SY SYMS

SY SYMS, an innovator in the cloth retailing industry and creator and chairman of the clothing chain SYMS Corp., passed away Tuesday, November 17. SY SYMS died because of the heart failure in New York at the age of 83.

He was a naissance board member of the SY SYMS School of Business at Yeshiva University and was also functioned on the Yeshiva University Board of Trustees. He donated more than $10 million to form the YU graduate business school.

He also established the SYMS off-price men’s wear out-let in 1960. He is famous for coming out in an advertisement for his business in which he states “An educated consumer is our best customer.”

He worked as CEO of SYMS Corp. until 1999, when he was followed by his daughter, Marcy. SYMS continued as the company’s chairperson until his death.

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