In the 1950s, when he was a young sales manager for Fieldcrest Mills Inc., Mr. Tracy promoted the company’s Royal Velvet towels. “You’ve never known what real towel luxury can be until you caress ...

For decades, Americans have slept between Fieldcrest, Cannon and Charisma sheets and dried themselves on Royal Velvet towels. The labels are staples of department stores from coast to coast and, in ...