Arizona Republic from Phoenix, Arizona • Page 40

ALL EDITIONS, Tuesday, February 13, 1990 The Arizona Republic Cll Cash Promptly I JOlutUii otilin 1 1' 51' LA specialty clothier opens 2nd shop in Phoenix area after a strong debut WE BUY TRUST DEEDS DIRECTLY (Secured by Heal Estate) Kast, Tair, Courteous Service Over 60 years experience JHXX) 2441063 REORGANIZATION THRU BANKRUPTCY ROBERT MOTHERSHEAD P.Cfu ATTORNEYS 277-9895 I By Jean Novotny The Arizona Republic Harris IVaiik had such success with ils first store in the Phoenix area that executives of the spccially-ap-J paid chain accelerated plans for a second outlet. company's second store opened I Friday at Paradise Valley Mall, about three months after the opening of its store in Scottsdalc Fashion Square, Scottsdalc and Camclback roads. Fernando Lcmus, president of the Los Angclcs-bascd chain, said the company had been considering open- ing a store in Paradise Valley when it the Scottsdalc store. Hut a 'Commitment for a second store had rjiOt been made. economy in Phoenix has been in bad shape for one or two years and will be that way for five more years.

"If your economy is really in the bad shape everybody says it is in, and we're doing the kind of business we're doing, then we'll really do great when it turns around." Harris Frank sells fine clothing for men and women. Designer men's lines include Hugo Boss, Geoffrey Ikcnc, Perry Ellis and Valentino, and women's lines include Evan Picone, Jones New York and Bicci. Harris Frank has 22 stores, all of them in the West 17 in southern. California, three in Las Vegas and two in the Valley. When the Scottsdalc store was wcll-rcccivcd, however, executives at Harris Frank decided to push ahead with the Paradise Valley store.

Lcmus said the company eventually may open three or four more Valley stores. "We've done very well in Scottsdalc, and we want to grow," said Lcmus, a 20-year veteran of the retailing business. He also said the high sales volume at the Scottsdalc store seems to contradict things he had heard about the Valley's economy. "There arc lots of conflicting stories," he said. "Everyone has been saying the SOUTHWEST SAVINGS' CERTIFICATES OF DEPOSIT 1 YEAR CD vutm.

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