8-K

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

      Date of Report (Date of earliest event reported): September 4, 2003


                                Paxar Corporation
             (Exact name of registrant as specified in its charter)

         New York                      1-9493                 13-5670050
(State or other jurisdiction        (Commission              (IRS Employer
    of incorporation)                File Number)          Identification No.)

         105 Corporate Park Drive
          White Plains, New York                            10604
    (Address of principal executive offices)              (Zip Code)

       Registrant's telephone number, including area code: (914) 697-6800

                                 Not Applicable
          (Former name or former address, if changed since last report)





Item 7. Financial Statements and Exhibits.

     (c) Exhibits.

     Exhibit 99.1 -- Paxar  Corporation  Press Release, issued
     September 4, 2003.

Item 9. Regulation FD Disclosure.

      On September 4, 2003, Paxar Corporation issued a press release announcing
its acquisition of the business and assets of Alkahn Labels, Inc. A copy of
Paxar's press release is attached to this report as Exhibit 99.1 and
incorporated by reference.






                                       1




                                   SIGNATURES

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                      PAXAR CORPORATION
                                      (Registrant)


Date: September 4, 2003             By:    /s/ Robert S. Stone
                                         ---------------------------------
                                           Robert S. Stone, Esq.
                                           Vice President, General Counsel
                                           and Secretary




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EX-99.1

                                                                    Exhibit 99.1



            News Release
- --------------------------------------------------------------------------------
[PAXAR LOGO]

           Paxar Corporation                    For additional
           105 Corporate Park Drive             information contact:
           White Plains, NY 10604               Bob Powers
           914.697.6800                         Vice President
                                                Investor Relations
                                                914.697.6862


For Immediate Release

                           PAXAR ACQUIRES THE BUSINESS
                             OF ALKAHN LABELS, INC.


WHITE PLAINS, NY, September 4, 2003 - Paxar Corporation (NYSE: PXR) today
announced that it has acquired the business and assets of Alkahn Labels, Inc.
("Alkahn"), including all of the equity of Alkahn-Hong Kong Limited, for $25
million plus the assumption of certain trade liabilities. Alkahn, which produces
woven labels at facilities in West Virginia, South Carolina and Hong Kong, had
sales in 2002 of approximately $45 million.

Mr. Arthur Hershaft, Chairman and Chief Executive Officer of Paxar, said,
"Alkahn is a company that has a long history and a great reputation as a leader
in the U.S. woven label business. This acquisition, which will afford many
synergies and cost reduction opportunities, is strategically significant in that
it will provide us with an exceptionally strong platform to grow our woven label
business. Woven labels are a critical part of Paxar's product offering because
they support the brand image for many of our customers."

Mr. Philip Kahn, President of Alkahn, said, "Paxar has established a very strong
global footprint that can provide woven labels everywhere the customer needs to
be supplied. In addition, Paxar's broad range of apparel identification and
tracking products will enhance the products and services presently sold by
Alkahn. As a result, I am confident that by becoming part of the Paxar family,
Alkahn will be able to deliver significantly greater value to our customers."

Mr. Max Kahn, Chairman and Chief Executive Officer of Alkahn, commented, "As we
evaluated our options, we realized that Alkahn would fit best as part of the
Paxar organization because we share the same customer-oriented, entrepreneurial
culture. I am pleased that Philip and his management team will play a
significant role in managing Paxar-Alkahn's U.S. woven label business."

                                     -more-



PAXAR-Page 2


Paxar is a global leader in providing innovative merchandising systems to
retailers and apparel manufacturers. Paxar's concept to checkout capabilities,
leadership in products and technology, global manufacturing operations,
worldwide distribution network and brand recognition are enabling the Company to
expand its competitive advantage and market share.


Statements in this release about the future outlook related to Paxar Corporation
involve a number of factors affecting the Company's businesses and operations,
which could cause actual future results to differ materially from those
contemplated by forward-looking statements. Forward-looking statements include
those indicated by words such as "project" and "expect." Affecting factors
include general economic conditions and the performance of the Company's
operations within its prevailing business markets around the world, as well as
other factors set forth in Paxar's 2002 Form 10-K Annual Report.




                          For more information on Paxar
                     call Investor Relations - 914.697.6862
                         or visit our Company's Web site
                                  www.paxar.com