USA: Fruit Of The Loom Resolves Gildan Lawsuit
Fruit of the Loom has called off legal proceedings against Gildan Activewear. In April, it accused rival t-shirt manufacturer Gildan Activewear of industrial espionage saying Gildan stole the company's operating plans and lured away some of its top executives. A US district court judge in Illinois had issued an order for a return of the documents and that Gildan not use or disclose any information contained in them, including sales strategies, customer information, product development plans and pricing strategies.
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