USA: Ameritex Yarn Files For Debt Protection
Ameritex Yarn, which supplies cotton yarn for the apparel and home textiles markets, has become the latest Burlington-based company to file for Chapter 11 bankruptcy protection. The measure, announced on Friday, has been taken to help the company restructure its debt. It is not expected that any of its 215 employees will be laid off.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
- Steps to piloting living wage in garment factories
- How to ensure sustainability is more than a slogan
- US apparel retailers' November 2016 sales roundup
- Why do modern robotics elude sportswear makers?
- Software for financial planning and operations
- Esquel efficiency drive continues to boost brands
- US Q3 in brief – Oxford Industries, Genesco
- Myanmar garment industry "lacking labour rights"
- Taiwan textile maker investing in first US plant
- Outdoor apparel sector set for double-digit growth