CORPORATIONS: Revolution in Shirts?

In a Bronx shirt factory one day last week, a woman pressed a shirt, doing her best to wrinkle the collar along the edge. But the collar wouldn't wrinkle. To Seymour J. Phillips, 46, president of Phillips-Jones Corp., this was a historic occasion, as historic as the one more than 20 years ago when the company brought out its famed Van Heusen collar* and revolutionized the shirt industry. Phillips hoped to start another revolution with his no-wrinkle collar. He had worked the trick by weaving the several plies of cloth used for...

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