BNET Industries
Market Cap:$1.9B
Last Fiscal Year Sales:$1.8B
- Public
- US
Dow Jones Description
Warnaco's history dates back to 1874. The original company designed, manufactured and sold Warner's corsets to retailers. Since then, Warnaco has evolved into a multi-brand, multi-channel apparel company, which endeavors to provide fashion for a country and a world in change. Our products are distributed domestically and internationally, primarily to wholesale customers through multiple distribution channels, including major department stores, independent retailers, chain stores, membership clubs, specialty and other stores and mass merchandisers and the internet, including such leading retailers as Macy's and other units of Federated Department Stores, J.C. Penney, Kohl's, Sears, Target, Costco and Wal-Mart. The Company also operates over 75 Calvin Klein underwear retail stores worldwide (45 directly and approximately 30 under retail licenses or distributorship agreements) For fiscal year ended January 1, 2005, 72.6% of the Company's net revenues were generated from domestic sales and approximately 27.4% were generated from international sales. Warnaco owns and licenses a portfolio of highly recognized brand names. The majority of the trademarks we use are either owned or licensed in perpetuity and generated approximately 65% of our fiscal 2004 revenues. Our core brands have been established in their respective markets for extended periods and have attained a high level of consumer awareness...
Number of Employees 5,200
Peer Companies
NAICS Code Women's, Girls', and Infants' Cut and Sew Apparel Contractors: 315212
Recent Events
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Warnaco's Swimwear Sales Decline 5% in Q3
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Warnaco Names Prendergast at Chaps
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Warnaco WRC Execs Affirm FY09 Outlook; Offer 2014 Outlook
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Phillips-Van Heusen raised to buy by Merrill Lynch
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Bank of America Initiates Coverage on Warnaco Group WRC with a Buy
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Warnaco appoints David Cunningham president of Calvin Klein Jeans
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Cunningham Joins Klein
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Warnaco Sees Timing Issues, Economy Cut into Q2 Swimwear Sales
News & Analysis
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finance and warnaco group inc. - All News and Analysis
Warnaco Group Inc. Q3 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. Your first question comes from Matt McClintock – Barclays Capital. Matt McClintock – Barclays Capital So first question would be for Larry. Larry, can you elaborate more on the mix shift impact on gross margin? What exactly was that mix shift,...
Warnaco Group, Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from the line of Jeff Klinefelter with Piper Jaffray Jeff Klinefelter - Piper Jaffray Yes. Thank you. Just a couple of questions for you guys. Maybe Larry, starting with you, on the trade payables. Could you get a little bit...
The Warnaco Group, Inc. F2Q08 (Qtr End 07/05/08) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question is from Jeff Klinefelter with Piper Jaffray. Jeff Klinefelter - Piper Jaffray I wanted to talk about two things; one, is the domestic market, and then two, would be a little bit more detail on Europe and International. ...
The Warnaco Group, Inc. Celebrates Transfer to the NYSE from Nasdaq
NEW YORK -- The Warnaco Group, Inc., a leading apparel company headquartered in NY, began trading today on the New York Stock Exchange under the ticker symbol "WRC" after transferring the listing of its stock to the NYSE from Nasdaq. The Warnaco Group joins the NYSE as the third transfer...
Warnaco to Restate Financial Statements for Fiscal 2005 and the First Fiscal Quarter of 2006; Announces Preliminary Results for Second Fiscal Quarter of 2006
NEW YORK -- The Warnaco Group, Inc. (NASDAQ: WRNC) announced today that the Audit Committee of the Company's Board of Directors has concluded that the Company will restate its previously reported financial statements for its fiscal year ended December 31, 2005 and first fiscal quarter ended April 1, 2006. In...
Warnaco's disappearing act. (Warnaco Group Inc. charges off $22m in goodwill relating to sale of activewear division)
Now you see it, now you don't. On the eve of its public stock offering, The Warnaco Group, Inc., filed an amendment with the Securities and Exchange Commission changing a $5,274,000 profit reported for last year into a $16,726,000 loss. In an...
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Warnaco Group
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