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Gildan Pulls Off Fourth Quarter Profit and Looks to Expand Production Capacity

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

While experiencing higher raw material costs and a falloff in underwear sales in 2018, Gildan Activewear’s sales grew and net income turned black in the fourth quarter. In a Nutshell: Gildan Activewear said it ended 2018 with a strong finish, meeting full-year financial targets after successfully navigating through unanticipated weather impacts and supply chain disruptions…

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