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March/April 2014 March/April 2014

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Events

Understanding The U.S. Government Lists Of Products Believed To Be Made With Forced Or Child Labor webinar
04/22/2014 - 04/22/2014

12th International Exhibition on Textile Industry (Indo Intertex 2014)
04/23/2014 - 04/26/2014

Smart Fabrics & Wearable Technology 2014
04/23/2014 - 04/25/2014

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WestPoint Stevens Announces Further Restructuring

WestPoint Stevens AnnouncesFurther RestructuringWestPoint Stevens Inc., West Point, Ga., has initiated new restructuring measures to improve profitability and cash flow. As a result, the company expects annual pre-tax savings of $10 million.[F]urther rationalization of our towel operations will free up capacity to support our expanding Basic Bedding Division. We are also streamlining our Retail Stores Division, closing non-performing stores, said M.L. Chip Fontenot, president and COO. November 2002




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