U.S. Business: Made to Measure

Fanciers of men's clothing may wonder who Hart, Schaffner and Marx really were. Well, late in the 19th century in Chicago, Max and Harry Hart, Joseph Schaffner and Marcus Marx pioneered as high-volume manufacturers of men's clothing ("One just price and just one price"). They brought out the first honest-to-goodness virgin-wool suits in 1900, and a tropical-weight suit in 1917. About the same time in Rochester, two other clothiers, Jeremiah Hickey and Jacob Freeman, were sewing up their own vested interests. Last week the two companies that these men founded joined hands across the rack in an $11 million stock-swapping merger...

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