India  Video
> >

Gildan wins American Apparel auction with $88 million bid - source

Reuters India Tuesday, 10 January 2017
NEW YORK (Reuters) - Canadian apparel maker Gildan Activewear Inc has won a bankruptcy auction for U.S. fashion retailer American Apparel LLC after raising its offer to around $88 million, a person familiar with the matter said Monday.
Share on
Share on
Post on 
Share by
Source: Wochit Business - < > Embed
News video: Bankrupt Retailer American Apparel Begins Laying Off Staff

▶ Bankrupt Retailer American Apparel Begins Laying Off Staff 00:45

According to sources familiar with the matter, American Apparel started to lay off staff on Monday this week after Canada's Gildan Activewear withdrew an initial plan to purchase some of the bankrupt fashion retailer's manufacturing operations. Just last week, Gildan won the rights to American...

You Might Like

Tweets about this

Other recent news in Business

Unilever picks Rotterdam HQ over LONDON in blow to UK before Brexit​Blockchain can improve India's trade FINANCE system but must address certain challenges: Report
Punjab National Bank discovers new fraud at MUMBAI branch; CBI registers complaintGOOGLE bans cryptocurrency advertising, bitcoin price slumps
Air India's TWITTER account restoredMuthoot Finance ties up with global IME bank for money TRANSFER service to Nepal

Recent related videos

News video: Big corporation goes after name of SWFL business

▶ Big corporation goes after name of SWFL business 02:50

A Punta Gorda woman started a clothing company that's become her passion, but said now a big corporation could be stepping in and taking her name from her.
Source: FOX 4 Now Florida -

Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2018 newsR / One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter