Metric Hosiery Company

The Metric Hosiery Company was a New York City clothing manufacturing firm.

Metric Hosiery Company
Private
IndustryClothing manufacturer
FoundedJanuary 1930 (1930-01) in New York, United States
FoundersWeiss & Cahn
Headquarters442-448 Fourth Avenue,
Manhattan
,
USA
ProductsHosiery

Business history

Metric Hosiery leased property at 442-448 Fourth Avenue in January 1930[1] and incorporated in November 1932. The owners' names were Weiss & Cahn and the business was located at 220 West 42nd Street (Manhattan). The corporation's initial market capitalization was $20,000.[2] The manufacturer was represented in advertising by the Theodore J. Funt Company, in November 1945.[3]

At one point Metric Hosiery was a client of Raymond Loewy, "the father of industrial design".[4]

Metric lost out to a rival business when E. J. Korvette stores transferred their buying of hosiery to Maro Industries. Gabriel I. Levy, a Yonkers lawyer, filed a $4.6 million damage suit in 1966 in United States District Court for the southern District of New York, in hopes of breaking up a one-year-old merger between Maro's Spartans Industries and E.J. Korvette.[5][6]

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References
  1. Business Leases, New York Times, January 10, 1930, pg. 42.
  2. New Incorporations, New York Times, November 14, 1932, pg. 34.
  3. Advertising News And Notes, New York Times, November 29, 1945, pg. 36.
  4. raymond loewy Archived 2008-12-22 at the Wayback Machine
  5. Suit Seeks To Split Spartans, Korvette, New York Times, October 18, 1967, pg. 71.
  6. "60-P Metric Hosiery Company v. Spartans Industries, Inc.". Merger Case Digest 1982. American Bar Association. 1984. p. 536. Retrieved June 8, 2017.
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