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Gildan Activewear says this year's results will be hampered by weak 4th quarter

2015-11-12 17:49:41| Apparel - Topix.net

The Montreal-based clothing manufacturer says sales of from its Gildan branded clothing initiative are now expected to grow by only 12 per cent this year, compared with the previous estimate of 15 per cent. The clothing maker, which is a major supplier of underwear and socks sold under various brand names, ramped up efforts earlier this to promote its Gildan brand.

Tags: results years quarter 4th

 

Gildan Activewear trims FY outlook

2015-11-12 16:00:00| Daily apparel & textile news and comment - from just-style.com

Apparel maker Gildan Activewear has lowered its full-year outlook, after a third quarter in which it saw lower-than-expected sales of its Gildan branded clothing and a weaker-than-expected back-to-school period. 

Tags: outlook trims activewear gildan

 
 

CEO of Gildan Activewear selling four million shares worth $172 million

2015-08-11 09:34:58| Apparel - Topix.net

The founder and CEO of Gildan Activewear is once again selling a big block of his shares in the apparel manufacturer. Glenn Chamandy has entered into a plan with a Canadian financial institution to sell up to four million of his common shares in the Montreal-based company over the next year.

Tags: million worth selling shares

 

Raw material supplier audits a highlight for Gildan

2015-08-03 16:37:00| Daily apparel & textile news and comment - from just-style.com

Auditing key raw material suppliers was among the key achievements for Gildan Activewear in 2014, as part of the company's social compliance programme which aims to drive best practices in the apparel industry.

Tags: material raw highlight supplier

 

Inventory and price cuts hurt Gildan Activewear Q2

2015-08-03 13:01:00| Daily apparel & textile news and comment - from just-style.com

Retailer inventory reductions and ?weak printwear sales in Europe weighed on Gildan Activewear's second-quarter performance, with the US apparel manufacturer now expecting full-year earnings and sales to be at the bottom end of its earlier guidance.

Tags: price inventory hurt cuts

 

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