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Tommy Bahama Owner Offered This Explanation for Ditching Lanier Apparel

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Tommy Bahama parent Oxford Industries Inc. said it’s winding down the legacy Lanier Apparel group. In a Nutshell: Reporting third-quarter earnings Wednesday for fiscal 2020, Oxford said its exit from the Lanier Apparel business should be completed in the second half of fiscal 2021, or sometime between August 2021 and January 2022.  The wind down…

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