OTHER NEWS - Oct. 26, 1992

Farley Resigns as West-Point Pepperell Chairman: Chicago industrialist William P. Farley said he has resigned as chairman and chief executive of textile maker West Point-Pepperell Inc. to devote more time to his duties as head of Fruit of the Loom Inc. Holcombe T. Green Jr., who heads an Atlanta investment partnership, was elected to succeed Farley as chairman and interim chief executive. Farley also resigned as chairman and chief executive of Pepperell’s parent company, Valley Fashions Inc. Fruit of the Loom, which has no corporate relationship to Pepperell, has been working to broaden its offerings beyond its famous-label men’s and boys’ underwear to apparel for the entire family. Pepperell emerged from bankruptcy in September after two years of court hearings.