Westpoint Stevens Inc.

News & Analysis

westpoint stevens inc. - All News and Analysis

• WestPoint Stevens Inc. Announces Commencement of Exploration of Strategic and Financial Alternatives; Pending Company Tender Offer Withdrawn

  - 1999-11-24

  WEST POINT, Ga.--BUSINESS WIRE--Nov. 24, 1999-- WestPoint Stevens Inc. (NYSE:WXS) today announced that it has engaged Merrill Lynch & Co. to assist its Board of Directors in the exploration of strategic and financial alternatives for the purpose of enhancing stockholder value. Such alternatives could include, among other transactions, a...

  Tags: brand, Branding, Business Wire, Company, FINANCE, financial, MARKETING, Westpoint Stevens Inc.

• WestPoint Stevens Inc. Declares Regular Quarterly Cash Dividend

  - 1999-10-28

  WEST POINT, Ga.--BUSINESS WIRE--Oct. 28, 1999-- WestPoint Stevens Inc. (NYSE:WXS) (http://www.westpointstevens.com) today announced that the Board of Directors has approved the payment of a quarterly cash dividend of $.02 per share, payable on December 1, 1999, to shareholders of record as of November 15, 1999. WestPoint Stevens Inc....

  Tags: brand, Branding, Business Wire, Company, dividend, FINANCE, Georgia, MARKETING, Westpoint Stevens Inc.

• Westpoint Stevens Inc. Closes Agreement To Sell Alamac Subsidiary

  - 1997-08-27

  WEST POINT, Ga.--BUSINESS WIRE--Aug. 27, 1997--WestPoint Stevens Inc. (Nasdaq/NM:WPSN) (www.westpointstevens.com) today announced it has closed the previously announced agreement with Dyersburg Corporation (NYSE:DBG) to sell its Alamac Knit Fabrics subsidiary. The closing of the transaction occurred on August 27, 1997. WestPoint Stevens Inc. is a home...

  Tags: agreement, Branding, Business Wire, Company, Georgia, MARKETING, Westpoint Stevens Inc.

• WestPoint's Japan push. (WestPoint Stevens Inc. develop bath and bed linen line for Amway Japan Ltd.)(Brief Article)

  - 1997-08-11

  WestPoint Stevens Inc. has developed, through Amway Corp, a line of premium bed and bath linens for Amway Japan Ltd. called Home Fabrics by WestPoint Stevens. The collection will be distributed exclusively in Japan. WestPoint Stevens Inc. has developed, through Amway Corp, a line of ...

  Tags: Amway Corp., Westpoint Stevens Inc.

• Westpoint Stevens Inc. Closes Agreement To Acquire Bibb Towel Operations

  - 1997-02-25

  WEST POINT, Ga.--BUSINESS WIRE--Feb. 25, 1997--WestPoint Stevens Inc. (Nasdaq/NM:WPSN) (http:www.westpointstevens.com) today announced that it has closed the previously announced agreement with the Bibb Company to purchase substantially all assets related to Bibb's towel operations in Roanoke Rapids, North Carolina. The closing of the transaction occurred on February 21, 1997....

  Tags: agreement, Business Wire, Company, Georgia, Westpoint Stevens Inc.

• Westpoint Stevens Inc. Files Amendment To Registration Statement

  - 1997-02-12

  WEST POINT, Ga.--BUSINESS WIRE--Feb. 12, 1997--WestPoint Stevens Inc. (Nasdaq/NM:WPSN) (http:www.westpointstevens.com) today announced that it has filed with the Securities and Exchange Commission an amendment to a registration statement covering 2,000,000 shares of WestPoint common stock owned by WPS Investors, L.P. ("WPS Investors"), an investment partnership which currently holds over 11.2...

  Tags: Company, FINANCE, Investment, SEC, Westpoint Stevens Inc.

• WestPoint sees 20% growth in '96 and beyond.(WestPoint Stevens Inc.)(Brief Article)

  - 1996-10-16

  NEW YORK -- With cotton and polyester costs slowing dropping and some improvement in its Alamac knitting operation, WestPoint Stevens Inc. said it should see earnings growth of 20 percent or better for fiscal 1996 and beyond. Sales at the textile firm are expected to gain...

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• Just a handful of textile execs get pay hikes in '95.

  - 1996-06-04

  A sluggish year in the textile industry was reflected by the fact that relatively few textile company executives received pay raises in 1995. Unchanged or declining executive salaries reflect the poor earnings recorded by most textile mills in 1995. The highest paid CEOs were, in declining order, Burlington Industries' George...

  Tags: Concord Fabrics Inc., Fab Industries Inc., Westpoint Stevens Inc.

• WestPoint Stevens Inc. makes announcement

  - 1995-04-25

  WEST POINT, Ga.--BUSINESS WIRE--April 25, 1995--WestPoint Stevens Inc. (Nasdaq/NM:WPSN) today announced that Magten Asset Management Corp. sold all 2,913,352 shares of its holdings in WestPoint Stevens Inc.The Robinson-Humphrey Company, Inc. acted as principal in facilitating this transaction.WestPoint Stevens is the nation's leading manufacturer and marketer of bed and bath textile...

  Tags: Branding, Business Wire, Georgia, manufacturer, Manufacturing, MARKETING, Westpoint Stevens Inc.

• Westpoint Stevens Inc. Completes Repurchase Of 1,000,000 Shares

  - 1995-03-22

  WEST POINT, Ga.--BUSINESS WIRE--March 22, 1995--WestPoint Stevens Inc. (Nasdaq/NM:WPSN) today announced that it has completed the repurchase of 1,000,000 shares of the Company's common stock for an average price of $13.89 per share. The stock repurchase program began after the Company announcement on November 29, 1994, that it intended...

  Tags: Branding, Business Wire, Company, FINANCE, Investment, Manufacturing, MARKETING, treasury, Westpoint Stevens Inc.