By  on May 4, 2014

Gildan Activewear Inc. increased its second-quarter profits at a nearly double-digit pace despite higher cotton costs that drove down its gross margin.

The Montreal-based knitwear and underwear firm also said that it will build a new textile facility in the province of Guanacaste in northwestern Costa Rica, close to its sewing plants in Nicaragua and positioned to allow for duty- and quota-free access to the major markets it serves in the U.S.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus