SWIFT GALEY has named Rick Waide to the new position of President, International Marketing (IM). Mr. Waide will be responsible for managing customer relations and supply chain management for markets outside of the U.S., as well as the U.S. Jeanswear Division.
His primary objective will be to continue international expansion through leveraging the twill, corduroy and poplin product lines manufactured at the state-of-the-art Swift Galey Lucky facility in Yixing City, China.
His responsibilities will also include delivery of products from the new Swift Galey Lucky denim manufacturing facility currently under construction. Mr. Waide will relocate to Hong Kong and operate out of Swift Galey's new corporate office.
One of the leading US producers of denim, SWIFT GALEY also makes twill, poplin, and corduroy for major retailers including Abercrombie & Fitch and Gap. It operates four divisions, with denim sold in each of them: jeans, specialty fabrics for the home, sportswear, and uniforms.
In 2004 the company (then known as Galey & Lord) entered Chapter 11 bankruptcy protection for the second time since 2002. In November 2004 New York-based investment firm Patriarch Partners LLC bought Galey & Lord for approximately $188 million.