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Gildan Sheds 6,000 of Manufacturing Workforce as Sales Slip 71%

Join us on January 26 at 11 am ET for a webinar with Lenzing, TextileGenesis and sustainable brand ArmedAngels for a discussion on how they’re using Fibercoin technology to realize traceability’s benefits to sustainability, brand loyalty and risk mitigation.

The global pandemic hit Gildan Activewear from all sides in the second quarter, as profits and sales plummeted, manufacturing saw disruptions and jobs were slashed. In a Nutshell: Gildan Activewear Inc. said its second quarter results reflected the effects of the widespread government-mandated closures that began in late March and led to a pause in…

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