Taking a Step Ahead for Labor in Union-made ShoesTwo decades after a brush with prison turned his loud life into a quiet suburban existence, a former political crusader is suddenly muscling his way back into activism, albeit in a new arena: the sneaker business.On May 1, “May Day,” Adam C. Neiman, 47, plans to strike a blow for union labor in the apparel industry by unloading his first…Read more
Bush Picks Nix Bailout For Famed Fleece MillEven as the White House promises to make the creation of manufacturing jobs a top priority, an independent government bank run by presidential appointees is refusing to guarantee a $35 million loan that could save a famed company with 1,200 employees in New England.Legendary Malden Mills owner Aaron Feuerstein’s chances of regaining control of…Read more
Fabled Mill Owner Works To Manufacture a MiracleLAWRENCE, Mass. — Fortune almost smiled last month on Malden Mills, a textile company that’s all too familiar with misfortune. A group of longtime accountants and administrators working for the clothing manufacturer had purchased a lottery ticket, hoping to win the $180 million jackpot, buy their bankrupt company back…Read more
Bush Picks Nix Bailout For Famed Fleece MillEven as the White House promises to make the creation of manufacturing jobs a top priority, an independent government bank run by presidential appointees is refusing to guarantee a $35 million loan that could save a famed company with 1,200 employees in New England.Legendary Malden Mills owner Aaron Feuerstein’s chances of regaining control of…Read more
Fabled Mill Owner Works To Manufacture a MiracleLAWRENCE, Mass. — Fortune almost smiled last month on Malden Mills, a textile company that’s all too familiar with misfortune. A group of longtime accountants and administrators working for the clothing manufacturer had purchased a lottery ticket, hoping to win the $180 million jackpot, buy their bankrupt company back…Read more
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Yossi Alpher