
<PAGE>
 
                                                                    Exhibit 3.24

                              FABRENE GROUP, INC.
                              -------------------

                                 BY-LAW NO. 1

                    being a by-law to regulate the affairs
                                of the Company


                                 ARTICLE NO. I
 
                                    OFFICES
                                    -------

The registered office of the Company shall be located at the City of
Charlottetown in Queens County in the Province of Prince Edward Island. The
Company may also have an office or offices at such other place or places as the
Board of Directors may, from time to time, determine or the business of the
Company may require.

 
                                ARTICLE NO. II
 
                           MEETINGS OF SHAREHOLDERS
                           ------------------------

Annual

SECTION 1. The annual meeting of the shareholders of the Company shall be held
at the head office of the Company or such other place within the Province of
Prince Edward Island as the Directors may determine on such day in each year as
the Directors or the President shall, from time to time, determine for the
purpose of electing directors, appointing auditors for the ensuing year and for
the transaction of all such other business as may properly be brought before the
meeting.

Special General  

SECTION 2. Special general meetings of the shareholders of the Company may be
called by the shareholders under and pursuant to the provisions of the Companies
Act in that behalf or by order of the President, or a Vice-President or by
resolution of the Board of Directors and, subject to the provisions of the
Companies Act, Letters Patent or Supplementary Letters Patent issued to the
Company, any such meeting shall be held at such place and at such time as shall
be fixed by the President, such Vice-President or the Board of Directors.

Notice

SECTION 3. Notice of any meeting of the shareholders of the Company shall state
the time and place of the meeting and the general business to be transacted
thereat and shall be delivered, mailed, telegraphed, cabled, telexed or
otherwise communicated by electronic means that produces a written copy at least
forty-eight hours prior to the date fixed for the holding of such meeting to
each shareholder of record on the books of the Company at the close of business
on the day such notice is given, at the last address of such shareholder
appearing on the books of the Company.
<PAGE>
 
Waiver of Notice

          Any meeting of the shareholders of the Company may be held without
notice to transact any business whatsoever if all the shareholders by an
instrument or instruments in writing (whether signed before, at or after the
meeting) waive all notice of such meeting and of the business transacted or to
be transacted thereat.

          The Company may accept and act upon the written waiver of notice of
any meeting of the shareholders and of the business transacted or to be
transacted at any meeting, or any irregularity in or insufficiency of any such
notice, and any such waiver signed by a shareholder or the duly appointed proxy
of any such shareholder (whether signed before, at or after the meeting) shall
be as effective as due notice of such meeting to such shareholder.

          The accidental omission to give notice of any meeting or the non-
receipt of such notice by a shareholder or shareholders shall not invalidate any
resolution passed or business done at any such meeting.

Quorum 

SECTION 4. Two shareholders present in person, representing in person or by
proxy a majority of the issued and outstanding shares of the capital stock of
the Company entitled to vote shall constitute a quorum for the transaction of
business at any meeting of the shareholders of the Company. In the absence of a
quorum at any such meeting or any adjournment or adjournments thereof, a
majority in voting interest of those present in person or by proxy and entitled
to vote thereat may adjourn such meeting from time to time and if a quorum be
represented at any such adjourned meeting any business can be transacted thereat
which could have been transacted at the meeting as originally called.

          Where the Company has only one shareholder or only one holder of any
class or series of shares, the shareholder present in person or duly
represented, constitutes a meeting.

Vote and Proxy

SECTION 5. Each shareholder may vote at any meeting either in person or by proxy
and shall be entitled to one vote for each share of the capital stock of the
Company then conferring voting rights standing in his or her name on the books
of the Company. A company or corporation entitled to vote may do so by any
person authorized to act as its representative for such purpose.

                                      -2-
<PAGE>
 
Joint Registered Holders
 
          Where there are joint registered holders of any share or shares, any
one of such holders may vote at any meeting either personally or by proxy in
respect of such share or shares as if such holder were solely entitled thereto,
and if more than one of such holders be present at any meeting personally or by
proxy that one of the said holders so present whose name stands first in the
books of the Company or before the other or others in the books of the Company
in respect of such share or shares shall alone be entitled to vote in respect
thereof. Several executors or administrators of a deceased shareholder in whose
name any share or shares stand on the books of the Company shall for the
purposes of this paragraph be deemed joint holders thereof.

          A person may be designated as proxy for a shareholder, notwithstanding
that such person is not a shareholder of the Company.

 
                                ARTICLE NO. III
 
                                   DIRECTORS
                                   ---------

SECTION 1. The affairs of the Company shall be managed by a Board of a minimum
of One (1) Director and a maximum of Seven (7) Directors, as shall be determined
annually by the shareholders.

Election 

SECTION 2. Such Board shall be elected, save as hereinafter provided, by the
shareholders at the annual meeting of the Company (or, in default of election at
such meeting, then at a special general meeting called for such purpose) and
shall hold office (subject to the provisions of Section 3 of this Article) until
the next annual meeting and/or until their successors are elected.

Ballot        

          Such election need not be by ballot unless demanded.

SECTION 3. The shareholders may at any time and from time to time by the
affirmative vote of the holders of three-fifths in number of shares of the
capital stock of the Company then conferring voting rights present in person or
represented by proxy at a special general meeting called for the purpose, remove
from office all or any of the Directors then in office and may elect a new
Director or Directors to fill the vacancy or vacancies caused by such removal.

SECTION 4. In the event of any vacancy in the Board of Directors occurring by
reason of the death or resignation of any Director or by reason of any increase
in the number of the Board of Directors under the provisions of the Companies
Act or by reason of any other cause except removal by the shareholders are
provided in Section 3 of this Article, the Directors then in office, provided
that they constitute a quorum, shall have power by resolution to fill the
vacancy by appointment of a Director to hold office until the next succeeding
annual meeting of shareholders and/or until his successor shall have been
elected or appointed.

                                      -3-
<PAGE>
 
Quorum 

SECTION 5. A majority of the Directors then in office shall form a quorum for
the transaction of business at any meeting of the Board of Directors. Where the
Company has only one Director, the Director present in person, constitutes a
meeting.

Vote 

          A majority vote of the Directors present shall carry and in the case
of an equality of votes the presiding officer shall have the casting vote in
addition to his ordinary vote.

Meetings  

SECTION 6. Meetings of the Board of Directors may be called by order of the
President or a Vice-President at such time and place within the Province of
Prince Edward Island or elsewhere as the President or Vice-President may
determine.

Notice  

SECTION 7. Notice of the holding of any meeting of the Board of Directors shall
be given by telephone, telegraph, cable, delivery or otherwise communicated by
electronic means that produces a written copy at least twenty-four (24) hours
prior to time fixed for such meeting, provided, however, that no notice need be
given to any Director personally present at any meeting and that a written
waiver of notice of any meeting or of the purposes of the meeting (whether
signed before, at or after the meeting) shall be effective as due notice of that
meeting. No notice need be given if there is only one Director of the Company.
At the first meeting of the Board of Directors after election at the annual
meeting or at any meetings at which a Director or Directors has or have been
elected to fill a vacancy or vacancies on the Board, no notice of such meeting
shall be necessary to the newly elected Director or Directors, as the case may
be, in order to legally constitute the meeting.

Dividends  

SECTION 8. The Board of Directors may from time to time declare and provide for
the payment of dividends out of the profits or surplus funds of the company,
provided, however, that no dividend shall be declared when the Company is
insolvent or which renders the Company insolvent or which will impair the
capital of the Company.

Remuneration 

SECTION 9. The Board of Directors shall have power by resolution to fix the
salary and remuneration of any and all officers of the Company and shall have
powers to fix and provide for the remuneration of the Directors from time to
time.

Protection of Directors and Officers  

SECTION 10. No director or officer of the Company shall be liable for the acts,
receipts, neglects or defaults of any other director or officer, or for joining
in any receipts or other act for conformity, or for any loss or expense
happening to the Company through the insufficiency or deficiency of title to any
property acquired by the order of the Board for or on behalf of the Company, or
for the insufficiency or deficiency of any security in or upon which any of the
moneys arising from the bankruptcy, insolvency or tortious act of any person
with whom any loss occasioned by any error of judgment or oversight on his part,
or for any other loss, damage or misfortune whatever which shall happen in the
execution of the duties of his office or in relation thereto unless the same
shall happen through his own dishonesty.

                                      -4-
<PAGE>
 
Indemnity of Directors and Officers
 
SECTION 11. Every director or officer of the Company and his heirs, executors
and administrators and estate and effects respectively shall, from time to time,
and at all times, be indemnified and saved harmless out of the funds of the
Company, from and against:

(a)  All costs, charges and expenses whatsoever which such director or officer
     sustains or incurs in or about any action, suit or proceeding which is
     brought, commenced or prosecuted against him, for or in respect of any act,
     deed, matter or thing whatsoever, made, done or permitted by him, in or
     about the execution of the duties of his office.

(b)  All other costs, charges and expenses which he sustains or incurs in or 
     about or in relation to the affairs thereof except such costs, charges or
     expenses as are occasioned by his own willful neglect or default.

 
                                  ARTICLE IV
 
                                   OFFICERS
                                   --------

President and Vice-President

SECTION 1. At the first meeting of the Board of Directors after their election,
the Directors shall elect from amongst themselves a President and, if deemed
advisable, one or more Vice-Presidents who shall hold office until their
respective successors are elected. The Board of Directors may from time to time
remove all or any of such officers.

Other Officers

SECTION 2. The Board of Directors shall appoint a Secretary and a Treasurer and
may appoint one or more Assistant-Secretaries and/or Assistant-Treasurers and a
General Manager and/or such other officers, agents or attorneys as may be
desired or may combine any of the offices and may remove all or any of such
officers, agents or attorneys from time to time. All officers so appointed
shall, subject to any contract of employment, hold office during the pleasure of
the Board. No such officer, agent or attorney appointed by the Board of
Directors need be a shareholder of the Company.

SECTION 3. Any two offices (except the office of President and Vice-President)
may be held by the same person.

Duties of President

SECTION 4. The President shall, subject to the control of the Board of
Directors, have the general charge and control of the business and affairs of
the Company and of the work and management of the property thereof and may make
and enter into all contracts necessary or proper for the transaction of the
business of the Company.

                                      -5-
<PAGE>
 
Duties of Vice-President

SECTION 5. The Vice-President, or, if there be more than one Vice-President, the
Vice-President designated by the Board of Directors for that purpose, shall, in
the absence or inability to act of the President, perform all the duties and
have all the authority vested in the President by the by-laws of the Company and
the Companies Act.

Presiding Officer 

SECTION 6. The President shall preside at all meetings of the shareholders and
of the Board of Directors of the Company. In the absence of the President from
any such meeting, the Vice-President (or, if there be more than one Vice-
President present, the Vice-President designated by the meeting then being held)
shall preside thereat. In the absence of the President and all Vice-Presidents
from any such meeting a Director designated by the meeting shall president
thereat.

Duties of Secretary 

SECTION 7. The Secretary shall be custodian of the Seal of the Company and
shall, except as the Directors may otherwise determine, have charge of all the
books and records of the Company; he shall, under the direction of the officers
or the Board of Directors as in this by-law provided, issue all notices and call
all meetings of the shareholders and of the Board of Directors; he shall attend
all such meetings; and he shall also keep or cause to be kept a set of books
wherein shall be recorded:

Books

(a)  a copy of the Letters Patent and of any Supplementary Letters Patent issued
     to the Company and of all by-laws of the Company;

(b)  the names, alphabetically arranged, of all persons who are and have been
     shareholders of the Company;

(c)  the address and calling of every such person, while such a shareholder, as 
     far as can be ascertained;

(d)  the names, addresses and calling of all persons who are or have been 
     Directors of the Company, with the several dates at which each became or
     ceased to be such Director;

(e)  the number of shares of each class held by each shareholder;

(f)  the amounts paid in and remaining unpaid, respectively, on the shares of 
     each shareholder.

The Secretary shall also attend to such other duties as may be assigned to him
by the Board of Directors from time to time.

Duties of Treasurer

SECTION 8. The Treasurer shall, except as the Directors may otherwise determine,
have charge of all moneys and securities of the Company and shall keep full and
accurate accounts of all receipts and disbursements and shall attend to such
other duties as may be assigned to him by the Board of Directors from time to
time.

                                      -6-
<PAGE>
 
Duties of other Officers

SECTION 9. All other officers of the Company shall perform such duties as are
incident to their respective offices, and such other duties as shall from time
to time be assigned to them by the President or the Board of Directors.

 
                                 ARTICLE NO. V
 
                            EXECUTION OF DOCUMENTS
                            ----------------------

Execution of Cheques

SECTION 1. All cheques, bills, notes, acceptances and orders from the payment of
money to be signed, drawn, accepted or endorsed by or on behalf of the Company,
shall be signed, drawn, accepted or endorsed by such person or persons and in
such manner as the Board of Directors may from time to time by resolution
provide.

Documents Under Seal

SECTION 2. All contracts, deeds and other documents and instruments to which the
Seal of the Company must be affixed may be signed by or on behalf of the Company
by the President or a Vice-President and by the Secretary or the Treasurer, or
an Assistant-Secretary or an Assistant-Treasurer (or, in the absence or
inability to act of all of these officers, by a Director), or by any person or
persons that the Board of Directors may from time to time designate, and, when
so signed and sealed with the Seal of the Company and delivered, shall be
received as the act of the Company.

SECTION 3. Copies of by-laws, resolutions or other proceedings of the Board of
Directors or shareholders of the Company may be certified under the Corporate
Seal of the Company by the Secretary or an Assistant-Secretary or by any other
officer of the Company appointed to perform this duty by the Board of Directors.

Other Documents 

SECTION 4. All other contracts, agreements, engagements or instruments may be
signed by or on behalf of the Company by such officer, Director, agent or
attorney as the Board of Directors may from time to time by resolution appoint
to perform such duties.

 
                                ARTICLE NO. VI
 
                                    SHARES
                                    ------

Allotment

SECTION 1. Shares in the capital stock of the Company not allotted by the
Letters Patent or any Supplementary Letters Patent, shall be under control of
the Board of Directors who may allot or otherwise dispose of the same at such
time, on such terms and conditions and to such person or class of persons as the
Directors may from time to time by resolution determine.

                                      -7-
<PAGE>
 
Replacement of Share Certificates
 
SECTION 2. If any certificate be worn out or defaced upon surrender thereof, the
Board of Directors may order the same to be cancelled, and upon the fulfillment
of such conditions as the Board of Directors may determine, may issue a new
certificate in lieu thereof.

          If any certificate be lost or destroyed, the Board of Directors, upon
the loss or destruction being established to their satisfaction, and upon such
indemnity being given to the Company as the Board shall require and upon the
fulfillment of such other conditions as the Board may determine, may issue a new
certificate in lieu thereof.

 
                                ARTICLE NO. VII
 
                                  FISCAL YEAR
                                  -----------

The financial year of the Company shall terminate on such day in each year as
the Board of Directors may from time to time by resolution determine.

 
ENACTED by the Board of Directors this 10th day of May, 1996.

 
                                  /S/ JERRY ZUCKER
                                  ---------------------------------------------
                                  President

 
                                  /S/ PETER C. BOURGEOIS
                                  ---------------------------------------------
                                  Secretary

 
CONFIRMED by the Shareholders in accordance with the Companies Act (P.E.I.) this
10th day of May, 1996.

 
                                  /S/ PETER C. BOURGEOIS
                                  ---------------------------------------------
                                  Secretary

                                      -8-
<PAGE>
 
                              FABRENE GROUP, INC.
                              -------------------

                                  BY-LAW NO. 2

                        being a General Borrowing By-Law


     1.   The Directors may and they are hereby authorized from time to time, 
          to:

     (a)  Borrower money upon the credit of the Company;

     (b)  Limit or increase the amount to be borrowed;

     (c)  Issue bonds, debentures, debenture stock or other securities of the
          Company;

     (d)  Pledge or sell such bonds, debentures, debenture stock or other
          securities for such sums and at such prices as may be deemed 
          expedient;

     (e)  Mortgage, hypothecate, charge or pledge all or any of the real or
          personal property, undertaking and rights of the Company, to secure
          any such bonds, debentures, debenture stock or any other liability of
          the Company;

     2.   The Directors may from time to time by resolution delegate to the
President and the Secretary or to any two officers of the Company (including the
President or the Secretary) all or any of the powers conferred on the Directors
through paragraph 1 of this by-law to the full extent thereof or such lesser
extent as the Directors may in any such resolution provide.

     3.   The powers hereby conferred shall be deemed to be in supplement of and
not in substitution for any powers to borrow money for the purposes of the
Company possessed by its Directors or officers independently of a borrowing by-
law.

          ENACTED by the Board of Directors this 10th day of May, 1996.

 
                                  /S/ JERRY ZUCKER
                                  ---------------------------------------------
                                  President

                                  /S/ PETER C. BOURGEOIS
                                  ---------------------------------------------
                                  Secretary

 
          CONFIRMED by the Shareholders in accordance with the Companies Act
(P.E.I.) this 10th day of May, 1996.

                                  /S/ PETER C. BOURGEOIS
                                  ---------------------------------------------
                                  Secretary

                                      -9-
<PAGE>
 
                              FABRENE GROUP, INC.
                              -------------------

                                  BY-LAW NO. 3

                         being a General Banking By-Law


     (a) The Directors may from time to time borrow money from any Bank (herein
called the "Bank") upon the credit of the Company on cheques, promissory notes,
bills of exchange or otherwise in such amounts and subject to such terms as may
be considered advisable; and may assign, transfer, convey, hypothecate,
mortgage, charge or pledge to or in favour of the Bank any property of the
Company, real or personal, moveable or immoveable, present or future, including
book debts, unpaid calls, rights, powers, undertaking, franchises and the
Company's own debentures, as security for the fulfillment of any liabilities or
obligations, present or future, of the Company to the Bank and may empower the
Bank or any person or persons to sell by public or private sale, assign,
transfer or convey from time to time any such property; and may sign, make,
draw, accept, execute and deliver on behalf of and in the name of the Company
all such cheques, promissory notes, bills of exchange, drafts, acceptances,
orders for the payment of money, warehouse receipts, bills of lading, agreements
to give security, assignments, transfers, conveyances, hypothecs, mortgages,
pledges, securities and other agreements, documents, and instruments as may be
necessary or useful in connection with the borrowing of money by any other
banking business of the Company.

     (b) The Directors may authorize any one or more Directors, officers,
employees or agents of the Company to exercise any of the rights, powers and
authorities conferred by this By-law upon the Directors.

     (c) The borrowing of money from the Bank from time to time heretofore under
the authority of the Directors of the Company and the giving of security
therefore are hereby ratified and confirmed.

     (d) This By-law shall continue in force as between the Company and the Bank
until a By-law repealing this By-law shall have been validly passed and
confirmed and a copy thereof, duly certified under the seal of the Company,
shall have been delivered to the Bank and receipt thereof acknowledged by the
Bank.

          ENACTED by the Board of Directors this 10th day of May, 1996.

                                    /S/ JERRY ZUCKER
                                    -------------------------------------------
                                    President

                                    /S/ PETER C. BOURGEOIS
                                    -------------------------------------------
                                    Secretary

          CONFIRMED by the Shareholders in accordance with the Companies Act
(P.E.I.) this 10th day of May, 1996.

                                    /S/ PETER C. BOURGEOIS
                                    -------------------------------------------
                                    Secretary

                                      -10-
