Fruit of the Loom

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USA: Fruit of the Loom Applauds Passage of Trade Legislation | 19 May 00

Fruit of the Loom, Ltd. (OTC Bulletin Board: FTLAQ), today applauded President Clinton for signing the bill that will expand trade with the Caribbean and Central America. The Senate passed the bill by a vote of 77-19 on Thursday, May 11.Dennis Bookshester, President & Chief Executive Officer, stated, "This is extremely good news for our industry.

USA: NPD Confirms Even Smallest Children Have Big Say in What They Wear | 19 May 00

Study Examines What Drives Apparel Purchasing for Children under Age 10 According to a new study by leading marketing information provider The NPD Group, nearly nine out of 10 mothers with children ages six to 10 said the child influences what clothing is purchased for them. Even mothers of children two years and under report that they are influenced by what their child asks for almost half of the time.

USA: Wechsler Harwood Halebian & Feffer LLP Announces Class Periods | 15 May 00

The following is an announcement from the law firm of Wechsler Harwood Halebian & Feffer LLP: Notice to persons who transacted in the following securities and respective class periods: BRISTOL-MYERS SQUIBB Co. (NYSE: BMY), e.spire COMMUNICATIONS, Inc. (NASDAQ: ESPI), FINOVA GROUP, Inc. (NYSE: FNV), FRUIT OF THE LOOM, Inc.

USA: Fruit of the Loom Announces Ticker Symbol Change | 12 May 00

Fruit of the Loom, Ltd. (OTC Bulletin Board: FTLAF, FTLAQ), today announced that the ticker symbol for the Company's common stock has been changed from "FTLAF" to "FTLAQ". The stock will continue to be traded as an over-the-counter ("OTC") equity security with quotation service provided by the National Quotation Bureau, LLC ("NQB") "Pink Sheets" and the OTC Bulletin Board ("OTCBB"). Investors should call their brokers for daily pricing and volume information.Fruit of the Loom filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code on December 29, 1999 and is currently working through its restructuring in bankruptcy proceedings.Fruit of the Loom is a leading, international vertically integrated basic apparel company, emphasizing branded products for consumers ranging from children to senior citizens. The Company is one of the largest manufacturers and marketers of men's and boys' underwear, women's and girls' underwear, printable T-shirts and fleece for the activewear industry, casualwear, women's jeanswear and childrenswear. Fruit of the Loom employs approximately 31,000 people in over 60 locations worldwide.The Company sells its products principally under the FRUIT OF THE LOOM®, BVD®, SCREEN STARS®, BEST(TM), CUMBERLAND BAY(TM), WILSON® AND GITANO® brands. The Company also designs, manufactures and markets licensed apparel bearing the names, trade names, logos and insignia of the major professional sports leagues, their teams, certain popular players in the leagues and the logos of most major colleges and universities under the PRO PLAYER® and FANS GEAR® brands.

USA: MicroStrategy Shareholders Have Only 9 Days Left to Move to Serve as Lead Plaintiff According to Schiffrin & Barroway, LLP | 11 May 00

The following statement was issued today by the law firm of Schiffrin & Barroway, LLP: Earlier this year, investors represented by Schiffrin & Barroway, LLP filed a class action lawsuit in the United States District Court for the Eastern District of Virginia on behalf of all purchasers of the common stock of MicroStrategy Incorporated (Nasdaq: MSTR) from June 11, 1998 through March 20, 2000, inclusive (the "Class Period"). If you purchased the common stock of MicroStrategy during the Class Period, you may be qualified to serve as one of the lead plaintiff's for this action. Under the Private Securities Litigation Reform Act of 1995, there is a presumption that the investor with the largest financial losses should serve as the lead plaintiff in a Federal securities fraud action. If you are a member of the class described above, you may, not later than May 19, 2000, move the Court to serve as lead plaintiff of the class, if you so choose. In order to serve as lead plaintiff, however, you must meet certain legal requirements. The complaint charges MicroStrategy and certain of its officers and directors with reporting materially false and misleading financial results throughout the Class Period. During 1998 and 1999, defendants significantly overstated MicroStrategy's revenues and earnings per share by improperly recognizing revenue in connection with software sales/service contracts. Plaintiff seeks to recover damages on behalf of class members and is represented by the law firm of Schiffrin & Barroway, LLP, who has significant experience and expertise prosecuting class actions on behalf of investors and shareholders. For more information on Schiffrin & Barroway, please visit our website at

USA: Basics Market Continues To Challenge US Makers Bobbin Publishing Group | 9 May 00

Fruit of the Loom in Bankruptcy; Tultex to Liquidate To subscribe to Bobbin, please visit Pressures in the basic apparel market have taken a toll on some of the US apparel industry's largest players in recent years, and the shakeout is far from over. Fruit of the Loom's bankruptcy filing and the recent announcement by Tultex Corp that it will liquidate are the latest entries in a long list of hardships for firms that produce basics such as T-shirts and fleece athletic apparel.

USA: Full Line Distributors, Inc. to Relocate Sewing Operations as Part Of Efficiency Enhancement Program | 9 May 00

Full Line Distributors, Inc. (Amex: FLD), a national distributor and manufacturer of imprintable and decorable sportswear, today announced that it will relocate the sewing operations of its L.A. T Sportswear Division which are currently being performed at its plant in Ball Ground, Georgia, to its facility in Roberta, Georgia or sourced to offshore contractors."We are taking this action because the available supply of sewing operators in the Ball Ground area has decreased significantly over the past several years, and the operating efficiencies of the Company can benefit from the consolidation of sewing activities in Roberta and an expansion in product sourcing from other countries," stated Isador Mitzner, Chief Executive Officer of Full Line Distributors, Inc. "This is consistent with our strategic positioning as a low-cost producer and distributor within the decorable sportswear industry.""The Ball Ground facility will continue to serve as a warehousing and distribution center and for the inspection and quality control of products sourced outside of the United States," continued Mitzner. "We expect the Company to realize a net cost savings from the relocation of its Ball Ground sewing activities."Full Line Distributors, Inc. distributes basic T-shirts and sweatshirts, golf shirts, baseball and golf caps, athletic jerseys, jackets, shorts, bags and aprons. Some of the nationally known brands distributed by the Company include Fruit of the Loom®, Hanes®, Jerzees® and Jonathan Corey®. The Company also manufactures sportswear under the brand names L.A. T Sportswear®, L.A. T For Kids®, Rabbit Skins® and Woodbridge. Full Line Distributors, Inc. is headquartered in Ball Ground, Georgia, and operates distribution and/or manufacturing facilities in Georgia, Ohio, California, Texas, Florida and Missouri.Additional information on the Company and its products can be accessed on the World Wide Web at

USA: Fruit Of The Loom Common Stock Trading Suspended | 3 May 00

The New York Stock Exchange ("NYSE") has suspended trading in Fruit of the Loom Ltd's (OTC Bulletin Board: FTLAF) Class A Common Stock and is to apply to the Securities and Exchange Commission to delist the stock. The decision by the NYSE to file an application to delist the company's common stock is not expected to affect its operating performance and reorganization plan.The company's common stock will continue to be traded as an over-the-counter ("OTC") equity security under the symbol "FTLAF." Quotation service is provided by the National Quotation Bureau, LL ("NQB") "Pink Sheets" and the OTC Bulletin Board ("OTCBB"). Investors should call their brokers for daily pricing and volume information.Fruit of the Loom filed a voluntary petition under Chapter 11 of the US Bankruptcy Code on December 29, 1999 and is currently working through its restructuring in bankruptcy proceedings.

USA: Fruit Of The Loom Appoints New CEO | 28 Apr 00

Fruit of the Loom Ltd, (NYSE: FTL) one of the world's leading marketers and manufacturers of basic family apparel, today announced the appointment of Dennis S Bookshester as chief executive officer.The company thanked Dennis for his willingness to continue the leadership of the Company as it pursues the turnaround of its business.Mr Bookshester has been acting CEO at Fruit of the Loom for 8 months and is a current member of the Board of Directors. Dennis has over four decades of retail industry experience and working with Fortune 500 companies. In addition, he is the former chairman and chief executive officer of Carson Pirie Scott & Company as well as the former CEO of Zale Corporation and Caldor. Mr Bookshester spent the first 17 years of his retail career at Federated Department Stores. He currently sits on the boards of Playboy Enterprises, Elder Beerman Stores and The University of Chicago Graduate School of Business and acts as an advisor to Windpoint Partners.





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