View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
January 16, 2002

USA: Doubts Grow Over Guilford Mills’ Future Amid Losses

Troubled textile giant Guilford Mills Inc on Wednesday reported a loss for 2001 of $160.8 million on sales of $643.5m as its auditors voiced doubts over the company's ability to continue as a going concern. The firm said sales fell 21 per cent compared to fiscal 2000, with sales in the apparel segment down 36 per cent and smaller falls in its automotive and home fashions segments.

This content is for 1 Month Trial, Corporate Account, and Corporate – Member members only.
Login Join Now

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Style