| Business Summary | | Tefron
Ltd.
manufactures
boutique-quality
everyday
intimate
apparel
sold
throughout
the
world
by
such
name-brand
marketers
as
Victoria's
Secret,
GAP,
Banana
Republic,
DIM,
Cacharel,
Schiesser,
B.H.S.
DKNY,
Target,
Nike
and
Wamaco/Calvin
Klein
as
well
as
three
other
American
designer
labels.
Through
the
utilization
of
manufacturing
technologies
and
techniques
developed
or
refined
by
Tefron,
the
Company
is
able
to
mass-produce
boutique-quality
garments
featuring
designs
tailored
to
its
customers'
individual
specifications
at
competitive
prices.
The
Company's
product
line
includes
knitted
briefs,
tank
tops,
loungewear,
nightwear,
bras,
T-shirts
and
bodysuits,
primarily
for
women.
On
December
15,
1999,
Tefron
acquired
Alba-Waldensian
Inc.
Alba
manufactures
a
variety
of
knitted
apparel
and
healthcare
products
and
markets
the
products
through
two
divisions,
the
Consumer
Products
Division
and
the
Health
Products
Division. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Tefron
Ltd.
manufactures
boutique-quality
everyday
intimate
apparel
sold
throughout
the
world
by
such
name-brand
marketers
as
Victoria's
Secret
and
Warnaco/Calvin
Klein.
For
the
three
months
ended
3/31/01,
sales
fell
28%
to
$43.3
million.
Net
loss
totaled
$5.1
million
vs.
an
income
of
$2.6
million.
Results
reflect
efforts
by
some
customers
to
adjust
high
inventory
levels
and
lower
margins
due
to
reduced
production
volumes. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
48,135;
after
tax
earnings
were
-2,645. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Sigi Rabinowicz, 51 | Chairman,
Pres | Yosef Shiran, 38 | CEO | Nathan Pulwer, 51 | CFO | Yossi Ron, 53 | Director,
Gen. Mang. and Pres of Hi-Tex | Micha Korman, 45 | Exec.
VP |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|