Fieldcrest Cannon takes a look back with reunion
December 31, 1969,
NEW YORK — In a celebration virtually unprecedented in scope and intensity of feeling, about 150 veterans of Fieldcrest Inc. — later Fieldcrest Cannon, and, still later, Pillowtex Corp. — reunited during market week to commemorate a major mill once known as the 'aristocracy' of the industry and its now vanished culture.
"Is this not the best party you've ever seen in your life?" asked a grinning Jim Fitzgibbons, former chairman and ceo.
"There's no other company in the industry that could do something as wonderful as this. It was a very special place and a very special group of people — such creativity, such excitement, so much fun," said David Tracy, the marketing mastermind who conjured up the concept of the towel wall, and later Royal Velvet, during his Fieldcrest tenure.