Switcheroo

Europe has grown used to having the U.S. copy its fashions. But Manhattan's Henry Rosenfeld, the shopgirl's Jacques Fath, last week turned the tables. He signed a deal with Count Aldo Borletti, Italian clothing manufacturer and owner of a 50-store department-store chain, to sell him 500 models a year to copy. Borletti, who figured he could sell $2,000,000 a year of Rosenfeld styles the first year, agreed to pay Rosenfeld some $50,000 for copying rights, plus royalties up to 10% on all dresses sold.

This file is automatically generated by a robot program, so reader's discretion is required.