August 1, 2004

STRATEGY Feltex Repiled: A yarn about board and executive harmony

Iconic brands, a money-savvy board, a strong balance sheet, managers that cut their teeth in the carpet game, an IPO-friendly environment and a primary market-based business that’s headed for boom times. It’s the sort of business cocktail most companies can only wish for when gearing up to go public. So how did Feltex rise from the ashes of its Equiticorp-tainted past?

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