Michael McNamara

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Financial

Tiffany Shares Dive as U.S. Sales Weaken

Troubles prompted a weaker outlook for the year.

clock May 24, 2012Alexandra Steigrad and Michael McNamara

Textiles

Jobs up, But Execs Low Key

NEW YORK — Don’t pop those champagne corks just yet.

That’s the word from textile executives who warned that despite the increase in employment throughout their industry in November, it’s premature to get euphoric.

As reported, the…

clock December 20, 1994Michael McNamara

Textiles

2nd L.A. Show: No Go for Now

NEW YORK — It appears that Jim Gordon’s effort to mount a second textile show in Los Angeles is over — for at least the time being.

Gordon is president of Gordon Textile International Ltd., which represents 18 upscale fabric mills, primarily…

clock December 20, 1994Michael McNamara

Textiles

Cotton’s Big Night Out

NEW YORK — “This has turned into one of the great years for the U.S. cotton industry, as we look to have the largest cotton crop in history, about 19.5 million bales.”

That was the greeting from J. Nicholas Hahn, president and chief executive…

clock December 6, 1994Michael McNamara

Fashion Features

Shorts Help Fuel Denim Boom

NEW YORK — Energized by a robust second half of 1994, denim mill executives are moving with enthusiasm into 1995.

Brightening the mood, they said, are:

A generally better economy than a year ago.

Plants that are running at full…

clock December 6, 1994Michael McNamara

Fashion Features

Demand, Prices Up

NEW YORK — The last few months were fairly good ones for many in the textile business, but executives said there remains a bit of uncertainty about 1995 and how robust any growth will be.

Raw-materials costs are rising. Imports of textiles and…

clock December 6, 1994Michael McNamara

Textiles

DuPont Rolling Out a Micromattique at 70 Denier, A Third of Silk Fiber’s Width

NEW YORK — DuPont said Wednesit is adding to the luxe quality of microfibers with a new version of its Micromattique polyester.

The new development is called Micromattique XF, and when measured in denier-per-filament, it is the finest…

clock September 22, 1994Michael McNamara

Fashion Features

Courtaulds Certifies Tencel

NEW YORK — Courtaulds PLC, which for the past 10 months has been working to expand production capacity for Tencel, is now giving the 2 1/2-year-old cellulosic a certification program and a new logo.

The certification program, which applies to…

clock September 20, 1994Michael McNamara

Fashion Features

Fibers Outlook Not So Rosy

NEW YORK — Climbing prices of raw materials have polyester producers scrambling to maintain their competitive edge.

For spandex makers, it’s the increased capacity for the fiber that’s increasing the intensity in that market, while acrylic…

clock September 20, 1994Michael McNamara

Fashion Features

12 Industry Groups Join Push for Rule-of-Origin Amendment

NEW YORK — Twelve textile and apparel industry associations have thrown their support behind the Breaux-Cardin rule-of-origin amendment to the GATT Uruguay Round.

The amendment, introduced in the Senate by John Breaux (D., La.) and in the…

clock September 19, 1994Michael McNamara

Textiles

TDA Takes up Arms Against Gatt Accord

NEW YORK — The Textile Distributors Association announced Wednesday that it has become the first textile trade organization to officially give GATT the thumbs-down.

The TDA board of directors Tuesday voted unanimously to oppose the GATT…

clock September 16, 1994Michael McNamara

Fashion Features

Cotton Inc. Names Designers it Will Sponsor at 7th on Sixth

WASHINGTON — For the second time, Cotton Incorporated will give four young designers the chance to show their collections in a joint runway show during the 7th on Sixth spring shows here.

The designers are Erik Gaskins, Sylvia Heisel, Heidi…

clock September 16, 1994Michael McNamara

Financial

Forte: New Cashmere Game

WOONSOCKET, R.I. — The way Richard Forte sees it, both the tight supply of cashmere and the rising price of the raw fiber will change the face of that business considerably over the next few years — if they haven’t done so already.

Forte,…

clock September 13, 1994Michael McNamara

Fashion Features

The Greening of Blue Jeans Mills Have Been Developing Cleaner Ways to Make Denim

NEW YORK — Denim, historically not one of the textile industry’s more environmentally friendly segments, is cleaning up its act.

Through improved, cleaner manufacturing techniques and new denim fabrics that are being marketed as…

clock September 7, 1994Michael McNamara

Financial

Analyst Tells KTA U.S. Knits Growing

NEW YORK — “Happy days are here again — for some, if not most, knitters.”

That’s how Jay Meltzer, a vice president in Goldman Sachs’s equity research department, sized up the domestic knit business last Wednesday at an economic forecast…

clock June 28, 1994Michael McNamara

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