This time we are looking on the crossword clue for: Premium clothing company.
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Possible Answers: IZOD.
Random information on the term “IZOD”:
Izod Lacoste was a brand name of sportswear licensed to Izod by Lacoste from 1952-1993.
In 1953, David Crystal, the owner of Izod and Haymaker, bought 50% of the rights to market Lacoste in America. The “Izod” and “Haymaker” brands were already established there. “Lacoste” was added to enhance the brands’ prestige and introduce the name to American markets. The resulting union of the two companies was the piqué polo/tennis shirt. When the shirts began to sell well, Crystal decided to keep the combined names. The brand hit its peak popularity in the late ’70s and early ’80s when the “preppy” look became mainstream, with many nationwide department stores featuring separate “Izod/Lacoste” shops, with jackets, sweaters and a wide variety of other apparel. During this period annual sales reached $150 million for the shirts alone.
The “preppy” trend cooled in the late 1980s and the brand became overexposed. The market was also saturated with knock-off replicas. The name was split in the early 1990s when Crystal sought to expand company sales. Lacoste moved upmarket in an attempt to recapture its “elite” status. Meanwhile, Izod was re-introduced as mid-range apparel. While this tactic worked for a short period, it could not support Crystal’s company, which was heavily in debt due to poor investments in other brands such as Salty Dog, and Gant. The marketing license was ended in the mid-1990s after his company became too financially burdened. In 1993, he sold his 50% share of Lacoste to Sportloisirs S.A. (who originally marketed the shirt in France). When the company folded shortly thereafter, Izod was sold to the shirtmaker Van Heusen.