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Canadian retailer Gildan acquires American Apparel for $88 million

Canadian apparel maker Gildan Activewear Inc won a bankruptcy auction to acquire ailing fashion retailer American Apparel for $88 million in cash. Gildan said on Tuesday it will buy manufacturing equipment and intellectual property rights related to American Apparel, but the...
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Max Fashion launches new youth centric brand ‘Urban’

The first Max Urban collection will be available across the brand's retail stores as well as on the e-commerce...
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