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RG Barry expects to resume shipments from Texas facility next week

11
Apr '08
Accessory footwear marketer R.G. Barry Corporation, the Dearfoams company, expects little disruption to its business after an apparent tornado struck the company's San Angelo, Texas, distribution center early.

The storm stuck the 173,000 square foot facility, which was closed for the day, shortly after midnight Central Time. No injuries were reported.

The Company, one of the world's leading developers and marketers of accessory category footwear, distributes approximately 20-to-25 percent of its annual business through the San Angelo facility. The bulk of the Company's business is handled through third-party logistics facilities in southern California.

Senior Company officials estimate that approximately 30 percent of the building's high-bay distribution area was damaged or destroyed by the storm. The Company has begun the process of activating a backup distribution facility in the San Angelo area and expects to resume shipments from there as early as next week.

The Company said there would be no interruption in the employment status of the approximately 35 full-time employees at the distribution center.

The San Angelo distribution center is principally used to fulfill sales to retailers of the Company's Terrasoles and licensed Superga brands; sales to consumers through the Company's various e-commerce sites; and to handle end-of-season returns.

The facility, inventory and business continuity are fully insured.

R.G. Barry Corporation


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