Home / Knowledge / News / Apparel/Garments / Carter's to shift Shelton biz operations to Atlanta
Carter's to shift Shelton biz operations to Atlanta
12
Oct '12
Carter’s Inc., the largest branded marketer in the United States of apparel exclusively for babies and young children, announced plans to consolidate its retail store and financial operations currently managed in its Shelton, Connecticut facility with the Company’s Atlanta, Georgia-based operations.

To enable the consolidation of these operations and to support its growth plans, the Company is evaluating its long-term space needs in the Atlanta area. The Company expects to complete this consolidation by the end of 2013.

“We are very fortunate to be growing and expanding our business in our hometown of Atlanta,” said Michael D. Casey, Chairman and Chief Executive Officer. “We believe that bringing our employees together in one location will improve the interaction and collaboration of our talented workforce and strengthen our ability to provide consumers with the best value and experience in young children’s apparel.”

Approximately 200 new jobs are expected to be created in Atlanta principally in the areas of retail merchandising and store operations, finance, and information technology. The Company currently employs approximately 1,200 people in the Atlanta metropolitan area.

The Company anticipates pre-tax consolidation-related expenses in the range of $35 million to $40 million over the next 12 to 18 months. The expected costs relate to recruiting, relocation, and severance costs and facility-related charges. Additional information is available in the Company’s Form 8-K filed with the Securities and Exchange Commission today.

Carter's, Inc. is the largest branded marketer in the United States of apparel and related products exclusively for babies and young children. The Company owns the Carter's and OshKosh B'gosh brands, two of the most recognized brands in the marketplace. These brands are sold in leading department stores, national chains, and specialty retailers domestically and internationally.

Carter's Inc.

Must ReadView All

Textiles | On 21st Feb 2017

Net profit at Indorama Ventures zooms 145% in 2016

Net profit at Thailand headquartered and Aloke Lohia led Indorama...

Information Technology | On 21st Feb 2017

ThreadSol launches IntelloBuy & IntelloCut in Vietnam

ThreadSol, the pioneer of enterprise material management for sewn...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search