[Federal Register Volume 59, Number 184 (Friday, September 23, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-23580]


[[Page Unknown]]

[Federal Register: September 23, 1994]


-----------------------------------------------------------------------

FEDERAL TRADE COMMISSION
[Docket C-3523]

 

Kiwi Brands Inc., et al.; Prohibited Trade Practices, and 
Affirmative Corrective Actions

AGENCY: Federal Trade Commission.

ACTION: Consent Order.

-----------------------------------------------------------------------

SUMMARY: In settlement of alleged violations of federal law prohibiting 
unfair acts and practices and unfair methods of competition, this 
consent order requires, among other things, Kiwi Brands Inc., a 
subsidiary of Sara Lee Corporation, to divest its Esquire and Griffin 
brands of shoe care products and related assets: to Hickory Industries, 
within one month of the date the order becomes final; or to a 
Commission approved acquirer, within twelve months of the date the 
order becomes final. If the sale is not accomplished within the 
specified time, the Commission would be entitled to appoint a trustee 
to sell the assets to a Commission approved acquirer in a manner 
approved by the Commission. In addition, for a period of ten years, the 
respondents are required to obtain prior Commission approval before 
acquiring any stocks or assets of any entity engaged in chemical shoe 
care products.

DATES: Complaint and Order issued August 24, 1994.\1\

    \1\Copies of the Complaint and the Decision and Order are 
available from the Commission's Public Reference Branch, H-130, 6th 
Street & Pennsylvania Avenue, N.W., Washington, D.C. 20580.
---------------------------------------------------------------------------

FOR FURTHER INFORMATION CONTACT: Howard Morse, FTC/S-3627, Washington, 
D.C. 20580, (202) 326-2949.

SUPPLEMENTARY INFORMATION: On Wednesday, July 13, 1994, there was 
published in the Federal Register, 59 FR 35730, a proposed consent 
agreement with analysis in the matter of Kiwi Brands Inc., et al., for 
the purpose of soliciting public comment. Interested parties were given 
sixty (60) days in which to submit comments, suggestions or objections 
regarding the proposed form of the order.
    No comments having been received, the Commission has ordered the 
issuance of the complaint in the form contemplated by the agreement, 
made its jurisdictional findings and entered an order to divest, as set 
forth in the proposed consent agreement, in disposition of this 
proceeding.

(Sec. 6, 38 Stat. 721; 15 U.S.C. 46. Interpret or apply sec. 5, 38 
Stat. 719, as amended; sec. 7, 38 Stat. 731, as amended; 15 U.S.C. 
45, 18).
Benjamin I. Berman,
Acting Secretary.
[FR Doc. 94-23580 Filed 9-22-94; 8:45 am]
BILLING CODE 6750-01-M