The American department store Stanley Korshak is bought by the Mitchells group

The department store opened in Dallas in 1986 by Texan billionaire Caroline Hunt, then bought by its manager Crawford Brock, has just been acquired by the American department store group Mitchells. This change of hands comes in the same month as the closure of its competitor, Neiman Marcus in downtown Dallas.

In 2013, it was named by Women’s Wear Daily as one of the 50 most influential men’s stores in America. Not to mention many other awards and distinctions…

The luxury retailer Stanley Korshak, based in Dallas, is changing hands again and joining the American luxury store group Mitchells, based in Connecticut.

Opened in 1986

The department store opened in 1986 in Dallas under the leadership of Texan Caroline Hunt. Shortly before, this wealthy oil heiress had purchased the rights to the Stanley Korshak brand, historically based in Chicago and facing serious difficulties. The Chicago unit had closed in 1990.

To continue reading this article, subscribe or log in to your account

Discover our plans

• Every day, keep up to date with the latest business news from the world of luxury.
• Receive the essential luxury business news by email every week
• Access all our events
• The Luxury Journals and Luxus Magazine in print and digital versions

Subscribe for 1€

Become an active member of the community of luxury leaders.

Read also > Saks swallows Neiman Marcus

Featured photos: Stanly Korshak © Wikicommons