Recent Troubles for Textiles Are Part of a Long-Term Trend

UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
Andrew C. Brod, Director, Center for Business & Economic Research (Creator)
Institution
The University of North Carolina at Greensboro (UNCG )
Web Site: http://library.uncg.edu/

Abstract: The drumbeat of bad news from the textile and apparel industry is relentless. Last fall, Burlington Industries filed for bankruptcy protection, and both VF Corporation and Guilford Mills announced large lay-offs. Now Guilford Mills is struggling to refinance its debt in order to avoid joining Burlington Industries in bankruptcy.

Additional Information

Publication
Brod, Andrew (2002). Recent Troubles for Textiles Are Part of a Long-Term Trend. Greensboro News & Record. January 27, 2002
Language: English
Date: 2002
Keywords
Textiles, Apparel industry, New economy, Economic transition