US: Apparel maker FesslerUSA to close
Knit apparel maker FesslerUSA is winding down its operations after 112 years in business, in a move that will also lead to the loss of around 130 jobs.
The vertical full-package manufacturer, based near Orwigsburg in Pennsylvania, supplied private label fashion knitwear, specialising in quick-turn production of low and medium volume orders.
Ironically, it also epitomised the made-in-the-USA supply chain and domestic sourcing opportunities that are supposedly seeing an uptick in demand from apparel retailers and brands keen to increase the amount they source closer to home.
Local news reports say the company will be closed by the end of next week, and all of its machinery dismantled and sold.
Weak consumer spending, competition from China and the Far East, difficulties in securing credit, and a lack of interest from private investors and potential buyers are all blamed for the firm's demise.
"We appreciate all the efforts of our dedicated employees, the never-ending support from our community and friends, and the lasting relationships with our valued customers," a company notice said.
- Impact of the TPP on the US textile industry?
- JC Penney emphasises new merchandising strategy
- Cambodia's future outsourcing prospects uncertain
- Crystal Group nurtures its caring culture
- Hazardous chemical removal a key industry issue
- Vietnam proposes 15% rise to regional minimum wage
- Cambodia garment workers “dying on the job”
- Avery Dennison forms JV with Ningbo Shenzhou
- Nike appointments to drive growth opportunities
- Accord and Alliance discord over inspections
- Global Database of the Top 1000 Apparel Producers - Company Names, Financial Performance, Key Executives, and Contact Details
- Textile Wholesaling in the UK - Industry Market Research Report
- Survey of the European Fabric Fairs: Spring/Summer 2015
- Global market review of denim and jeanswear – forecasts to 2020
- Prospects for the Textile and Clothing Industry in Turkey