Posts Tagged ‘apparel’

Pair arrested yet again for selling counterfeit apparel

OKOLONA — Two Chickasaw County residents have been arrested for a second time in a year on charges of selling counterfeit clothing. Attorney General Jim Hood says Willie McMillan, 46 and Sophia Hill, 47, were arrested after an undercover investigation into their store, Urban Wear. Investigators seized about $275,000 in counterfeit clothing from Okolona store. […] [...]

Apparel company now says it will layoff workers, not close plants

COLUMBUS — An apparel company that’s losing a military contract to the federal prison system says it plans to lay off 50 workers in Alabama and Mississippi rather than idling two plants. American Power Source Inc. says the layoffs in Fayette, Ala., and Columbus are due to the government’s decision to shift an Air Force […] [...]

Cut-and-sew bill signed into law

by Published: March 29,2010

Tags: apparel, manufacturing, tax credit, textiles

JACKSON — Gov. Haley Barbour has signed a bill that would provide furniture manufacturers a $2,000 tax credit for new cut-and-sew workers. Supporters of the bill say it will help keep jobs in the state. Many of those jobs have been lost to foreign countries where the labor costs are cheaper. Supporters say the tax […] [...]

Phillips-Van Heusen buying Tommy Hilfiger for $3B

by Published: March 15,2010

Tags: apparel, clothing, mergers and acquisitions, retail

NEW YORK — Phillips-Van Heusen says it will buy privately held Tommy Hilfiger in a cash-and-stock deal valued at about $3 billion, creating one of the world’s biggest clothing companies. The deal announced today includes approximately 1.9 billion euros in cash ($2.6 billion) and 276 million euros ($379.9 million) in Phillips-Van Heusen stock. The New […] [...]

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