| | Business Summary | | Fruit
of
the
Loom
Ltd.
(FTL
Ltd.)
is
a
vertically
integrated
manufacturer
of
basic
apparel
products,
performing
most
of
its
own
spinning,
knitting,
cloth
finishing,
cutting,
sewing
and
packaging.
North
America
is
FTL,
Ltd.'s
principal
market,
comprising
more
than
80%
of
consolidated
net
sales
in
each
of
the
last
three
years.
FTL,
Ltd.
has
organized
its
business
into
three
functional
areas:
retail
products,
which
comprised
59%
of
2000
net
sales,
activewear
products,
which
comprised
30%
of
2000
net
sales,
and
Europe,
which
comprised
11%
of
2000
net
sales. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Fruit
of
the
Loom,
Ltd.
produces
men's
and
boys'
underwear,
activewear,
casual
wear,
jeanswear,
women's
and
girls'
underwear,
and
infants'
and
toddlers'
apparel.
For
the
six
months
ended
6/30/01,
revenues
fell
20%
to
$661.9
million.
Net
loss
from
continuing
operations
fell
39%
to
$82.9
million.
Revenues
reflect
the
discontinuation
of
the
non-core
product
lines
and
weak
market
conditions.
Lower
loss
reflects
decreased
production
costs. | | More
from
Market Guide: Significant
Developments |
| | Officers | | | FY1999 Pay | |
| Brian Wolfson, 64
Chairman | -- | Dennis Bookshester, 61
CEO,
Director | $272K | William Farley, 57
Pres,
COO, Director | 2.7M | Vincent Tyra, 34
Pres
-- Retail and Activewear | 554K | John Holland, 68
Exec.
VP of Operations, Director | -- | | Dollar amounts are as of 1-Jan-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/f/ftlaq.ob.gif)