Gildan Activewear Wins Bid for American Apparel
January 11, 2017
Montreal-based Gildan Activewear has won the bankruptcy auction for American Apparel. The $88 million bid will ensure ownership of the Los Angeles-based brand and some of its manufacturing operations, according to Reuters.
Endowed with roughly $177 million in debt, American Apparel filed its second Chapter 11 last November. American Apparel currently operates more than 250 retail locations.
Welcome to GlobalShop 2017
March 28, 2017 • Retail
Returning to Las Vegas this year, GlobalShop is the largest annual tradeshow for the store design, visual merchandising and in-store marketing industries.
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