WestPoint Stevens Announces Licensing Agreement with Avanti Linens for Embellished Towels Under WPS Brands
23 Mars 2004 - 8:46PM
PR Newswire (US)
WestPoint Stevens Announces Licensing Agreement with Avanti Linens
for Embellished Towels Under WPS Brands WEST POINT, Ga., March 23
/PRNewswire-FirstCall/ -- WestPoint Stevens Inc. (BULLETIN BOARD:
WSPT) ( http://www.westpointstevens.com/ ) todayannounced a new
licensing agreement for Avanti Linens to produce embellished towels
under WestPoint Stevens' popular brands. "This alliance with Avanti
-- the nation's premier producer of embellished towels -- is a
strong, significant partnership: thepower of our famous brands at
retail and the quality of our solid-color towels combined with the
design and manufacturing expertise of Avanti," said Robert B. (Bob)
Dale, President of WestPoint Stevens Bed and Bath Division.
"Embellished towels from Avanti offer pattern alternatives to our
solid- color businesses, complement the products of our Maples Rugs
offerings and provide a line extension to our rapidly growing bath
accessory business -- obviously a more complete bathroom offering
now," Mr. Dale emphasized. "It's also another facet of support for
our ongoing Chromatherapy strategy for marketing color." Under the
Avanti alliance -- latest in a continuing development of key
licensing agreements that expand the product range of WestPoint
Stevens' famous brands -- the Company will supply solid-color
towels to be embellished by Avanti and sold under Company-owned
brands including the flagship Martex(R), as well as Grand
Patrician(R), Atelier Martex(R), Patrician(R), Utica(R) and Lady
Pepperell(R). Avanti Linens, founded in 1969, is regarded as the
leading producer of fine-quality embellished and bordered towels
and noted for design excellence. Avanti is represented in over 80
percent of all major U.S. department stores, as well as bath shops
and specialty stores across the country. The major Avanti
production categories are towels with borders, towels with
appliques and towels with embroidered motifs, offered in delicate
traditional designs, innovative contemporary looks and those with
masculine and feminine motifs. "Avanti is very excited about our
new alliance with WestPoint Stevens. We believe in the WestPoint
Stevens brands such as Grand Patrician(R) and Martex(R) and know we
can bring added customer value to them as a key part of WestPoint's
strategic goal of enhancing bath offerings in brand, color,
embellishment and complete accessorization," said Avanti Linens
President Michael Tauber. WestPoint Stevens Inc. is the nation's
premier home fashions consumer products marketing company, with a
wide range of bed linens, towels, blankets, comforters and
accessories marketed under the well-known brand names GRAND
PATRICIAN, PATRICIAN, MARTEX, ATELIER MARTEX, BABY MARTEX, UTICA,
STEVENS, LADY PEPPERELL, SEDUCTION, VELLUX and CHATHAM -- all
registered trademarks owned by WestPoint Stevens Inc. and its
subsidiaries -- and under licensed brands including RALPH LAUREN
HOME, DISNEY HOME, GLYNDA TURLEY and SIMMONS BEAUTYREST. WestPoint
Stevens can be found on the World Wide Web at
http://www.westpointstevens.com/ . Avanti Linens, founded in 1969,
offers the finest in embellished and bordered towels, with more
than 80 patterns offered in a mixture of borders and embroidered
motifs. In addition to the quality of its designs, Avanti isalso
noted for its wide assortment of colors and its outstanding
customer service. Avanti, based in Moonachie, N.J., can be found on
the World Wide Web at http://www.avantilinens.com/ . Contact:
Lorraine D. Miller, CFA Senior Vice President - Finance and
External Communications 404.378.0491 DATASOURCE: WestPoint Stevens
CONTACT: Lorraine D. Miller, CFA, Senior Vice President - Finance
and External Communications of WestPoint Stevens, +1-404-378-0491
Web site: http://www.westpointstevens.com/
http://www.avantilinens.com/
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