Sun Slashes Kellwood Posts
Tuesday, May 13, 2008
By Whitney Beckett
The ax continues to fall at Kellwood Co.
Sun Capital Securities Group LLC, which acquired Kellwood for $762 million three months ago, is cutting executive posts — leaving the New York corporate office bare and the St. Louis headquarters grasping to hold onto staff who fear their jobs will be casualties of consolidation, according to sources.
Sun Capital Securities Group LLC, which acquired Kellwood for $762 million three months ago, is cutting executive posts — leaving the New York corporate office bare and the St. Louis headquarters grasping to hold onto staff who fear their jobs will be casualties of consolidation, according to sources.
