MISGAV, Israel, July 13, 2010 /PRNewswire-FirstCall/ -- Tefron
(NYSE:TFR, TASE: TFR), ("Tefron"), a leading producer of seamless
intimate apparel and engineered-for-performance (EFPTM) active
wear, today announced the appointment of Rebecca Zuber as Chief Marketing Officer for
North America.
Ms. Zuber will be based in Tefron's New York office and will be responsible for
all US accounts across both intimate apparel and sports active
wear. The appointment of Ms. Zuber, an industry executive, reflects
the importance that Tefron places on strengthening its sales
efforts and customer service in the US.
Ms. Zuber brings a plethora of industry knowledge to Tefron,
having worked for 12 years at Delta Galil, an intimate apparel
manufacturer, in design, sales, and senior managerial positions,
including Executive Vice President of Design and Merchandising and
President of Delta NY Ltd. Following her work at Delta Galil, Ms.
Zuber worked as a Creative Consultant with leading suppliers of
sportswear and sleepwear to major retail chains, where she
identified and implemented relevant trends and new global concepts.
Ms. Zuber has a BA in Business and Design from West London College, London, UK.
Commenting on the appointment of Ms. Zuber as Chief Marketing
Officer, Tefron's CEO, Amit Meridor,
said, " Rebecca has the managerial, analytical and creative skills
necessary to build and maintain Tefron's multifaceted sales and
customer service efforts. Rebecca's broad-based experience will
enable her to collaborate with design, development, and sales team
in Israel in order to create
products that meet customer demands and secure Tefron's leadership
position."
About Tefron
Tefron manufactures boutique-quality everyday seamless intimate
apparel, active wear and swimwear sold throughout the world by such
name-brand marketers as Victoria's Secret, The Gap, J.C. Penney, Wal-Mart, lululemon Athletica,
Calvin Klein, Maidenform, Patagonia,
Reebok, , and El Corte Englese, as well as other well known
retailers and designer labels. The company's product line includes
knitted briefs, bras, tank tops, boxers, leggings, crop, T-shirts,
nightwear, bodysuits, swimwear, beach wear and active-wear.
This press release contains certain forward-looking statements,
within the meaning of Section 27A of the US Securities Act of 1933,
as amended, Section 21E of the US Securities Exchange Act of 1934,
as amended, and the safe harbor provisions of the US Private
Securities Litigation Reform Act of 1995, with respect to the
Company's business, financial condition and results of operations.
We have based these forward-looking statements on our current
expectations and projections about future events.
Words such as "believe," "anticipate," "expect," "intend,"
"will," "plan," "could," "may," "project," "goal," "target," and
similar expressions often identify forward-looking statements but
are not the only way we identify these statements. Except for
statements of historical fact contained herein, the matters set
forth in this press release regarding our future performance, plans
to increase revenues or margins and any statements regarding other
future events or future prospects are forward-looking
statements.
These forward looking statements are subject to risks and
uncertainties that could cause actual results to differ materially
from those contemplated in such forward-looking statements,
including, but not limited to:
- the effect of the worldwide recession on our sales to our customers in
the United States and in Europe and on our ability to finance our
operations;
- our customers' continued purchase of our products in the same
volumes or on the same terms;
- the failure of any of our principal customers to satisfy its
payment obligations to us;
- the cyclical nature of the clothing retail industry and the
ongoing changes in fashion preferences;
- the competitive nature of the markets in which we operate, including
the ability of our competitors to enter into and compete in the
seamless market in which we operate;
- the potential adverse effect on our business resulting from our
international operations, including increased custom duties and import
quotas (e.g., in China, where we manufacture for our swimwear division)
- fluctuations in inflation and currency rates;
- the potential adverse effect on our future operating efficiency
resulting from our expansion into new product lines with more
complicated products, different raw materials and changes in market
trends;
- the purchase of new equipment that may be necessary as a result
of our expansion into new product lines;
- our dependence on our suppliers for our machinery and the
maintenance of our machinery;
- the fluctuations costs of raw materials;
- our dependence on subcontractors in connection with our
manufacturing process
- our failure to generate sufficient cash from our operations to
pay our debt;
- political, economic, social, climatic risks, associated with
international business and relating to operations in Israel;
As well as certain other risks detailed from time to time in the
Company's filings with the Securities and Exchange Commission. The
Company undertakes no obligation to publicly release any revisions
to these forward-looking statements to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events.
Contacts
Company Contact:
Eran Rotem
Chief Financial Officer
+972-4-990-0881
reran@tefron.com
SOURCE Tefron Ltd