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Gildan Activewear suspends production on Covid-19 fallout

2020-03-24 13:10:00| Daily apparel & textile news and comment - from just-style.com

Gildan Activewear is temporarily suspending production at all of its manufacturing facilities until mid-April amid the coronavirus (Covid-19) pandemic.

Tags: production fallout suspends activewear

 

Lower sales and strategy charge hit Gildan Activewear

2020-02-21 11:19:00| Daily apparel & textile news and comment - from just-style.com

Gildan Activewear has reported a drop in fourth-quarter and full-year profit after being hit by falling sales and a charge related to a shift in strategy aimed at simplifying its product portfolio and reducing complexity in manufacturing and distribution.

Tags: sales lower hit charge

 
 

Gildan to move textile & sewing production out of Mexico

2019-11-01 13:02:00| Daily apparel & textile news and comment - from just-style.com

Canadian apparel maker Gildan Activewear is to close its Mexican manufacturing operations in a move it says will affect about 1,700 employees as it shifts its sewing and textile equipment to existing facilities in Central America and the Caribbean Basin.

Tags: production move mexico textile

 

Gildan to invest $5m in North Carolina yarn mill

2019-10-23 13:02:00| Daily apparel & textile news and comment - from just-style.com

Canadian activewear company Gildan Corp. is to invest US$5m into a new yarn spinning mill in Eden, North Carolina.

Tags: north carolina mill invest

 

Gildan Activewear narrows FY guidance on "weak" demand

2019-10-18 12:38:00| Daily apparel & textile news and comment - from just-style.com

Canadian apparel maker Gildan Activewear has narrowed its full-year guidance on the back of "significantly weaker" than expected demand for imprintables in North America and ongoing softness in its international markets.

Tags: demand guidance weak narrows

 

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