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Kasper history
Kasper company history timeline
Arthur S. Levine, president of the Kelly Arden dress and suit lines of Bobbie Brooks, bought this division in 1972 and made it an independent company.
Sassco added Nolan Miller special occasion suits&mdashmed at older consumers--in 1987 and recorded sales of almost $130 million that year.
By 1988 Sassco was the largest suit manufacturer based in Manhattan's Seventh Avenue garment district.
Leslie Fay, it was discovered soon after, had submitted false numbers for its 1992 results, and the following year the company fell into Chapter 11 bankruptcy.
Sassco was the company's strongest and most profitable division, with its fiscal 1993 sales of $300-$350 million accounting for roughly half of Leslie Fay's $661 million in sales that year.
With business on the decline, Dell'Olio was replaced in 1993, first by Richard Tyler and then by Patrick Robinson.
Leslie Fay finally conceded defeat in 1997 in its effort to retain Sassco.
Kasper purchased Anne Klein Co. in early 1999 for an estimated $75 million.
Kasper's principal shareholders in March 2001 were Whippoorwill Associates, Inc., 18.1 percent; Bay Harbor Management, L.C., 15.9 percent; and ING Equity Partners, L.P. I, 9.5 percent.
In early 2001 the company was selling its products in about 2,000 department and specialty stores in the United States, Canada, and Europe.
The Kasper collections in 2001 were Kasper A.S.L., Kasper Dress, Kasper & Company Sportswear, Kasper & Company Woman, Kasper Woman, Le Suit, and Le Suit Woman.
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Kasper competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Ouray Sportswear | 1965 | $57.9M | 200 | - |
| The Motherhood | - | $620,000 | 51 | - |
| Sprockets.com | 1996 | $1.6M | 25 | 1 |
| San Francisco Music Box | 1978 | $13.0M | 30 | - |
| Jean | - | - | - | 1 |
| World Science Festival | 2008 | $1.4M | 30 | - |
| Merry Go Round Playhouse Inc | 1974 | $5.0M | 28 | - |
| Jones New York | - | $1.0M | 7 | - |
| Paper House Productions | 1980 | $4.1M | 35 | - |
| Music Go Round | 1986 | $690,000 | 25 | - |
Zippia gives an in-depth look into the details of Kasper, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Kasper. The employee data is based on information from people who have self-reported their past or current employments at Kasper. 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 Kasper. The data presented on this page does not represent the view of Kasper and its employees or that of Zippia.
Kasper may also be known as or be related to Kasper and The Kasper Group.