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Gildan Rides Recovery and Back to Basics Initiatives

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Gildan Activewear returned to the black in the first quarter, as sales jumped 28.4 percent over the same period a year ago. In a Nutshell: Gildan Activewear Inc., in reporting first-quarter results, said while benefits from its Back to Basics initiatives were translating to more efficient inventory management, higher than anticipated sales also contributed to…

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