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Industry News Page 5

Gildan to Buy American Apparel?

Time to clarify some things about the bankruptcy of American Apparel and the potential purchase by Gildan. Reports in many media outlets that Gildan has bought American Apparel are false, or at least not entirely accurate. They have bid on certain assets but you would not say that it is a done deal. 2. American Apparel retail…

R.I.P. Rick Medlin of Fruit of the Loom

Rick Medlin the President and CEO of Fruit of the Loom passed away of natural causes yesterday November 27th, 2016 “The entire Fruit of the Loom, Inc. team worldwide, with nearly 30,000 employees, is incredibly saddened by the loss of their sincere and principled leader. “Rick was a special leader and a special person. He…

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