Vera Companies, John Henry, Perry Ellis, Lady Manhattan, the Union Company specialty stores in Ohio, and Frost Bros.Lockwood, Lisa. "Manhattan Industries Puts Frost Bros. up for Sale." WWD, vol. v151, Jan. 1986. EBSCOhost, https://search.ebscohost.com/login.aspx?direct=true&db=edsbig&AN=edsbig.A4099852&site=eds-live&scope=site. specialty stores in Texas. {{Citation needed|date=April 2020}}.
The company incorporated in 1912. It had garment factories employing mostly women in several states. Operations included a factory complex in Paterson, New Jersey.{{Cite web|url=https://www.patersonnj.gov/egov/apps/document/center.egov?view=item&id=946|title=Document Center / Manhattan Shirt Co. / City of Paterson, New Jersey|website=www.patersonnj.gov}} Manhattan Shirt Company was one of the initial tenants in the Emmet Building on Madison Avenue in Manhattan.
Robert Lewis Leeds Jr. was the CEO of Manhattan Industries from 1965{{cite web|url=https://www.nytimes.com/1971/11/21/archives/manhattan-shirts-growth-plan-shirt-company.html|title=Manhattan Shirt's growth plan|first=Leonard|last=Sloane|work=The New Yorl Times|date=November 21, 1971|access-date=January 8, 2023}} to 1974, when he left to work with Victor Kiam at Remington. Larry Leeds, the president and chairman of the company in 1977, backed the creation of Perry Ellis International.The Death and Life of Perry Ellis. New York Magazine Aug 11, 1986{{Cite news |date=1982-01-03 |title=Designing An Empire |language=en-US |work=The New York Times |url=https://www.nytimes.com/1982/01/03/magazine/designing-an-empire.html |access-date=2022-09-02 |issn=0362-4331}}
In 1980, Frost Bros. was sold to Washington, D.C.-based Julius Garfinkle Company, and The Union Company to Marshall Field & Company of Chicago, which merged the Ohio stores into the Cleveland-based Halle Brothers chain.
The company was acquired by Salant Corporation, after that company emerged from Chapter 11 bankruptcy proceedings, in an unsolicited hostile takeover for $100 million in 1988, after the Manhattan board initially rejected the offer.{{Cite book |last=Sterlacci |first=Francesca |url=https://www.worldcat.org/oclc/969439606 |title=Historical dictionary of the fashion industry |date=2017 |others=Joanne Arbuckle |isbn=978-1-4422-3909-8 |edition=Second |location=Landham |oclc=969439606}}{{Cite news |date=1988-02-02 |title=Salant Seeking Apparel Maker |language=en-US |work=The New York Times |url=https://www.nytimes.com/1988/02/02/business/salant-seeking-apparel-maker.html |access-date=2022-09-23 |issn=0362-4331}}{{Cite news |date=1988-02-11 |title=Manhattan Board Rejects Salant Bid |language=en-US |work=The New York Times |url=https://www.nytimes.com/1988/02/11/business/manhattan-board-rejects-salant-bid.html |access-date=2022-09-23 |issn=0362-4331}}"Manhattan Softening to Bid by Salant." Daily News Record, vol. 18, no. 48, Mar. 1988, p. 1. EBSCOhost, https://search.ebscohost.com/login.aspx?direct=true&db=edsggo&AN=edsgcl.6441217&site=eds-live&scope=site.Rutberg, Sidney. "Salant Takes Manhattan; Leeds out, DiPaolo New CEO." Daily News Record, vol. 18, no. 55, Mar. 1988, p. 1. EBSCOhost, https://search.ebscohost.com/login.aspx?direct=true&db=edsggo&AN=edsgcl.6469257&site=eds-live&scope=site.
See also
References
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Category:Clothing companies of the United States
Category:American companies established in 1857
Category:Retail companies established in 1857
Category:Design companies established in 1857
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