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

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

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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