Exhibit 99.2


                               [BLAIR CORPORATION]

FOR IMMEDIATE RELEASE:
CONTACTS:
Blair Corporation                                    Carl Hymans
Kent Sivillo, VP/Treasurer                           G.S. Schwartz & Co.
Thomas McKeever, VP/Corporate Affairs                212-725-4500
814-723-3600                                         carlh@schwartz.com

          BLAIR CORPORATION ANNOUNCES REVOLVING CREDIT FACILITY OF UP TO $30
                MILLION AND COMPLETION OF A SECURITIZATION OF UP
                         TO $100 MILLION IN RECEIVABLES

WARREN, Pa., (January 8, 2001) - Blair Corporation, (Amex: BL) (www.blair.com) a
national catalog and direct marketer of women's and men's apparel and home
products, today announced that on December 20, 2001, the Company successfully
closed a revolving credit facility of up to $30 million, secured by certain
assets of the Company and its subsidiaries, with PNC Bank, National Association
and certain other banks. At the present time, $10 million of the $30 million is
available to Blair, with the balance obtainable upon meeting certain provisions.
To date, the Company has not drawn down any amount under this revolving credit
facility.

In addition, on December 20, 2001, Blair completed a securitization of up to
$100 million in accounts receivables with PNC Bank, National Association, and
certain conduit purchasers. At the present time, $50 million of the $100 million
is available to Blair, with the balance obtainable upon meeting certain
provisions. The Company currently has $15 million outstanding, the minimum
amount required to be outstanding, under the Receivables Purchase Agreement.

Both the credit facility and the securitization have three-year terms, unless
otherwise extended or amended.

ABOUT BLAIR
Headquartered in Warren, Pennsylvania, Blair Corporation sells a broad range of
women's and men's apparel and home products through direct mail marketing and
its website at www.blair.com, in addition to other websites. Blair Corporation
employs over 2,500 people and operates facilities and retail outlets in
Northwestern Pennsylvania as well as a catalog outlet in Wilmington, Delaware.
The Company, which has annual sales of more than $570 million, is publicly
traded on the American Stock Exchange (AMEX-BL).

This release contains statements relating to future results of the Company
(including certain projections and business trends) that are "forward-looking
statements" as defined in the Private Securities Litigation Reform Act of 1995.
Actual results may differ materially from those projected as a result of certain
risks and uncertainties, including but not limited to, changes in political and
economic conditions, demand for and market acceptance of new and existing
products, as well as other risks and uncertainties detailed in the most recent
periodic filings of the Company with the Securities and Exchange Commission.