Carole Little Inc. withdrew a public offering.

Leonard Rabinowitz, chairman and chief executive, said the apparel maker withdrew the offering after refusing to go along with a reduction in the per-share price that was proposed by underwriter Morgan Stanley. In late October, the Los Angeles-based company proposed an offering of 1.12 million shares that was expected to be priced at $12 to $14 each. Rabinowitz said that Morgan Stanley asked at the last moment for the price to be lowered to about $10 but that he declined.