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| Carrollton fashion firm shuts down |
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| Written by Administrator | |||
| Monday, 08 February 2010 11:32 | |||
A west Georgia maker of women's apparel has shut down after 38 years in business, laying off 70 employees. Fashion Star Inc. filed Chapter 7 bankruptcy and liquidated its assets amid lagging business. The company made high-end uniforms and business suits for women and its primary customers were small, independent banks. Fashion Star Chairman Robert Loftin said he trimmed the work force in early 2009 to cut costs. He said "I did everything I could do but it just wasn't enough." The company employed about 150 people and had sales of $8 million in 2000. But business has lagged since then and by 2009 the company's sales sank to $2.2 million. Source: Atlanta Journal Constitution, February 8, 2010
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2012 UNIVATOR Award entry form
Has your company created an incredible fabric technology or revitalized a restaurant with a fresh, new uniform program? Have you developed ingenious business processes to help your own corporation handle the challenges of this tough economy? Did you dream up an environmentally friendly way to eliminate product waste? UniformMarket News wants to hear your story and consider you for a 2012 UNIVATOR Award.
The UNIVATOR Awards celebrate innovation in the North American uniform, image apparel, medical goods, footwear and equipment markets. For eight years, the UNIVATOR Awards have been shining a light on amazing advancements that keep this industry moving forward. They acknowledge companies, both large and small, that are forging unique paths to success.
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