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SHEFFIELD INDUSTRIES ACQUIRES EXCLUSIVE DISTRIBUTION RIGHTS OF T-SHIRT COMPANY

 SHEFFIELD INDUSTRIES ACQUIRES EXCLUSIVE DISTRIBUTION RIGHTS
 OF T-SHIRT COMPANY
 MIAMI, March 9 /PRNewswire/ -- Sheffield Industries, Inc. (NASDAQ: HOSE), manufacturers and distributors of ladies sheer hosiery products, has acquired the exclusive distribution rights of Super Team Sports Corporation ("STS") and Grand Slam Sportswear, Inc. ("GSS") for $750,000 in newly issued Sheffield common stock, approximately 58,000 shares. STS and GSS are private companies based in Miami. that print T-shirts, sweat shirts, sweat pants and other products under licenses and contracts from 48 colleges and universities. This agreement is for a period ending June 30, 1995. In addition, Sheffield has the right to acquire the assets of the manufacturing operations of STS after June 30, 1995.
 The agreements provide that Sheffield will be responsible for sales and marketing as well as distribution functions.
 Mitchell A. Hammer, president of Sheffield, said, "This transaction expands our product lines giving us the opportunity to maximize the strong customer relationships that have been built over the last 37 years. This transaction is consistent with our business plan to aggressively develop an international consumer products company."
 Sheffield Industries, Inc. manufactures more than 60 styles of ladies hosiery including plain and textured pantyhose, knee-highs and tights primarily under the private labels of its customers which include K-Mart, WalMart, J.C.Penney, Rite-Aid, F.W.Woolworth, PharMor, Family Dollar, Payless Shoe Source and Sears, Sheffield also manufactures and markets "Fruit of the Loom" pantyhose, knee-highs and children's tights and fashion-oriented products in its "Chic" brand label program.
 -0- 3/9/92
 /CONTACT: Mitchell A. Hammer, president of Sheffield Industries, 305-624-8493/
 (HOSE) CO: Sheffield Industries, Inc. ST: Florida IN: TEX SU:


SH-OS -- NY058 -- 6451 03/09/92 13:40 EST
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Publication:PR Newswire
Date:Mar 9, 1992
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