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Gildan Activewear to buy bankrupt American Apparel for $66m

2016-11-14 11:03:00| Daily apparel & textile news and comment - from just-style.com

Canada's Gildan Activewear is hoping to acquire the American Apparel brand in a deal worth around US$66m, which was struck after the troubled US retailer today (14 November) filed for Chapter 11 bankruptcy protection for the second time in just over a year.

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