ATLANTA — Gildan Activewear will close two sock facilities in Mount Airy, N.C., as it continues to consolidate sock production at its new facility in Honduras.
The closings, which will be completed by the end of August 2007, effects approximately 520 employees. Gildan said the relocation of capacity to modern large-scale facilities offshore is necessary in order to be globally competitive with imports from Asia. Gildan, which is based in Montreal, will continue to knit socks at its one remaining facility in Hillsville, Va.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"