Apparel

Feds Target Apparel-Industry Insider Trading Ring
December 9, 2013

For more than five years, Eric Martin made a habit of feeding material, non-public information about Carter’s, the Atlanta manufacturer of babies and children’s apparel, to hedge funds and a consultant who tipped off hedge funds.

As the director, and later, vice-president, of Carter’s investor relations department, Martin was in a good position to know about earnings results, a corporate merger and even a financial restatement, before the company publicly released the information. Even after Carter’s terminated Martin, he continued to get his hands on market-moving information about Carter’s and provided it to hedge fund investors.

SanMar Employees Raise Nearly $100,000 for Local Charities
December 5, 2013

Employees of SanMar, a leading industry supplier of apparel and accessories, raised over $96,000 in money, clothing and goods for seven charities. SanMarathon events, hosted at each of the company's seven distribution centers around the country and corporate office, allowed employees to run, walk or cheer their way to the final donation.

Fersten Worldwide Promotes Jonathan Epstein to Director of Sales
December 4, 2013

Fersten Worldwide, the Champlain, New York-based apparel supplier and exclusive licensee of FILA Golf, recently announced the promotion of Jonathan Epstein to director of sales. Epstein will be responsible for all internal and external sales staff for Fersten Worldwide/FILA across North America.

'Tis the Season for Giving at Charles River Apparel
November 25, 2013

Charles River Apparel is kicking off its third annual "'Tis the Season for Giving" campaign. The company is inviting savvy social media users to become fans of Charles River Apparel on Facebook. For every new 'like' it receives, they will donate a garment to the homeless. The campaign runs until December 31.

Gildan Stretches Apparel Mix, Wins Worldwide Rights to Camouflage ‘Lifestyle Brand’
November 22, 2013

Gildan Activewear Inc. is going full camo.

The Montreal-based manufacturer of T-shirts, socks, underwear and other basics says it has obtained the worldwide license for the Mossy Oak hunting camouflage wear brand.

The company, which announced record fourth-quarter results Thursday on robust growth in sales and lower cotton costs and also hiked its dividend 20 per cent, says it sees big potential in marketing Mossy Oak camouflage activewear, underwear and socks.

Hundreds Line Up for Gildan Job Openings
November 14, 2013

As the temperature fell and winds blew through the parking lot, hundreds of people lined up Tuesday afternoon to apply for jobs at Gildan.

The company held a "Job Fair" Tuesday, looking to fill roughly 170 positions over the next six months at its yarn-spinning plant off Heilig Road.

"It would mean everything to me," Patience Joaquim said, explaining that she had two children to support. "I need a job."

Joaquim has been out of work since June 1, 2012. What's it like trying to land a full-time job in this region?

Ash City Website Enhancements Now in Effect
November 13, 2013

Ash City, a leading promotional apparel supplier, recently announced some new enhancements to its website.

"The changes we have made to the website are all meant to make our distributors' lives much easier," said Sophia Santamaria, web and digital media strategy manager, Ash City.

HanesBrands to Complete Early Prepayment of All 8 Percent Senior Notes Due 2016
November 13, 2013

HanesBrands, a leading marketer of everyday basic apparel under world-class brands based in Winston-Salem, N.C., announced that it will use its strong cash position in December to complete its previously communicated goal to prepay all remaining 8 percent senior notes due 2016 and reduce bond debt to $1 billion.