Gildan

Canadian retailer Gildan acquires American Apparel for $88 million

Indiaretailing Bureau - January 11, 2017

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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