Apparel Maker Gildan Emerges From Crisis
Gildan Activewear (GIL) is shooting blanks, so to speak. The Montreal-based firm makes T-shirts and sport shirts as a supplier to the imprint market, where a logo is attached to the garment. Gildan also produces "blank" work uniforms, as well as private-label and Gildan-branded socks. A Feb. 10 report by Raymond James notes that prices in Gildan's segment are stabilizing, while move-the-product discounts are receding. Gildan's volumes are
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