Tag: canada

Gildan Activewear (GIL) of Canada announced on Tuesday that the company won a U.S. bankruptcy court-supervised auction for American Apparel with around an $88 million cash bid. Approval for the sale is subject to court approval in Delaware on Thursday. The sale, which is expected to be completd early next month, would include the acquisition … Continue reading “Looks Like American Apparel Is Headed to Canada”