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Gildan Overcomes Hurricanes, Pandemic to Post Solid Q4

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Despite getting hit by hurricanes, Covid and poor socks sales, Gildan Activewear was able to post sales and earnings gains in the fourth quarter. In a Nutshell: Gildan Activewear said its “Back to Basics” strategy drove a strong fourth-quarter performance, even with pandemic and weather-related events. Selling, general and administrative expenses (SG&A) were down 6…

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