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. Last Updated: 07/27/2016

OshKosh Closings

OSHKOSH, Wisconsin () -- OshKosh B'Gosh Inc. said it will shut clothing factories in Tennessee and close retail stores, eliminating 1,000 jobs under a plan announced last month in response to shrunken profits. The cutbacks and winding down of European subsidiaries are part of second-quarter adjustments to reduce after-tax net income by approximately $7 million to $8 million, or 56 cents to 64 cents a share, it said Wednesday. OshKosh B'Gosh specializes in children's apparel, distributed in 70 countries.