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Fairweather company history timeline

1906

She painted her first abstract work in 1906 but with a different goal than achieving pure abstraction.) The majority of even the progressive artists regarded the abandonment of every degree of representation with disfavour, however.

1940

In 1940, Salesman and Secretary were the top reported jobs for men and women in the USA named Fairweather.

1966

The first discussions concerning the formation of Dylex took place during a lunchtime meeting in December 1966.

1967

In its first year under Dylex control, the floundering 52-store chain regained its lost vitality, registering C$37 million in sales by the end of 1967.

1984

They made their entry into the United States in a typical manner, acquiring the floundering Foxmoor women's apparel chain from Melville Corporation, a large United States specialty retailer, in 1984.

1987

Because of this successful approach, projections called for the company to reach C$1 billion in annual sales by 1987.

1993

The Company was founded in October 1993 as Fairweather E&P Services, Inc. which was one of several Fairweather companies at the time.

1994

By the end of 1994, the sprawling mass of Dylex had been winnowed down to 879 units in Canada and 174 units in the United States through divestitures and store closures, with further reductions in the offing.

1995

After filing for the equivalent of a Chapter 11 in the United States in January 1995, Dylex emerged from bankruptcy in April 1995, ready to embark on the long road toward recovery.

NBO, which had grown to 34 stores, was sold in early 1995 to Essex Holding, Inc., a divestiture that was indicative of a company in retreat.

1997

By March 1997, there was tangible evidence that Wahle had succeeded.

1998

In 1998 Dylex spent more than C$44 million on its continuing effort to upgrade stores and to expand its existing chains.

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