Fleece makers: sweating out a tough new ballgame. (sport clothes makers)

Daily News Record | April 29, 1991| | Copyright

FLEECE MAKERS SWEATING OUT A TOUGH NEW BALLGAME

NEW YORK -- After nearly a decade of steady expansion, the fleece market has been stricken with a severe bout of growing pains.

Later-than-expected orders, a glut of fleece in the market and a recession that has weakened consumer demand have dealth a heavy blow to large makers, forcing them to absorb huge drops in earnings and begin a spate of cost-cutting and refocusing measures.

Like nearly every other product category, fleece is undergoing a period of adjustment to new retail realities, said stores ...

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