SColburn wrote:American Apparel no longer... American. I dunno, I usually like Gildan stuff. Reuters
Or rather, a full circle? The founder is Canadian and was Canadian owned for a while too.
Of the companies vying for AA, Gildan is not the worst, but knowing how they've been about the bottom dollar, I do question how much of AA's future will remain in America.
FWIW, in the last 5 years, Gildan has purchased:
2012 - Anvil, $88 million
2013 - New Buffalo, $7 million
2014 - Doris, $102 million
2015 - Comfort Colors, $100 million
2016 - Peds, $55 million
2016 - Alstyle, $110 million
2017 - American Apparel, $88 million
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