Kayser-Roth Explained

Kayser-Roth Corporation
Type:Subsidiary
Predecessor:Julius Kayser & Co. and Chester H. Roth Company
Location City:Greensboro, North Carolina
Location Country:United States
Area Served:North America
Key People:Nicola Gallotti (president and CEO)
Industry:Underwear and hosiery
Products:Hosiery, socks, lingerie, sleepwear
Parent:Golden Lady Company S.p.A.
Divisions:No Nonsense
Hue
Burlington
Homepage:http://www.kayser-roth.com/
Founder:Chester H. Roth
Julius Kayser

Kayser-Roth Corporation (a subsidiary of) is an underwear and hosiery manufacturer based in Greensboro, North Carolina. The company currently markets three owned brands in North America: No Nonsense, Hue, and Burlington.

History

Julius Kayser & Co., the predecessor to the modern Kayser-Roth Corporation, was founded in the early 20th century by Julius Kayser and was a manufacturer of hosiery, lingerie and gloves. In 1958, the company purchased the Chester H. Roth Company, forming Kayser-Roth. Alfred P. Slaner, the first head of the merged company, developed Supp-Hose hosiery.[1] [2]

In 1962, Kayser-Roth acquired Interwoven hosiery company,[3] [4] continuing to use the Interwoven brand, until it was merged with Esquire brand in 1971 to Interwoven-Esquire.[5]

In 1968, a merger with Penn Central Transportation Company was explored, however terms could not be agreed on.[6] [7] [8] Kayser-Roth merged with the Commonwealth Shoe and Leather Co. that same year, acquiring the Bostonian shoe brand.

In 1973, in order to compete with the L'eggs brand (currently owned by HanesBrands), Kayser-Roth launched No Nonsense, which was one of the first brands of hosiery to be sold in supermarkets, drugstores and discount department stores. In 1975, Kayser-Roth was purchased by conglomerate Gulf+Western Industries.

In the years under Gulf+Western's ownership, improvements were made to Canadian manufacturing plants, most notably in Ontario and Quebec. Forays into diverse markets such as the automotive industry were carried out. During the late-1970s and early-1980s almost every GM automobile produced had Kayser-Roth components on board.

In 1984, Kayser-Roth acquired the women's underwear division of Calvin Klein Industries and the use of the designer's name for that business.[9]

In 1985, Gulf+Western began divesting all of its non-entertainment enterprises, with Kayser-Roth being sold to the Wickes Companies. In 1993, the Mexican hosiery manufacturer Grupo Synkro purchased the company for approximately $230 million.[10]

In 1999, Italian Golden Lady, the largest hosiery manufacturer in Europe, acquired Kayser-Roth Corporation from Grupo Synkro and reorganized the company. During the 2000s, the No Nonsense brand expanded to include bras, panties, sleepwear, socks for women and men, and foot comfort products.

In April 2011, Kayser-Roth partnered to become an exclusive distributor of socks and hosiery for Jockey International.

Today, Kayser-Roth products are featured on the television show Gossip Girl (2007–2012) and have also previously been showcased on The View (1997-present).

External links

Notes and References

  1. Web site: Kayser Roth Corporation . Textile Industry History . 2010-09-04 . dead . https://web.archive.org/web/20100910094718/http://www.textilehistory.org/Kayser-RothNC.html . 2010-09-10 .
  2. Web site: Alfred Slaner, Executive Who Developed Supp-Hose . South Florida Sun-Sentinel. March 15, 1996 .
  3. Web site: Interwoven Mills, Martinsburg (1890-1976) . 2023-04-20 . Clio . en.
  4. Web site: Jenrette . Jerra . Interwoven Mills . 2023-04-20 . The West Virginia Encyclopedia.
  5. News: 1971-12-08 . Brands to Be Combined . en-US . The New York Times . 2023-04-20 . 0362-4331.
  6. Kayser-Roth to join Penn Central about Jan 1 Railway Age October 7, 1968 page 1
  7. Merger dropped by Penn Central New York Times November 7, 1968 page 65
  8. Penn Central, Kayser-Roth merger halted Railway Age November 11, 1968 page 7
  9. News: Calvin Klein, Kayser-Roth. The New York Times. August 28, 1984.
  10. Web site: GRUPO SYNKRO AND MEXICAN INVESTMENT GROUP AGREE TO ACQUIRE KAYSER-ROTH CORPORATION. PR Newswire Association LLC. 2010-09-04. 2012-10-21. https://web.archive.org/web/20121021020746/http://www.thefreelibrary.com/GRUPO+SYNKRO+AND+MEXICAN+INVESTMENT+GROUP+AGREE+TO+ACQUIRE...-a014659839. dead.