#Trending in Men's Apparel More Men's Apparel › #Trending in Women's Apparel More Women's Apparel › #Trending in Men's Footwear More Men's Footwear › #Trending in Women's Footwear More Women's Footwear › is added to your shopping cart. is added to your wish list. Continue ShoppingGo To CartGo To WishlistFind great things to doV.I.M. Jeans & Sneaker Store 1Log in to leave a tip here.1is added to your shopping cart. Continue ShoppingGo To CartGo To Wishlist Yelp users haven’t asked any questions yet about Vim. The city's best sneaker and jeans super store. We carry top brands such as Nike, Puma, Adidas, Timberland, Fila, New Balance, Reebok, Skechers, Levi's and more. Stop in at anyone of our 32 NY/NJ locations for the best prices today! Other Men's Clothing Nearby "My favorite store in NYC! They carry the latest trends and just about every single brand you are looking for including high-end, their selection is the best hands down!!.
There's a cool hidden back room with…" "I happened to discover this place after trying a few stores where the off the rack shirts did not fit my college wrestler son. We buzzed the store at 6 pm on a Saturday with no appointment (recommended).…"What does the "V.I.M." in the name "V.I.M. Jean and Sneaker Store" mean? "V.I.M." in the name of the V.I.M. Jean and Sneaker Store does not have a specific meaning. When brothers Joe, Ralph and Avi Nakash started the store, they bought an appliance store in Brooklyn which boasted a sign stating "V.I.M.," which was the source of the new store's name. How can you purchase shoes from Flight Club? What side is the Converse logo on? Where online can you learn how to customize Jordans? Because the Nakashes were unable to afford to replace the appliance store sign when they started their business in 1968, they used its name as the name of their clothing store. Although the Jordache jeans company, which the Nakashes own, sold the V.I.M. line of stores in the 1980s, the stores still exist in the area around New York City.
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What are some ways to return shoes purchased online? How do you change your name on your driver's license after you get married? Joseph Nakash (born 1942) is an American businessman, real estate investor, and co-founder of Jordache Enterprises, while being a great grandfather. Nakash was born to a Syrian Jewish family in Tel-Aviv, Israel.[1] In 1962, he immigrated to New York City[1] where he worked as a stock boy and saved enough money to bring his brothers Raphael (Ralph) and Abraham (Avi) to the United States in 1966. In 1974, pooling their $20,000 in savings, they purchased an appliance store called V.I.M. and opened a retail store in Bushwick, Brooklyn selling irregular jeans latching onto the newfound popularity of designer jeans.[3] By 1978, they had four stores[2] and after their largest store was burned during the New York City blackout of 1977, they took the $120,000 policy settlement and started to manufacture their own brand of upscale jeans under the Jordache label.
[4] A successful advertising campaign funded with $300,000 of their own money and $250,000 from Israel's Bank Leumi[2] made the brand a resounding success with teenage girls[4] with Brooke Shields serving as the company’s in-house model.[4] In 1979, Jordache had $72 million in sales.[5] In 1981, they started licensing the brand which added $100 million to their $200 million a year in wholesale revenue for its jeans and expanded their line to include children's clothing, makeup, handbags and suitcases.[4] In 1983, revenues grew to $400 million and they founded Yama Maritime Inc. which owned eight cargo ships. In 1983, they acquired a 50% stake in Guess Jeans[4] from the Marciano Brothers (Paul, Georges, Armand and Maurice) of Los Angeles.[4] The joint venture soured[6] and in 1989, a California superior court jury found that the Nakashes had fraudulently lured the Marcianos into the transaction.[3] In 1990, the Nakash brothers settled for $66 million of $106 million escrowed profits and the ownership of the brand name “Gasoline” while the Marciano brothers received the brand “Diesel.”
[7] In the 1990s, the Jordache brand lost some of its luster due to new competition[4] and in 1995, they took the brand down market and started selling Jordache jeans at the discount chain Wal-Mart while higher end retailers such as Macy's dropped the brand.[3] Their efforts were successful and in the first year with Wal-Mart, they sold $100 million in jeans which made up 30% of Jordache Enterprises total sales.[3] They then moved into contract manufacturing - making jeans and clothing for Tommy Hilfiger, the Gap, American Eagle, and Abercrombie & Fitch. Using profits from their apparel business, they diversified and started investing in banking and real estate primarily in New York, Miami, New Jersey and Israel.[4] Nakash also purchased Arkia, a money-losing discount airline flying between Israel and Europe which they returned to profitability.[4] In 2004, they brothers purchased AMPA Real Estate of Israel and expanded into the purchase of hotels and development of residential projects in Israel.
[8] They own the Park Plaza Orchid Hotel in Tel Aviv and the Kineret Orchid Vacation Resort on the Sea of Galilee. In 2006, they invested in Israeli agriculture establishing an oil press for $2 million in partnership with Kibbutz Revivim which produces olive oil under the Halutza brand; the Nakashes have invested about $5.5 million in olive groves, olive oil production, and vineyards.[4] In 2013, via their investment company Nakash Holdings, they purchased a $100 million office building in Washington, D.C.[5] In 2013, they purchased the Versace Mansion in Miami Beach with Eli Gindi (of the Gindi family which founded the Century 21 department store)[9] where the Nakashes own five hotels.[11] In April 2013, they purchased for $105 million[11] - via their shipping company Papo Shipping Company - the exclusive right to operate the Port of Eilat in Israel[5] for 15 years.[11] In April 2013, he and his brothers purchased the Isrotel Tower in Tel Aviv for $150 million. Nakash is married and practices Judaism.
[5] He is considered the patriarch of the Nakash family.[5] His son Steve Nakash works in the family business.[3] Nakash is a founding member of the Sephardic Community Alliance. ^ a b The Real Deal: "Clans with plans" By Adam Pincus February 01, 2011 ^ a b c d People: "Topless Ads Mean Bottomless Riches for the Three Israeli Brothers Behind Jordache Jeans" By Anna Stewart December 3, 1979 ^ a b c d e f BusinessWeek: "Whatever Happened to Jordache?" By Matthew Boyle and Lauren Coleman-Lochner July 26, 2012 ^ a b c d e f g h i j k l m "The Nakash Bros. – small clothes shop transformed into $2 billion empire" By Yehudit Haspel Ben-Dak, Jewish Business News, February 20, 2013 ^ a b c d e f Jewish Voice: "Nakash Bros. Purchase of $100M D.C. Building Sheds Light on Vast Jordache Expansion" By Boruch Shubert April 4, 2013 ^ New York Times: "WHEN THE HONEYMOON ENDED" by LISA BELKIN May 1, 1986"Jordache Enterprises, Inc. History" retrieved January 12, 2013 ^ Hareetz: "Nakash brothers buy Leumi New York HQ - Jordache owners join U.S. investor in $100 million purchase" By Michael Rochvarger September 30, 2013