TITLE

Banks squawk; reorg plan in do-over

PUB. DATE
October 2003
SOURCE
Home Textiles Today;10/20/2003, Vol. 25 Issue 8, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the reorganization plans of the textile firm WestPoint Stevens Inc. in West Point, Georgia. Efforts of the company to emerge from bankruptcy; Role of Lorraine Miller in the company; Failure of the original reorganization plan of the firm.
ACCESSION #
11142890

 

Related Articles

  • Agenda 2002.  // Home Textiles Today;1/14/2002, Vol. 23 Issue 19, p12 

    Reports developments in textile industry in the United States as of January 14, 2002. Reorganization of West Point Stevens; Management of JCPenny; Business planning of Springs.

  • WPS to Emerge in March. Marks, Jennifer // Home Textiles Today;1/24/2005, Vol. 26 Issue 20, p1 

    Reports on the plan of Westpoint Stevens Inc. for a corporate reorganization in West Point, Georgia. Terms of the debt-for-equity swap plan; Exception of exit financing to cover working capital needs; Projection of the plan for a revenue decline. INSET: The Plan At A Glance.

  • WPS plans three new divisions. McCurry, John // Textile World;Dec97, Vol. 147 Issue 12, p22 

    Reports that WestPoint Stevens (WPS) has planned to create three separate divisions aimed at strengthening sales and marketing functions. Remarks of Thomas J. Ward, president and chief operating officer of WPS, on the plans; Corporate executives who will take charge of the divisions.

  • Restructuring not well-received on St. Hogsett, Don // Home Textiles Today;9/23/2002, Vol. 24 Issue 4, p1 

    Reports on the reaction of Wall Street to the restructuring plans of WestPoint Stevens in the U.S. Decline of company share after the announcement; Plans of the firm to reduce terry capacity; Projected pre-tax restructuring charge to be recorded.

  • WestPoint Stevens To Close Plants, Files Reorganization plan. Rodie, Janet Bealer // Textile World;Feb2005, Vol. 155 Issue 2, p10 

    This article reports that citing the removal of quotas on textiles from low-wage countries and the need to balance domestic manufacturing with sourcing from abroad, WestPoint Stevens Inc., West Point, Georgia, announced it will realign and consolidate its Bed Products manufacturing capacity and...

  • Something strange is in the air. Marks, Jennifer // Home Textiles Today;2/9/2004, Vol. 25 Issue 22, p12 

    Focuses on the Mini-market in the textile industry in New York. Uncertainty through the under-populated showrooms; Question on the reorganization of WestPoint Stevens Inc.; Prediction of an executive for a sales decline.

  • WPS Ready to Flex New Muscles. Felgner, Brent // Home Textiles Today;7/11/2005, Vol. 26 Issue 42, p1 

    Reports on the recovery of WestPoint Stevens Inc. from Chapter 11 bankruptcy in New York. Acquisition of the company by entrepreneur Carl Icahn; Total amount paid to debt holders in cash and stock; Statement of Icahn regarding the capital of the company.

  • WPS: new spins on grand brands. Corral, Cecile B. // Home Textiles Today;4/7/2003, Vol. 24 Issue 30, p2 

    Reports on WestPoint Stevens' Grand Patrician and Martex brands. Introduction of bath and bedding categories; Description of the products of the company.

  • Against the tide, WPS sees 4th qtr. progress. Hogsett, Don // Home Textiles Today;2/17/2003, Vol. 24 Issue 23, p1 

    Reports on the increase in the sales of home textile supplier, WestPoint Stevens Inc., for the fourth quarter of 2002. Loss recorded by the company; Impact of Kmart's bankruptcy on the profits of WestPoint.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics