Donnkenny gets waivers on defaults in revolving credit, but maximum cut

November 1996
WWD: Women's Wear Daily;11/27/1996, Vol. 172 Issue 102, p31
Trade Publication
Reports on the granting of waivers to Donnkenny Inc. on defaults of its revolving credit agreements. Cut on Donnenny's maximum credit; Suits filed by shareholders on charges of misleading financial information and insider trading by the officers; Violation of the leverage restrictions; Declaration of the entire loan due and payable upon expiration of the waiver; Positive outlook of the company.


Related Articles

  • Donnkenny planning writeoff charge, gets Mickey & Co. license from China.  // WWD: Women's Wear Daily;1/24/1996, Vol. 171 Issue 16, p10 

    Reports on Donnkenny Inc.'s decision to take a restructuring charge related to writeoff costs tied to its Discounted Scaasi and J.G. Hook sportswear lines and the Felix and Mickey Intimate Apparel. Company's licensing agreement with Walt Disney's Asia Pacific Ltd.; Donnkenny's plan to...

  • Donnkenny to create a $5M fund for any accounting scandal claims. Owens, Jennifer // WWD: Women's Wear Daily;8/27/1997, Vol. 174 Issue 41, p23 

    Reports on Donnkenny's appropriation of funds to help defray potential claims arising from an accounting scandal that resulted in the exit of its former management team in 1996. Amount of the fund; US Securities and Exchange Commission's investigation into the company's operations.

  • Donnkenny shares drop.  // Crain's New York Business;11/11/96, Vol. 12 Issue 46, p46 

    Reports on a decrease in the shares of Donnkenny Incorporated, after the reassigning of two financial executives and the replacing of its auditor. What the shift in management was after; Amount the shares fell by.

  • Donnkenny ongoing net up 79.7... in 2nd quarter.  // WWD: Women's Wear Daily;7/14/1993, Vol. 166 Issue 9, p17 

    Reports on the earnings of Donnkenny Inc. in the second quarter and first half of 1993. Charge for early retirement of debt; Sale of Mickey & Co. line.

  • Donnkenny's troubles not killing its credit. Rutberg, Sidney // WWD: Women's Wear Daily;12/18/1996, Vol. 172 Issue 115, p2 

    Reports on Donnkenny Inc.'s good credit standing with most factors and major fabric suppliers despite problems within the company. Prompt payment of bills; Waivers of defaults until February 27, 1997; Reduction of credit line; Shareholders' suits against Donnkenny; Accounting discrepancies and...

  • Apparel loss.  // Crain's New York Business;04/07/97, Vol. 13 Issue 14, p34 

    Reports that Donnkenny Incorporated, a clothing company located in Manhattan, said that it expects to report a loss of $5 million to $7 million for 1996, when it announces the year's financial performance in mid-April 1997. Reasons for the company's losses.

  • Donnkenny expecting loss for year.  // WWD: Women's Wear Daily;4/4/1997, Vol. 173 Issue 63, p2 

    Report that Donnkenny Inc. is expecting a net loss of between $5 million and $7 million for the year ending December 31, 1996.

  • Sell on the news. Elsasser, John // Public Relations Tactics;Jan97, Vol. 4 Issue 1, p8 

    Looks at the impact of Donnkenny Inc.'s announcement of key financial and personnel moves on the company's stock.

  • Donnkenny earnings, sales rise substantially in quarter.  // WWD: Women's Wear Daily;10/15/1993, Vol. 166 Issue 74, p12 

    Reports on the increase in Donnkenny Inc.'s earnings for the third quarter ending September 4, 1993. Sales performance; Comments of chief executive officer Richard Rubin; Stock performance.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics