Fabrics And Threads

Fabrics and Threads (F&T) manufactures a railway of high- spirit mens clothes in Canada, distributing its products through its own factory outlets in study centres and a large number of upscale chains across Canada and the united States. F&T has been a family-owned business, operational successfully for 50 years, primarily due to its high- choice and conservative line of menswear. F&Ts workforce is highly prepare and consistently produces a quality product. Sales have change magnitude steadily thanks to these factors as well as F&Ts excellent dispersal network, which is known for short, error-free words times. F&T has sourced materials to make the garment from reputable suppliers in Europe. Despite the sales appeal of F&Ts product, its margins came under pressure during the poor general economic conditions that demonstrable in 2008. As a manufacturer and sell merchandiser of mens costume, F&T found it sticky to cope with the new unisex trend in the habil iments industry. These types of retail stores offer both mens and womens wearable and have proven to be far more salaried than stores offering mens clothing alone. Gross margins in womens clothing tend to be twice those in mens clothing.

Consequently, in the summer of 2010, the owners of F&T distinguishable to sell all their shares to Harry and Laura (H&L), a Canadian publicly-traded clothing manufacturer and retailer. H&L paid them a bell significantly higher than the fair market hold dear of the big(p) assets and liabilities in say to obtain their quality F&T label. H&L manufactures, imports, and reta ils clothing that is considered to be of lo! wer quality than that construct by F&T. The takeover went smoothly, as H&L either maintained many of the key employees or offered them generous severances with opportunities to contract their services. F&Ts shares do not trade on the markets, and the name of the company was retained in order to maintain the paper for quality associated with the label. The...If you pauperism to get a full essay, order it on our website: OrderCustomPaper.com

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