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Item # 183 - Price $89.95
$4.95 Shipping
Fruit of the Loom Stock Certificate - Scripophily
Fruit of the Loom was a leading international vertically integrated basic apparel company, emphasizing branded products for consumers of all ages. The Company was one of the world's 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 and childrenswear. Fruit of the Loom employed approximately 23,000 people in over 50 locations worldwide. The Company sold its products principally under the FRUIT OF THE LOOM(R) and BVD(R) brands.
Fruit of the Loom, Inc. announced as a result of the continued weakness in textile and apparel sales, that it would close an additional manufacturing facility located in Fayette, Alabama, affecting 290 employees. Phase down of the facility will begin immediately with a permanent closure completed by April 28, 2002.
Since filing for Chapter 11 Bankruptcy in December 1999, Fruit of the Loom has been in the process of restructuring operations and realigning its business strategies to focus on its core product lines.
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