Regan quits Hanover board

EDGEWATER, N.J. — Basil Regan has resigned from the Hanover Direct, Inc. board of directors, effective July 30.

As a result, Regan will not be standing for re-election at the company's Aug. 12 annual meeting of shareholders.

"The recently completed financing package provides the company with significant additional liquidity to grow its businesses," he stated. "With the company now focused on operational execution, it is appropriate for me to return my focus to other business commitments."

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Featured Video

  • The Countdown to the ICON Honors Continues featuring Christophe Pourny

    Camera Icon More Videos


HTT digital edition

See the May 2017 issue of Home & Textiles Today. In this issue, we discuss our annual Market Basket survey, which finds higher prices and more polyester at leading retailers. See details!