TITLE

Pillowtex done in by aggressive growth

AUTHOR(S)
Hogsett, Don
PUB. DATE
November 2000
SOURCE
Home Textiles Today;11/20/2000, Vol. 22 Issue 12, p23
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Cites the factors behind the decline in the performance of Pillowtex. Acquisition of companies since the 1970s; Attempt in 1993 to venture into the blanket business; Acquisition of Beacon Mfg. in 1995; Decline in value of the company.
ACCESSION #
3944881

 

Related Articles

  • Countdown to Pillowtex sell-off. Felgner, Brent // Home Textiles Today;8/11/2003, Vol. 24 Issue 46, p2 

    Details the preparation for the bankruptcy process of Pillowtex Corp. in the U.S. Possibility of adopting an asset purchase agreement with GGST LLC; Amount of finished goods shipped or sold off; Requirements for interested bidders.

  • Pillowtex to acquire Fieldcrest Cannon.  // Colourage;May98, Vol. 45 Issue 5, p64 

    Reports on Pillowtex Corp.'s acquisition of Fieldcrest Cannon Inc.

  • Pillowtex to Acquire Fieldcrest. Clune, Ray // DNR: Daily News Record;9/15/97, Vol. 27 Issue 111, preceding p1 

    The article offers information on the merger of Pillowtex Corp., and Fieldcrest Cannon Inc. in Kannapolis, North Carolina.

  • A powerhouse deal that may never see day.  // Home Textiles Today;5/12/2003, Vol. 24 Issue 35, p1 

    Reports on the implications of the possible merger between home textiles companies Springs Industries Inc. and Pillowtex Corp. in the U.S. Company background; Benefits of the merger for both companies; Home fashion sales forecast of Springs.

  • Sale OK'd, the waiting begins. Felgner, Brent // Home Textiles Today;10/13/2003, Vol. 25 Issue 7, p1 

    Reports on the acquisition of the textile firm Pillowtex Corp. by GGST LLC in Delaware. Brands of Pillowtex; Total value of the assets of Pillowtex; Approval of the winning bid by the bankruptcy court.

  • Union moves to scuttle P'tex deal. Hogsett, Don // Home Textiles Today;5/12/2003, Vol. 24 Issue 35, p1 

    Reports on efforts of a textile worker's union to block the much-discussed sale of Pillowtex Corp. to Springs Industries Inc,, a move that would likely trigger the shutdown of Pillowtex's Kannapolis, North Carolina manufacturing complex. Anticipation of a loss of more jobs and the absorption of...

  • Politics may succeed where Stockman didn't. Hogsett, Don // Home Textiles Today;5/12/2003, Vol. 24 Issue 35, p6 

    Reports that a textile worker's union is threatening to block a deal that would create a textiles industry powerhouse in the U.S. Efforts of members of the textile worker's union to stop Springs Industries Inc.'s pending buyout of Pillowtex Corp.; Plan of union president Bruce Raynor to...

  • The best laid plans... Marks, Jennifer // Home Textiles Today;5/12/2003, Vol. 24 Issue 35, p12 

    Comments on the implications of the pending acquisition of Pillowtex Corp. by Springs Industries Inc. for the home textiles industry in the U.S. Efforts of the Union of Needletrades, Industrial and Textile Employees to block the possible merger of the two companies; Interest of the trade union...

  • Regional Report CHARLOTTE.  // Business North Carolina;Sep2003, Vol. 23 Issue 9, p19 

    Presents updates on several business enterprises in Charlotte, North Carolina, as of September 2003. Shutdown of the manufacturing and distribution operations of Pillowtex in July 2003; Acquisition of Baker & Taylor by Willis Stein & Partners; Agreement signed by Unisource Health and WellPath.

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