USA: Oxford Quiet On Unusual Share Activity

By just-style.com | 30 April 2003

Apparel manufacturer Oxford Industries Inc on Tuesday declined to comment on its unusual share activity which saw it hit a year-high.

The Georgia-based firm, which on Monday agreed to pay $325 million for the owner of the Tommy Bahama brand, Viewpoint International Inc, said in a short news release the New York Stock Exchange had inquired about the activity.

The company said its normal policy is not to comment on unusual trading activity and it has not released any new information since announcing its acquisition.

Companies: Oxford, Tommy Bahama