US: Lenders oppose Emerisque's offer for Hartmarx

Author: just-style.com | 1 June 2009

Plans for the sale of bankrupt Chicago-based suit maker Hartmarx seem to be stumbling after its chief lender Wells Fargo says it opposes a US$119m deal reached last week with Emerisque Brands and SKNL North America - a unit of Indian apparel maker S Kumars Nationwide Ltd.

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