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

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

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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