Saturday, March 05, 2005

Tefron sewing plant fire in Jordan - Textile News and Industry Analysis

QUOTE: A fire has damaged Tefron's main sewing plant in Jordan. The company expects its insurance to cover its losses but says that shipment of some goods may be delayed.

The Israel-based seamless intimate apparel maker said that the fire had resulted in loss of inventory and raw materials, and damage to plant and machinery. The company does not expect damage or loss from the fire to materially affect its overall sales or profitability.

Tefron manufactures for brands including Victoria's Secret, Target, Warnaco/Calvin Klein, The Gap, Banana Republic, Nike, Mervyn's, Patagonia and Adidas.


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