Pillowtex was a United States

United States

The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 textile

Textile

A textile or cloth is a flexible woven material consisting of a network of natural or artificial fibres often referred to as thread or yarn. Yarn is produced by spinning raw fibres of wool, flax, cotton, or other material to produce long strands...

 manufacturing

Manufacturing

Manufacturing is the use of machines, tools and labor to produce goods for use or sale. The term may refer to a range of human activity, from handicraft to high tech, but is most commonly applied to industrial production, in which raw materials are transformed into finished goods on a large scale...

 company from 1954 to 2003. Pillowtex was originally a pillow, mattress pad and down or synthetic comforter maker. They bought Fieldcrest who made products by the brands Cannon, Royal Velvet, Fieldcrest, Charisma, and others. Its brands were purchased by Iconix Brand Group

Iconix Brand Group

Iconix Brand Group is a brand management company that licenses brands to retailers and manufacturers primarily in the apparel, footwear, and apparel accessory industries. Its brands are available in such stores as Kohl's, Kmart, Sears, Macy's, Target and JC Penney.The company began as Candie's,...

 in 2007.
http://www.reuters.com/article/governmentFilingsNews/idUSN0130531720071001 It was publicly traded on NYSE as PTX. It ended its operations in 2003 when it filed for bankruptcy

Bankruptcy

Bankruptcy is a legal status of an insolvent person or an organisation, that is, one that cannot repay the debts owed to creditors. In most jurisdictions bankruptcy is imposed by a court order, often initiated by the debtor....

.

http://www.pacificpillows.com/pillowtex.html The Pillowtex brand was bought by www.PacificPillows.com in 2009 and memory and latex foam pillows are now sold under the Pillowtex name.