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HARTMAX SALES DECLINE

 

Hartmarx Corporation , which manufactures and markets the Bobby Jones, Jack Nicklaus and Desert Classic golf lines, says that adverse sales trends at several of its major retail customers have led to a significant decline in its in-season fill-in business recently. The likely result will be a decline in sales and a disproportionate decline in earnings for the second half of 1999. In the third quarter, Hartmarx reported sales of $195.2 million and net earnings of $5.2 million.