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Non-Tech : FTL- Fruit of the Loom
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To: Arthur Tang who wrote (119)8/14/2001 7:52:05 AM
From: Arthur Tang  Read Replies (1) of 161
 
To complete the analysis; we will talk about new products that will sell like hot cakes.

The underwear business had changed over the years. FTL for the past year has been liquidating old inventory. They did not make any thing new. So, now the stores do not have bikini underwear, either cotton or synthetic fabric. If they did not sell them, they did not have inventory. If they did not have inventory it is because they are hot sellers.

Management take notice, bikinis sell at the same price or more, but raw material costs less. Synthetic material is quick drying. Men like it and women like it. Styling is sexuality oriented.

Busisness turn around demands it. Outsourcing needs unsecured creditors, better change the reorganization plan(include the present stockholders too). Banks need to allow the business to be turned around(new stock will recover all the risks and then some).
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