As mentioned in M& D disclosures, the Company is also exposed to market risk from foreign currency exchange rate fluctuations with respect to various cross-currency intercompany loans which are not long term in investment nature To manage the exchange rate risk related to these loans, the Company primarily enters into forward exchange and cross-currency swap contracts. As of June 27, 2015 the total notional values of outstanding forward foreign currency exchange and cross-currency swap contracts related to these loans were $25.8 million. …show more content…
owns the largest share of the $21 billion baby and young children’s apparel market (ages zero to seven) in the United States as well as the $2 billion market in Canada. The two of the best known and trusted brand names in young children’s apparel, Carter’s and OshKosh B’gosh belong to Carter’s Inc.. Both of these iconic brands have more than 100 years of rich history; Carter’s was established in 1865 and OshKosh B’Gosh in 1895. The brand has the broadest distribution of young children’s apparel in the market. In 2015, their multi-channel business model generated $3.0 billion in net sales. (Carter’s 2015, page