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Home > Company Index > Consumer Products-Non-Durables  > Apparel Clothing > Fruit of the Loom, Ltd.

Fruit of the Loom, Ltd.
OTC: FTLAQ
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 NEWS FROM THE STANDARD
Startup U.
Feb 14 2000 12:00 AM PST

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 PROFILE
Fruit of the Loom hopes to see peachier results after paring down its operations. To cut costs, Fruit of the Loom has been closing a number of US plants and increasing operations in cheaper operating areas, mainly Latin America. In addition to its namesake apparel, the company's products include underwear, activewear, casual wear, and children's wear sold under such brand names as BVD and Underoos (character underwear for kids). The company has licensing agreements with Warner Bros. and Lucasfilm, among others, to market apparel bearing their characters and trademarks. After years of depressed earnings, Fruit of the Loom has reorganized under Chapter 11. It sold its Gitano jeans maker to VF Corporation.

 COMPETITION
Russell Corporation (RML)
Sara Lee Corporation (SLE)
VF Corporation (VFC)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,549.80
1-Yr. Sales Growth: (15.5)%
Employees: 27,000
Revenue per employee: $57,400.00

 KEY PEOPLE

• G. William Newton
    CFO

 CONTACT INFO
Anderson Square Bldg., 3rd Fl.
Grand Cayman, Cayman Islands
Phone: 1-345-945-8210
Fax: 1-345-949-7617
Online: Web Site

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