Russell Corporation - apparel and textile industry company news 
CANADA/US: Gildan Activewear, Russell Brands settle lawsuit
5 March 2013
Canadian apparel maker Gildan Activewear has reached a US$1m settlement with Russell Brands, a Fruit of the Loom company, to resolve a trademark infringement lawsuit.
US: Russell Brands to cut 190 jobs in restructuring
7 January 2013
US sporting goods manufacturer Russell Brands today (7 January) said it plans to lay off 190 workers as it looks to restructure its apparel decoration operations in Alexander City, Alabama.
US: Gildan Activewear sued by Russell Brands
17 October 2012
Gildan Activewear has launched an internal inquiry into the events surrounding a lawsuit filed against it by Russell Brands, part of Fruit of the Loom.
US: Fruit of the Loom to use Yunique PLM system
17 January 2012
Apparel company Fruit of the Loom is to implement Gerber Technology’s YuniquePLM product life cycle management system.
US: University in Indonesian factory row with Adidas
6 December 2011
Students and staff at the University of Wisconsin-Madison are calling on sporting goods brand Adidas to make severance payments to workers at an Indonesian factory after its owner fled.
GUATEMALA: Sourcing specialist sells stake to India's Fifth Avenue
14 November 2011
Supply chain specialist Fifth Avenue Sourcing (India) is set to take a stake in sourcing consultancy RegionaLink LLC, which was set up earlier this year to link US and European apparel firms with factories in Central America and the Dominican Republic.
UK: Fruit of the Loom ramping up Moroccan operations
27 October 2010
The European unit of underwear and casual clothing maker Fruit of the Loom is ramping up its operations in Morocco on the back of higher demand from its customers as the global economic recovery continues.
SOURCING: Not all firms washed out by Pakistan floods
23 August 2010
While it's true that the proverb "Bad news travels fast" has been particularly apt as far as the widespread flooding in Pakistan is concerned, one of the country's leading knitwear manufacturers and exporters has told just-style that many firms are managing to rise above recent events.
HONDURAS: Russell Athletic to open factory after boycotts
23 November 2009
T-shirt and casualwear maker Russell Athletic has agreed to open a new apparel factory in the Choloma area of Honduras following university boycotts in the US and UK.
US: Sales slump at Berkshire Hathaway’s apparel unit
10 November 2009
The slowdown in consumer spending has hit sales at Fruit of the Loom, the apparel business controlled by billionaire Warren Buffett’s Berkshire Hathaway Inc, the company said last week.
SOURCING: Marginal suppliers need a radical re-think
21 August 2009
In the current recession, factory owners are transferring business away from their marginal suppliers to their core operations, creating a major problem in countries where the garment sector is a lifeline. To survive and prosper in difficult times, these industries must radically change the way they work, who they work for, and what they produce, believes David Birnbaum.
US: Fruit of the Loom to cut jobs - reports
10 August 2009
Nearly 280 Fruit of the Loom apparel workers in Alabama are to lose their jobs after the company decided to relocate to its corporate headquarters in Bowling Green Kentucky.
UK: Russell Europe to close distribution plant – reports
18 June 2009
Clothing company Russell Europe is to close a distribution centre in the UK as part of a global review of its operations, according to local reports.
US: Broder Bros widens Q1 loss on costs, lower sales
29 May 2009
Activewear distributor Broder Bros Co has widened its first quarter loss thanks to restructuring charges, lower sales across all its divisions and a shrinking of the imprintable activewear market due to the economic downturn.
US: Broder Bros manages to stave off bankruptcy
21 May 2009
Activewear distributor Broder Bros Co has managed to stave off bankruptcy by refinancing 91.75% of its outstanding debt – but warned it is still an option if the deal does not go through.
US: Broder Bros explores financing and strategic options
5 March 2009
Activewear distributor Broder Bros has hired an investment bank to help explore financing and strategic options for its long-term capital structure.
US: Russell Athletic signs pro volleyball apparel deal
10 February 2009
Athletic apparel company Russell Athletic has signed a three year deal to sponsor the AVP Pro Beach Volleyball tour in the US.
US: Russell Athletic unveils new NBA uniform
23 October 2008
Russell Athletic has launched a new “performance” basketball uniform, adding to its product portfolio as the NBA’s official institutional uniform provider.
US: Russell Corp to lay off 450 workers
6 June 2008
T-shirt and sweatshirt maker Russell Corporation is lay off more than half of the 800 workers at its Coosa River Plant in Wetumpka, according to local news reports this week.
US: Fruit of the Loom to close Honduras plant
20 September 2007
Fruit of the Loom is to close its Jerzees de Choloma facility in Central America, which employs 800 people.
UK: Another profit warning for Blacks Leisure
5 January 2007
Outdoor goods chain Blacks Leisure has issued its third profit warning in six months after sales plunged during the Christmas period.
US: Blair president Zawacki sets retirement
8 December 2006
John Zawacki, president and chief executive officer of direct marketer Blair Corp, will retire from the company and its board on 1 April 2007.
UK: Blacks quiet on bid rumours as H1 profits fall
26 October 2006
Blacks Leisure’s CEO is staying quiet on rumours the struggling business could be the bid interest of business mogul Mike Ashley, the man behind the Sports World International and Lillywhites names.
US: Russell Athletic names Doug Kelly as company president
26 September 2006
Sports goods firm Russell Athletic has appointed Doug Kelly as company president.
US: Berkshire Hathaway completes acquisition of Russell Corp
3 August 2006
The sale of Russell Corporation to Fruit of the Loom Inc, a subsidiary of Berkshire Hathaway, was completed on Wednesday (2 August) after being overwhelmingly approved by shareholders.
US: Russell chairman to retire after Berkshire Hathaway merger
2 August 2006
The chairman and CEO of sports goods company Russell is to retire this week once the business’s merger with Berkshire Hathaway is completed.
US: Armor Holdings acquires Tensylon manufacturer
11 July 2006
Security and armour specialist Armor Holdings is set to invest more than US$12m in new acquisition Integrated Textile Systems (ITS) after paying an undisclosed sum for the company.
GUATEMALA: Textiles sector loses $160m from CAFTA delays
28 April 2006
Delays in signing the Central American Free Trade Agreement (CAFTA) have cost Guatemala’s textiles industry US$160m in uncommitted investments, Carla Caballero, general manager for Guatemalan Apparel and Textile Industry Commission (VESTEX), confirmed to just-style on Thursday (27 April).
UNITED ARAB EMIRATES: Phat Fashions opens flagship stores
20 April 2006
Kellwood brand Phat Fashions has opened three flagship stores in the Middle East under the Phat Farm and Baby Phat brands.
US: Rivalry heats up over Mossimo brand acquisition
19 April 2006
A bidding war over the Mossimo brand is building as the Iconix group said it is sticking to its merger proposal despite a superior offer from the Cherokee group.
