Carter's Inc - apparel and textile industry company news 
US: Weeplay Kids recalls 128,000 infant bodysuits
6 February 2012
Children's wear company Weeplay Kids is recalling around 128,000 infant bodysuits because of the risk of snaps becoming detached from the fabric of the garment, posing a choking hazard to young children.
US: Carter’s Q3 profit down as cotton costs rise
28 October 2011
Children’s and baby apparel company Carter’s recorded a 20% drop in third quarter profit, impacted by higher cotton prices despite a 23.5% sales surge.
Top stories on just-style this week...
30 September 2011
A forecast for apparel price rises over the next two decades, Reebok paying $25m in customer refunds over claims made for its toning footwear, and the loss of up to 500 jobs at dyes and chemicals maker Huntsman Textile Effects, were among the most-read stories on just-style this week.
US: Former Carter's exec charged with fraud
28 September 2011
A former executive vice president of Carter's Inc has been charged with financial fraud and insider trading at the children's clothing maker between 2004 and March 2009.
US: High cotton costs hurt Carter's Q2 profit
29 July 2011
Children's wear retailer Carter's Inc has seen its second-quarter profit fall by more than one-third as higher cotton prices offset a rise in sales across its business.
CANADA: Carter’s to acquire Bonnie Togs for US$98m
22 June 2011
US children’s apparel specialist Carter’s has agreed to acquire Canadian licensee Bonnie Togs in a deal worth up to US$98m.
just-style’s research roundup
11 April 2011
Emerging children's wear markets are among the latest research in the just-style store, with future problems, innovations and potential growth areas all discussed.
US: Carter's warns on costs as Q4 profit up 5.8%
3 March 2011
Strong wholesale and retail demand for its Carter's and OshKosh B'gosh brands has helped Carter's Inc to a 5.8% rise in fourth quarter profit - but the children's wear maker warned that higher product costs are likely to dent earnings in the year ahead.
US: Former Carter’s exec charged with fraud
21 December 2010
A former executive at kids’ clothing maker Carter’s Inc has been charged with fraud and insider trading by the Securities and Exchange Commission (SEC).
US: Carter’s warns of rising costs after Q3 profit
29 October 2010
Baby and young child apparel group Carter’s warned that the impact of cotton price rises would hit future earnings, after reporting a slight profit increase during the third quarter.
US: Carter’s boosts Q2 earnings 14.8%
30 July 2010
Children's wear retailer Carter's has improved its second quarter earnings despite flat sales during the period.
US: Higher sales push Carter's Q1 profit up 158%
28 April 2010
Carter's Inc, which makes apparel for babies and young children, has got off to a strong start in 2010 after higher sales helped profit soar by 157.9%.
INDIA: Lilliput Kidswear wins $86m private equity investment
20 April 2010
US-based private equity firms TPG Inc and Bain Capital LLC are to buy a minority stake in India's Lilliput Kidswear Ltd for $86m, the company said today (20 April).
US: Carter's prices not deceiving, rules court
16 March 2010
An appeals court in the US has cleared children's wear retailer Carter's of accusations it used deceptive pricing, after two customers filed separate lawsuits.
US: Carter's profit jumps 52.5% on “exceptional” Q3
15 January 2010
Baby and children’s wear maker Carter’s Inc on Friday (15 January) said it is on track to lift its full-year earnings by 49% after booking “exceptional” third quarter results.
US: Carter’s names leaders for its two core brands
4 January 2010
Children’s wear maker Carter’s Inc has created two new leadership positions for its core Carter’s and OshKosh B’gosh brands.
US: Carter's appoints Castagna to board
1 December 2009
Carter’s has appointed Vanessa J Castagna to its board of directors.
US: Carter’s Q2 profit leaps on sales improvement
29 July 2009
Children’s wear specialist Carter’s posted a second quarter profit of US$11.3m, boosted by improved sales for its eponymous Carter’s brand.
US: Carter’s cuts jobs, warns of weaker Q2
29 April 2009
Children’s wear company Carter’s is cutting 10% of its workforce and expects a weaker second quarter, despite posting a 41.6% hike in first quarter net profit.
US: Carter's shedding 100 jobs at OshKosh B'Gosh HQ?
23 April 2009
Children's wear company Carter's is shedding or relocating 100 employees at the headquarters of its OshKosh B'Gosh brand, say local reports.
US: Carter’s “encouraged” by US$75m FY profit
25 February 2009
Children’s wear specialist Carter’s recorded a US$75.1m profit for fiscal 2008, despite a slight fall in fourth quarter net income to $27.3m.
US: Carter's names Richard Westenberger as CFO
16 January 2009
Baby and young children's apparel group Carter's has announced that Richard Westenberger is joining the company as its executive vice president and chief financial officer effective 19 January.
US: Carter's receives complaints about its 'tag-less' labels
27 October 2008
Children's wear retailer Carter's has reported incidents of babies and infants developing rashes on their upper backs after wearing its clothing with heat-transferred, or 'tag-less,' labels.
US: Carter's Q3 profit falls 3.5% on charges
22 October 2008
Children's apparel firm Carter's has reported a 3.5% drop in third quarter profit as the cost of closing a distribution facility took its toll, but said performance was "better than expected" after sales rose in all channels.
Colombia hopes to attract more clothing business
8 September 2008
Hampered by its perceptions as the cocaine capital of the world and delays over a new trade pact with the US, Colombia’s textile and clothing industry is persevering through the tough times – as Niki Tait found on a recent visit to the country.
US: Carter's swings to $2.8m quarterly income
23 July 2008
US children's wear retailer Carter's reported second quarter net income of $2.8m, compared to a net loss of $143.4m in the prior year quarter, following better inventory management.
US: Casey to succeed Rowan as Carter’s CEO
12 June 2008
Carter’s CEO Frederick J Rowan II is to retire from his post on 1 August, to be succeeded by current company CFO Michael D Casey.
US: Carter’s in 21% Q1 income lift despite OshKosh decline
23 April 2008
Falling revenues for its OshKosh brand failed to dent first quarter income at children’s wear company Carter’s, which was up 21% to US$11.6m.
US: Retail slowdown hits Carter’s Q4
27 February 2008
Specialist apparel company Carter’s fell short of expectations with its fourth quarter results, blaming wholesale markdowns and slow-moving inventories.
US: Under Armour tops retail competitiveness study
14 November 2007
Performance products company Under Armour took top place in the “Most Competitive Retailers Study” compiled by independent research firm W Ratings Corporation.
Related research
Carter's, Inc.- Strategy and SWOT Report
Carter's, Inc. - Strategy and SWOT Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360° view of the company.Features:- Detailed information on Carter's, Inc. required for business and competitor intelligence needs- A study of the major internal and external factors affecting Carter's, Inc. in the form of a SWOT analysis- An in-depth view of the business model of Carter's, Inc. including a breakdown and examination of key business segments- Intelligence on Carter's, Inc.’s mergers and acquisitions (M&A), strategic partnerships and alliances, capital raising, private equity transactions, and financial and legal advisors- News about Carter's, Inc., such as business expansion, restructuring, and contract wins- Large number of easy-to-grasp charts and graphs that present important data and key trends
Carter's, Inc.
Datamonitor's Carter's, Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. Carter's, Inc. - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Carter's Inc. (Carter's or "the company") is a branded marketer of apparel exclusively for babies and young children in the US. It offers multiple product categories, including baby, sleepwear, play clothes and other accessories. It sells its products to national department stores, chain and specialty stores, and discount retailers and also operates its own retail stores. The company primarily operates in the US, where it is headquartered in Atlanta, Georgia and employs around 7, 622 people of which 5,330 are employed on a part-time basis. The company recorded revenues of $1,589.7 million during the financial year ended January 2010 (FY2010)*, an increase of 6.4% over 2009. This increase in sales reflects growth in Carter’s brand and OshKosh brand in both wholesale and retail store segments. The operating profit of the company was $195.6 million in FY2010, an increase of 39.7% over 2009. The net profit was $115.6 million in FY2010, an increase of 48.4% over 2009. *Carter’s fiscal year ends on the Saturday, in December or January, nearest the last day of December.
Company Financials: Carter's, Inc.
Introduction: The Company Financials offers insights into the financial performance of the company over last five years for about 1000 leading global companies. The datapack covers wealth of financial information relating to income statement, balance sheet, and cash flow statements.
