- American City Business Journals•2 days ago
One clothing retailer's misfortune is an opportunity for other shop owners looking for space in Austin's tight market. American Apparel LLC is shutting down all 110 of its stores nationwide after it was bought in bankruptcy — although its locations in the Texas capital remain open for now, with steep discounts offered on all items. The Los Angeles-based clothing manufacturer is expected to close all 110 stores within the next few months and the company has started laying off 2,400 workers at its factories in Southern California, the Los Angeles Times reports .
- American City Business Journals•3 days ago
American Apparel LLC has started laying off 2,400 workers in Southern California as it winds down its operations. The Los Angeles-based clothing manufacturer and retailer will close or sell its factories in downtown Los Angeles, Garden Grove and South Gate, and its 110 retail stores are expected to close in a few months, reported the Los Angeles Times . Canadian apparel maker Gildan Activewear Inc. bought the brand and some manufacturing equipment at a bankruptcy auction last week for $88 million, but Gildan withdrew its initial plan to buy American Apparel’s stores or U.S. factories.
- Business Insider•3 days ago
American Apparel isn't shutting down all its stores — at least not yet, despite some...
GIL.TO : Summary for GILDAN ACTIVEWEAR INC. - Yahoo Finance
Gildan Activewear Inc. (GIL.TO)
Toronto - Toronto Delayed Price. Currency in CAD
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|Day's Range||33.31 - 33.67|
|52 Week Range||31.24 - 41.48|
|PE Ratio (TTM)||23.48|
|Dividend & Yield||0.41 (1.22%)|
|1y Target Est||N/A|