Springs Global restructures to support innovation & brand focus
09 Mar '09
4 min read
According to O'Connor, Springs is resetting the organization around brands and the creativity and innovation that makes its brands and store brands relevant to the consumer. He said the combination of that business approach with Springs' people and its strong financial position assure the company's success.
"Anchored by the experience and relationships of our account teams, our new organizational structure assures Springs will continue to be a force in the home business," O'Connor said. "The balance sheet of Springs Global US is healthy and virtually debt free, despite all of the investments we have made in our brands and in this transition, which is evidence of the strength and resilience of our company and the opportunities available to us for the future."
Springs Global US Inc., is the leading home furnishings supplier to major retailers throughout North America and is a subsidiary of Springs Global Participações S.A., which is the world's largest manufacturer and marketer of textile home furnishings. Springs Global offers a complete line of sheets, comforters, blankets, bed pillows, towels, bath rugs, shower curtains, bath accessories, fabric window treatments and other coordinated home furnishings to customers in North and South America, Europe and other world markets. Major home furnishings brands include Wamsutta, Springmaid, Springs Home, Artex, Santista, Regal and Dundee.