For the fourth fiscal quarter ended January 4, 2015, Gildan Activewear said it slipped in to losses, when compared with fourth fiscal quarter of previous year. Gildan reported a net loss of US$41.2 million or US$0.34 per diluted share for ...
Tags: Gildan Activewear, Apparel
Gildan Activewear Inc., which is the largest supplier of branded athletic socks in the United States, reported record fourth quarter adjusted earnings per share of $1.00, up 20.5 percent compared to last year, but projected a loss for the ...
The U.S. textile industry has seen a surge in foreign direct investment over the past 8 months. No less than 8 foreign companies have made public announcements over that period to invest more than $700 million in new U.S. textile facilities ...
Tags: Textile Sector, Yarn-Forward Rule
American Securities LLC, a leading U.S. private equity firm, announced that, in partnership with management, it has completed the acquisition of Frontier Spinning Mills Holding Corp., a leading producer of cotton yarn for the knitting and ...
Gildan Activewear Inc., Montreal, plans to invest more than $250 million to build two yarn-spinning facilities, and expand and renovate a third plant in North Carolina to support projected sales growth and bolster the company's global ...
Montreal-based Gildan Activewear Inc. has announced plans to invest more than $200 million over the next two years to build and start up two state-of-the-art yarn-spinning facilities in the Southern United States to support projected sales ...
Tags: Textile
Gildan Activewear announced that it is evaluating potential sites in the Southern U.S. for the construction of two additional yarn-spinning facilities, to support its projected sales growth and further reinforce its position as a global ...
Tags: Yarn, Spinning Facilities
Gildan Activewear Inc., Montreal, has finalized the acquisition of CanAm Yarns LLC — its 50-percent-owned yarn-spinning joint venture with Frontier Spinning Mills Inc., Sanford, N.C. — and is investing approximately $85 million ...
Tags: Gildan Activewear, acquisition, CanAm Yarns
Montreal-based branded basic apparel manufacturer Gildan Activewear Inc. has finalized the acquisition of CanAm Yarns LLC (CanAm) — its 50-percent-owned yarn-spinning joint venture (JV) with Frontier Spinning Mills Inc., Sanford, N.C. ...