The Industry Standard: Intelligence for the Information Economy

  September 5, 2001
  NEWS & ANALYSIS
   Headlines
   Money & Markets
   Tech & Telecom
   Media & Marketing
   Metrics & Stats
   Policy & Politics
  SEARCH
   
  advanced search
  SERVICES
   Company Index
   Newsletters
   Wireless
  PRINT EDITION
   Read the Magazine

Home > Company Index > Consumer Products-Non-Durables  > Apparel Clothing > The Warnaco Group, Inc.

The Warnaco Group, Inc.
 PROFILE
The Warnaco Group may specialize in underwear, but it's having trouble supporting its bottom line. As one of the leading marketers of bras to US department and specialty stores, the company has suffered due to a sagging income and a Double D load of debt. The company boasts a diverse portfolio of its own and licensed brands, including Calvin Klein and Warner's. Warnaco also makes menswear under the Calvin Klein and Chaps by Ralph Lauren brands; its Authentic Fitness unit is the North American distributor of Speedo swimwear. CEO Linda Wachner owns 9% of Warnaco. In its restructuring efforts, Warnaco is exiting its Fruit of the Loom bra license and has filed for Chapter 11 bankruptcy protection.

 COMPETITION
Intimate Brands, Inc. (IBI)
Sara Lee Corporation (SLE)
VF Corporation (VFC)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2,249.90
1-Yr. Sales Growth: 6.4%
Employees: 21,440
Revenue per employee: $104,939.37

 KEY PEOPLE
• Linda J. Wachner
    CEO
• Philip Terenzio
    CFO

 CONTACT INFO
90 Park Ave.
New York, NY 10016
US
Phone: 212-661-1300
Fax: 212-687-0480

Company Data   News, quotes & more       

Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


ADVERTISEMENT
FEATURED LINKS
Home |  Customer Service |  About Us
Australia |  Brazil |  China |  Korea |  Norway |  Poland |  Sweden |  Taiwan

Copyright ©2001 Standard Media International. Privacy Policy
Stock data provided by Stockpoint and its data suppliers. Copyright © 1995-2001