CANADA: Gildan eyes growth as Q3 profit falls 24%
By just-style.com | 14 August 2009
Lower sales of higher-value fleeces and long-sleeve T-shirts have helped push Gildan Activewear Inc to a 23.9% drop in third quarter profit, although the market was buoyed by its optimistic outlook for sales growth next year.
just-style articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
CANADA: Gildan sees growth in private label brands
T-shirt and underwear maker Gildan Activewear Inc is hoping to ramp up its role as a supplier of private label brands to US retailers following the launch of a new underwear programme for Walmart.
HAITI: Palm Apparel planning to restart production
Clothing maker Palm Apparel Group, one of the firms hardest hit by the earthquake that devastated Haiti last month, is planning to restart production at two new locations it emerged yesterday (9 February).
CANADA: Gildan Activewear Q1 profit soars five-fold
T-shirt and underwear maker Gildan Activewear Inc has reconfirmed its outlook for the year after booking a five-fold hike in first quarter profit helped by strong activewear sales and lower production costs.
