Warnaco Group controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2004
SEC accounting investigation
The Securities and Exchange Commission announced a settlement after investigating Warnaco and its auditor over an alleged $145 million inventory overstatement in the company's 1998 Form 10-K and related public reporting. The matter involved subsequent earnings restatement issues.
1999
Saipan labor litigation
Warnaco was among apparel companies named in litigation alleging recruitment-fee schemes, passport confiscation, coercive contracts, and poor working conditions at Saipan garment factories. The company denied wrongdoing and settled in 1999 without admitting liability. The broader litigation later produced a collective settlement and improved oversight.
1915
Bridgeport factory strike
Approximately 1,300 women and girls initially walked out at the Bridgeport corset factory seeking an eight-hour day and higher wages. The dispute expanded among organized textile workers, and management ultimately offered an eight-hour day and a 12.5 percent raise. A worker was reportedly injured during events surrounding the strike.