Virginia Dare Dresses, Incorporated

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Virginia Dare Dresses, Incorporated operated a chain of retail stores in New York City. Based at 462 7th Avenue (Manhattan), the company became a casualty of the Great Depression. In March 1933, it went into receivership, with a court-appointed receiver being named.[1] In October 1934, the business emerged from financial difficulty and leased 10,000 square feet (930 m2) of space in the Penn Terminal Building at 370 7th Avenue. Philip Wise, another women's wear chain, and Wheelan Studios, rented property in the same building. The re-emergent organization was known as Virginia Dare Stores, Inc.[2] It is important for having survived in a turbulent economic time in United States history.

Change of name and merger

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