ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

WSPT Westpoint Stevens (MM)

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
Westpoint Stevens (MM) NASDAQ:WSPT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

WestPoint Stevens Announces Licensing Agreement with Avanti Linens for Embellished Towels Under WPS Brands

23/03/2004 7:46pm

PR Newswire (US)


Westpoint Stevens (NASDAQ:WSPT)
Historical Stock Chart


From Dec 2019 to Dec 2024

Click Here for more Westpoint Stevens Charts.
WestPoint Stevens Announces Licensing Agreement with Avanti Linens for Embellished Towels Under WPS Brands WEST POINT, Ga., March 23 /PRNewswire-FirstCall/ -- WestPoint Stevens Inc. (BULLETIN BOARD: WSPT) ( http://www.westpointstevens.com/ ) todayannounced a new licensing agreement for Avanti Linens to produce embellished towels under WestPoint Stevens' popular brands. "This alliance with Avanti -- the nation's premier producer of embellished towels -- is a strong, significant partnership: thepower of our famous brands at retail and the quality of our solid-color towels combined with the design and manufacturing expertise of Avanti," said Robert B. (Bob) Dale, President of WestPoint Stevens Bed and Bath Division. "Embellished towels from Avanti offer pattern alternatives to our solid- color businesses, complement the products of our Maples Rugs offerings and provide a line extension to our rapidly growing bath accessory business -- obviously a more complete bathroom offering now," Mr. Dale emphasized. "It's also another facet of support for our ongoing Chromatherapy strategy for marketing color." Under the Avanti alliance -- latest in a continuing development of key licensing agreements that expand the product range of WestPoint Stevens' famous brands -- the Company will supply solid-color towels to be embellished by Avanti and sold under Company-owned brands including the flagship Martex(R), as well as Grand Patrician(R), Atelier Martex(R), Patrician(R), Utica(R) and Lady Pepperell(R). Avanti Linens, founded in 1969, is regarded as the leading producer of fine-quality embellished and bordered towels and noted for design excellence. Avanti is represented in over 80 percent of all major U.S. department stores, as well as bath shops and specialty stores across the country. The major Avanti production categories are towels with borders, towels with appliques and towels with embroidered motifs, offered in delicate traditional designs, innovative contemporary looks and those with masculine and feminine motifs. "Avanti is very excited about our new alliance with WestPoint Stevens. We believe in the WestPoint Stevens brands such as Grand Patrician(R) and Martex(R) and know we can bring added customer value to them as a key part of WestPoint's strategic goal of enhancing bath offerings in brand, color, embellishment and complete accessorization," said Avanti Linens President Michael Tauber. WestPoint Stevens Inc. is the nation's premier home fashions consumer products marketing company, with a wide range of bed linens, towels, blankets, comforters and accessories marketed under the well-known brand names GRAND PATRICIAN, PATRICIAN, MARTEX, ATELIER MARTEX, BABY MARTEX, UTICA, STEVENS, LADY PEPPERELL, SEDUCTION, VELLUX and CHATHAM -- all registered trademarks owned by WestPoint Stevens Inc. and its subsidiaries -- and under licensed brands including RALPH LAUREN HOME, DISNEY HOME, GLYNDA TURLEY and SIMMONS BEAUTYREST. WestPoint Stevens can be found on the World Wide Web at http://www.westpointstevens.com/ . Avanti Linens, founded in 1969, offers the finest in embellished and bordered towels, with more than 80 patterns offered in a mixture of borders and embroidered motifs. In addition to the quality of its designs, Avanti isalso noted for its wide assortment of colors and its outstanding customer service. Avanti, based in Moonachie, N.J., can be found on the World Wide Web at http://www.avantilinens.com/ . Contact: Lorraine D. Miller, CFA Senior Vice President - Finance and External Communications 404.378.0491 DATASOURCE: WestPoint Stevens CONTACT: Lorraine D. Miller, CFA, Senior Vice President - Finance and External Communications of WestPoint Stevens, +1-404-378-0491 Web site: http://www.westpointstevens.com/ http://www.avantilinens.com/

Copyright

1 Year Westpoint Stevens Chart

1 Year Westpoint Stevens Chart

1 Month Westpoint Stevens Chart

1 Month Westpoint Stevens Chart

Your Recent History

Delayed Upgrade Clock