is cut off it can really impact their ability to get them to that good

is cut off, it can really impact their ability to get them to that good quarter,” Crump said.CREDIT = JOBS?The International Franchise Association estimated that every $1 million lent to franchise small businesses creates 34 jobs and $3.6 million in annual economic output. Kellwood stressed that it was continuing to supply itsretail customers and that the challenge faced by the profitablecompany was a debt maturity date issue, not an operationalone. Eric Hunter, the senior vice president of marketing forKellwood, called it “business as usual” with the company’sretail customers, stressing that Kellwood was profitable and”operationally well-run.” Hunter said he could not speculate on what would occur if adeal was not reached by the Wednesday deadline, expressingfrustration at Deutsche Bank, which he said did a “complete180″ while citing internal reasons for backing out. The failed deal involved an exchange of bonds for ones thatwould expire in 2014.

“It makes no sense,” Hunter said, speaking of DeutscheBank’s change of heart “They built the offer. They had givenus nothing but a thumbs up the entire time.” Kellwood hired Lazard (LAZ.N) a few months ago to assist inrestructuring its debt, Hunter said Deutsche Bank spokesman John Gallagher declined comment. Kellwood, which Sun Capital Partners took private in 2008,is looking at ways to strengthen its long-term financialposition as it continues to negotiate with bondholders, saidChief Executive Michael Kramer, who became CEO 10 months ago. “This comes at a time when Kellwood is performing well, isprofitable and has a positive cash flow,” said Kramer in astatement. LIMITED RETAIL IMPACT? Kellwood is a major supplier to department stores, whosesales have been in a major slump since last year as cautiousconsumers spend less in the recession. But analysts said department stores shelves would still bestocked even in a hypothetical scenario of Kellwood filing forChapter 11 bankruptcy protection “Whether or not Kellwood is in Chapter (11) …

or pursuingany reorganization, doesn’t alter the obligations on part ofthe retailers,” unless Kellwood doesn’t meet delivery schedulesor product quality does not meet contract requirements, saidCRT Capital Holding’s Leah Hartman. Hartman, a senior vice president and principal at thebrokerage and research firm, analyzes Macy’s (M.N), a majorKellwood customer. A spokeswoman with Bon-Ton Stores Inc (BONT.O), adepartment store chain that carries Kellwood clothing, said itwas “business as usual.” A JC Penney Co Inc (JCP.N) spokeswoman said commentingwould be “premature,” and Macy’s and Dillard’s Inc (DDS.N)declined to comment. Meanwhile, retailers protect themselves from becoming toodependent on any one vendor, said Robert Baird analyst ErikaMaschmeyer, who covers Kohl’s Corp (KSS.N), another Kellwoodcustomer. “Even if something were to happen with Kellwood, they’ve(Kohl’s) got more than enough new merchandise from vendors thatare in good, solid shape and their own private brands that theycould use to fill the hole,” Maschmeyer said.

(Reporting by Alexandria Sage; Additional reporting by BradDorfman in Chicago and Aarthi Sivaraman in New York; Editing byLisa Von Ahn, Gerald E McCormick, Leslie Gevirtz) Stocks Bonds France. Thursday July 16, 2009 – 3:00 P.M. EASTERN TIMETORONTO–(Business Wire)–You are invited to participate in a teleconference call to review CW MediaHoldings Inc.`s third quarter and first nine months financial results for the2009 fiscal year. CW Media Holdings Inc.`s Chief Financial Officer, Michael French will be joinedby CW Media Holdings Inc.`s President, Peter Viner.

Formal remarks will befollowed by a question and answer session. In order to participate in this call, you must be at least one of the followingand have made a declaration that has been approved: a) a holder of CW Media Holdings Inc.`s 13.5% Senior Notes due 2015 (the”Notes”); b) a prospective investor in the Notes; c) a security analyst analyzing investments in the Notes; or d) a market maker in the Notes. Media and parties who have not made a declaration confirming they fall under thecategories above may participate in a listen-only mode.The financial statements of CW Media Holdings Inc. will be made available on: Stream Webcast and PowerPoint Presentation will also be available at. If you wish to participate in the conference call, please note the call-innumbers that follow. All interested participants will need this number to accessthe teleconference.