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{{Use mdy dates|date=December 2019}}
{{Use mdy dates|date=December 2019}}
{{Infobox company
⚫
[[File:Gorham 390 5th jeh.JPG|thumb|[[390 Fifth Avenue]], later Russeks, in 2009]]
| name = Russeks
| logo =
| logo_size =
| logo_upright = <!-- default: 1 -->
| logo_alt =
| logo_caption =
| image = Gorham 390 5th jeh.JPG
| image_size =
| image_upright = <!-- default: 1 -->
| image_alt =
⚫
| image_caption = [[390 Fifth Avenue]], later Russeks, in 2009
| trade_name =
| romanized_name =
| former_name =
| type =
| traded_as =
| ISIN = <!-- {{ISIN|sl=n|pl=y|...}} -->
| industry = [[Retail]]
| genre =
| predecessor = <!-- or: predecessors = -->
| founded = {{Start date and age|1886}} in New York City, United States
| founders = [[Frank Russek]] and Isidore H. Russek
| defunct = <!-- {{End date|YYYY|MM|DD}} -->
| fate =
| successor = <!-- or: successors = -->
| hq_location =
| hq_location_city = New York City
| hq_location_country = United States
| num_locations =
| num_locations_year = <!-- Year of num_locations data (if known) -->
| area_served = <!-- or: areas_served = -->
| key_people =
| products =
| production =
| production_year = <!-- Year of production data (if known) -->
| brands =
| services =
| revenue =
| revenue_year = <!-- Year of revenue data (if known) -->
| operating_income =
| income_year = <!-- Year of operating_income data (if known) -->
| net_income = <!-- or: profit = -->
| net_income_year = <!-- or: profit_year = --><!-- Year of net_income/profit data (if known) -->
| aum = <!-- Only for financial-service companies -->
| assets =
| assets_year = <!-- Year of assets data (if known) -->
| equity =
| equity_year = <!-- Year of equity data (if known) -->
| owner = <!-- or: owners = -->
| members =
| members_year = <!-- Year of members data (if known) -->
| num_employees =
| num_employees_year = <!-- Year of num_employees data (if known) -->
| parent =
| divisions =
| subsid =
| module = <!-- Used to embed other templates -->
| ratio = <!-- Basel III ratio; used for banks only -->
| rating = <!-- Credit rating; used for banks only -->
| website = <!-- {{URL|example.com}} -->
| footnotes =
| embed =
}}
[[File:Fifth Avenue, West 36th St., New York 1911.jpg|thumb|390 Fifth Avenue (at left) in 1911 - the lower floors were changed after Russeks moved out]]
[[File:Fifth Avenue, West 36th St., New York 1911.jpg|thumb|390 Fifth Avenue (at left) in 1911 - the lower floors were changed after Russeks moved out]]


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==History==
==History==


The Russeks as a fur family dated back to prior to 1823.<ref name=sold/>
The Russeks as a fur family dated back to prior to 1823.<ref name=sold/> The company was co-founded in 1901 by brothers [[Frank Russek]] and Isidore H. Russek, and became Russeks Fifth Avenue, Inc.<ref name="leagle.com">{{cite web|url=https://www.leagle.com/decision/196114320abtcm1231116|title=ESTATE OF RUSSEK v. COMMISSIONER - 20 T.C.M. 123 (1961) - btcm1231116 |author=|date=|website=Leagle|accessdate=May 3, 2019}}</ref><ref name=sold>[https://timesmachine.nytimes.com/timesmachine/1923/11/02/106016403.html?pageNumber=30 "GORHAM BUILDING SOLD,"] ''The New York Times''.</ref>


Russeks started as a furrier in [[Manhattan]] in New York City, founded in 1886 and opened in 1901 at [[19th Street (Manhattan)|19th Street]] and [[Sixth Avenue]] in Manhattan with less than $1,000 (${{formatnum:{{Inflation|US|1000|1901|r=-3}}}} in current dollar terms) in capital, starting with [[Muff (handwarmer)|muff]]s and [[fur scarf]]s, and expanded into luxury clothing and accessories.<ref name=ope/><ref>{{cite web|url=https://serstyle.com/faded-beauty-russeks-department-store-little-history-left/|title=Faded Beauty: Russeks Department Store the Little History Left|author=|date=September 5, 2017|website=serstyle.com|accessdate=May 3, 2019}}</ref><ref name=sold/> In 1905 they moved to [[23rd Street (Manhattan)|23rd Street]], in 1911 they moved to [[34th Street (Manhattan)|34th Street]] between [[Fifth Avenue]] and Sixth Avenue, and in 1913 they moved to 362 Fifth Avenue.<ref name=sold/>
Russeks started as a furrier in [[Manhattan]] in New York City, co-founded in 1886 by brothers [[Frank Russek]] and Isidore H. Russek, and opened in 1901 at [[19th Street (Manhattan)|19th Street]] and [[Sixth Avenue]] in Manhattan with less than $1,000 (${{formatnum:{{Inflation|US|1000|1901|r=-3}}}} in current dollar terms) in capital, starting with [[Muff (handwarmer)|muff]]s and [[fur scarf]]s, and expanded into luxury clothing and accessories, and became Russeks Fifth Avenue, Inc.<ref name="leagle.com">{{cite web|url=https://www.leagle.com/decision/196114320abtcm1231116|title=ESTATE OF RUSSEK v. COMMISSIONER - 20 T.C.M. 123 (1961) - btcm1231116 |author=|date=|website=Leagle|accessdate=May 3, 2019}}</ref><ref name=sold>[https://timesmachine.nytimes.com/timesmachine/1923/11/02/106016403.html?pageNumber=30 "GORHAM BUILDING SOLD,"] ''The New York Times''.</ref><ref name=ope/><ref>{{cite web|url=https://serstyle.com/faded-beauty-russeks-department-store-little-history-left/|title=Faded Beauty: Russeks Department Store the Little History Left|author=|date=September 5, 2017|website=serstyle.com|accessdate=May 3, 2019}}</ref>
In 1905 they moved to [[23rd Street (Manhattan)|23rd Street]], in 1911 they moved to [[34th Street (Manhattan)|34th Street]] between [[Fifth Avenue]] and Sixth Avenue, and in 1913 they moved to 362 Fifth Avenue.<ref name=sold/>


In September 1924, they opened a women's apparel department store on the eight floors of [[390 Fifth Avenue]] and West 36th Street in Manhattan, selling among other items [[frock]]s, [[Wrap (clothing)|wrap]]s, hats, dress accessories, [[ermine]]s, Russian [[sable]]s, dresses, gowns, coats, ensemble suits, [[tailored suit]]s, and shoes, including new fashions from Paris.<ref name=ope>[https://timesmachine.nytimes.com/timesmachine/1924/09/26/104263801.html?pageNumber=44 "RUSSEKS OPEN NEW STORE ON FIFTH AV.,"] ''The New York Times''.</ref><ref>{{cite web|url=https://www.metmuseum.org/art/collection/search/756808 |title=Data |publisher=www.metmuseum.org |date= |accessdate=2019-12-23}}</ref><ref name="NYT 1959">{{cite news |title=RUSSEKS TO CLOSE FIFTH AVE. STORE; 5 Years' Losses Reported -Shops Will Continue in Hotel and Suburbs |url=https://www.nytimes.com/1959/02/26/archives/russeks-to-close-fifth-ave-store-5-years-losses-reported-shops-will.html |accessdate=May 3, 2019 |work=New York Times |date=February 26, 1959}}</ref> This was 390 Fifth Avenue, designed by [[Stanford White]] of [[McKim, Mead & White]], and completed in 1904-05 for the [[Gorham Manufacturing Company]].<ref name="NYT 2000">{{cite news |last1=Gray |first1=Christopher |title=Streetscapes/The 1905 Gorham Building, at Fifth Avenue and 36th Street; Recreating a Stanford White Design -- Using Paint |url=https://www.nytimes.com/2000/10/22/realestate/streetscapes-1905-gorham-building-fifth-avenue-36th-street-recreating-stanford.html |accessdate=May 3, 2019 |work=New York Times |date=October 22, 2000}}</ref>
In September 1924, they opened a women's apparel department store on the eight floors of [[390 Fifth Avenue]] and West 36th Street in Manhattan, selling among other items [[frock]]s, [[Wrap (clothing)|wrap]]s, hats, dress accessories, [[ermine]]s, Russian [[sable]]s, dresses, gowns, coats, ensemble suits, [[tailored suit]]s, and shoes, including new fashions from Paris.<ref name=ope>[https://timesmachine.nytimes.com/timesmachine/1924/09/26/104263801.html?pageNumber=44 "RUSSEKS OPEN NEW STORE ON FIFTH AV.,"] ''The New York Times''.</ref><ref>{{cite web|url=https://www.metmuseum.org/art/collection/search/756808 |title=Data |publisher=www.metmuseum.org |date= |accessdate=2019-12-23}}</ref><ref name="NYT 1959">{{cite news |title=RUSSEKS TO CLOSE FIFTH AVE. STORE; 5 Years' Losses Reported -Shops Will Continue in Hotel and Suburbs |url=https://www.nytimes.com/1959/02/26/archives/russeks-to-close-fifth-ave-store-5-years-losses-reported-shops-will.html |accessdate=May 3, 2019 |work=New York Times |date=February 26, 1959}}</ref> This was 390 Fifth Avenue, designed by [[Stanford White]] of [[McKim, Mead & White]], and completed in 1904-05 for the [[Gorham Manufacturing Company]].<ref name="NYT 2000">{{cite news |last1=Gray |first1=Christopher |title=Streetscapes/The 1905 Gorham Building, at Fifth Avenue and 36th Street; Recreating a Stanford White Design -- Using Paint |url=https://www.nytimes.com/2000/10/22/realestate/streetscapes-1905-gorham-building-fifth-avenue-36th-street-recreating-stanford.html |accessdate=May 3, 2019 |work=New York Times |date=October 22, 2000}}</ref>
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[[Category:Department store buildings]]
[[Category:Department store buildings]]
[[Category:Companies based in New York City]]
[[Category:Companies based in New York City]]
[[Category:Retail companies established in 1886]]
[[Category:Russek family]]
[[Category:Russek family]]

Revision as of 18:34, 8 February 2025

390 Fifth Avenue (at left) in 1911 - the lower floors were changed after Russeks moved out

Russeks was a department store at 390 Fifth Avenue, at the intersection with West 36th Street, in Midtown Manhattan, New York City, a building also known as the Gorham Building.

History

The Russeks as a fur family dated back to prior to 1823.[1]

Russeks started as a furrier in Manhattan in New York City, co-founded in 1886 by brothers Frank Russek and Isidore H. Russek, and opened in 1901 at 19th Street and Sixth Avenue in Manhattan with less than $1,000 ($38,000 in current dollar terms) in capital, starting with muffs and fur scarfs, and expanded into luxury clothing and accessories, and became Russeks Fifth Avenue, Inc.[2][1][3][4]

In 1905 they moved to 23rd Street, in 1911 they moved to 34th Street between Fifth Avenue and Sixth Avenue, and in 1913 they moved to 362 Fifth Avenue.[1]

In September 1924, they opened a women's apparel department store on the eight floors of 390 Fifth Avenue and West 36th Street in Manhattan, selling among other items frocks, wraps, hats, dress accessories, ermines, Russian sables, dresses, gowns, coats, ensemble suits, tailored suits, and shoes, including new fashions from Paris.[3][5][6] This was 390 Fifth Avenue, designed by Stanford White of McKim, Mead & White, and completed in 1904-05 for the Gorham Manufacturing Company.[7]

In 1928, net profits of the store were $357,000 ($6,537,000 in current dollar terms).[8] In 1933, the store adopted a new policy, under which it would be devoted solely to furs and ready-to-wear items.[9]

In the 1940s (at least), they had a department store in Detroit, Michigan.[10][11]

After arriving in the United States from Europe after World War 2 in 1949, Holocaust survivor Marion Wiesel worked at the department store as a salesperson.[12]

In February 1959, the company announced the closure of their Fifth Avenue store, after five years of losses, but said they would continue to operate in hotel and suburban locations.[6] In 1960, the new owner, Spear Securities, remodelled the exterior of the lower floors.[7]

References

  1. ^ a b c "GORHAM BUILDING SOLD," The New York Times.
  2. ^ "ESTATE OF RUSSEK v. COMMISSIONER - 20 T.C.M. 123 (1961) - btcm1231116". Leagle. Retrieved May 3, 2019.
  3. ^ a b "RUSSEKS OPEN NEW STORE ON FIFTH AV.," The New York Times.
  4. ^ "Faded Beauty: Russeks Department Store the Little History Left". serstyle.com. September 5, 2017. Retrieved May 3, 2019.
  5. ^ "Data". www.metmuseum.org. Retrieved December 23, 2019.
  6. ^ a b "RUSSEKS TO CLOSE FIFTH AVE. STORE; 5 Years' Losses Reported -Shops Will Continue in Hotel and Suburbs". New York Times. February 26, 1959. Retrieved May 3, 2019.
  7. ^ a b Gray, Christopher (October 22, 2000). "Streetscapes/The 1905 Gorham Building, at Fifth Avenue and 36th Street; Recreating a Stanford White Design -- Using Paint". New York Times. Retrieved May 3, 2019.
  8. ^ "NEW STOCK ISSUES.; Corporation Shares to Be Offered to the Public for Subscription. Russeks Fifth Avenue. Abolishes Founders Shares," The New York Times.
  9. ^ "RUSSEKS TO MARK 36TH YEAR TODAY," The New York Times.
  10. ^ "1982.144.097 - Print, Photographic". detroithistorical.pastperfectonline.com.
  11. ^ "Russeks". detroithistorical.pastperfectonline.com.
  12. ^ "Marion Wiesel - Social Justice Warrior," WIZO, February 10, 2021.
Allikas: https://en.wikipedia.org/wiki/Special%3ADiff/1274687227
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