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Jordache Enterprises history
Jordache Enterprises company history timeline
Even so, there was nothing major to distinguish the brothers' Hong Kong-made samples from those from any other contender or pretender until they launched an aggressive television and print advertising campaign in January 1979 with $300,000 of their own money and a $250,000 loan from an Israeli bank.
Incredibly, start-up Jordache had sales of $72 million in 1979 by selling more than three million pairs of its sole product--jeans selling at retail for between $29 and $34.
By the fall of 1981 Jordache was producing 1.2 million pairs of jeans a month and selling them in 25 countries.
Jordache stuck a thumb in the eye of rival Sasson Industries when it purchased the Maurice Sasson brand name from a defunct company in 1983 and appointed Maurice Sasson president and chief designer of a newly formed subsidiary, Bronco Ltd.
Also in 1983, Jordache paid $4.7 million for a half-share in a hot new $6 million a year Beverly Hills jeans manufacturer, Guess Inc.
Jordache was still flourishing in 1986, when it was the largest privately owned United States jeansmaker, with annual sales estimated at more than $600 million.
Jordache developed a chain of retail outlets for its products by acquiring 55 discount stores in six states from Heck's Inc. in 1990.
A 1990 trial to determine damages was halted by an undisclosed settlement.
In 1991 the company launched Looks, a fragrance for 14-to-25-year-old females.
In 1995, with sales in the $100 million range, Ralph Nakash shifted the business to Wal-Mart, a merchant not known for fashion.
The company spent less than $1 million for advertising during 1996.
Despite being the site of Gianni Versace’s 1997 murder by serial killer Andrew Cunanan and a baroque monument to bad taste, the Versace mansion has maintained some value.
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Jordache Enterprises competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Bananas | 2016 | $670,000 | 50 | - |
| American Eagle Outfitters | 1977 | $5.3B | 37,000 | 1,237 |
| Forever 21 | 1984 | $4.0B | 30,000 | 24 |
| Levi's | 1853 | $990,000 | 25 | 1 |
| EbLens | 1949 | $47.0M | 219 | - |
| The Children's Place | 1969 | $1.6B | 2,100 | 398 |
| Bath & Body Works | 1990 | $7.3B | 336 | 2,114 |
| Aeropostale | 1987 | $1.8B | 21,007 | 630 |
| Urban Planet | 1998 | $5.0M | 3,000 | - |
| Boot Barn | 1978 | $1.7B | 4,900 | 1,862 |
Jordache Enterprises history FAQs
Zippia gives an in-depth look into the details of Jordache Enterprises, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Jordache Enterprises. The employee data is based on information from people who have self-reported their past or current employments at Jordache Enterprises. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Jordache Enterprises. The data presented on this page does not represent the view of Jordache Enterprises and its employees or that of Zippia.
Jordache Enterprises may also be known as or be related to Jordache, Jordache Corporation, Jordache Enterprises, Jordache Enterprises Inc, Jordache Enterprises Inc., Jordache Enterprises, Inc. and U.s. Polo Assn. Retail (usa).