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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

 

Gildan Activewear reports US$99.4M Q2 profit, down from $166M a year ago

2015-07-31 15:50:22| Apparel - Topix.net

Gildan Activewear Inc. reported lower than expected results as its second-quarter profit dropped due to price cuts it made to its clothing sold to screenprinters. The company says the price cuts to for its printwear were partly offset by higher sales and margins in its branded clothing and lower taxes.

Tags: year ago reports profit

 
 

Activewear brand Prana expands European sales network

2015-07-07 14:03:33| Apparel - Topix.net

Columbia Sportswear Company portfolio brand Prana is expanding its European distribution network and has also added a new international sales team. As per a Columbia Sportswear press release, for more than 20 years, Prana apparel has had a strong following in the European climbing and yoga practicing communities.

Tags: sales network brand european

 

Gildan Activewear Has A Bright Future Ahead

2015-06-23 11:13:47| Apparel - Topix.net

The market Gildan Activewear serves is expected to grow in the future, which will assist in sustaining the top-line trend. Gildan Activewear's share value has gone up by 14% in a year.

Tags: future ahead bright activewear

 

Gildan Activewear books mixed Q1

2015-05-15 13:06:55| Daily apparel & textile news and comment - from just-style.com

US apparel maker Gildan Activewear saw earnings decline in its first-quarter as a result of restructuring and acquisition-related costs, but saw sales climb.

Tags: books mixed activewear gildan

 

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