Thursday Sep 11
Costa Rica: Hanesbrands axes 1,200 jobs in Vietnam move
After 40 years in Costa Rica, Hanesbrands has decided to move its men's boxers production to Vietnam and will dismiss 1,250 workers in the process. According to Mauricio Brenes, director of the US firm's local Cartex subsidiary, the company will shutter factories and fold its business on 7 November.
Gildan Activewear Receives Consensus Rating of "Buy" from Brokerages
Shares of Gildan Activewear have earned a consensus rating of "Buy" from the twenty analysts that are currently covering the company, American Banking & Market News reports .
Weekly Investment Analysts' Ratings Changes for Gildan Activewear
Gildan Activewear had its price target raised by analysts at Canaccord Genuity from $66.00 to $68.00.
Gildan Announces Quarterly Financials
Apparel maker Gildan Activewear announced last week that it increased its revenues by 13% in its recently-completed quarter.
Laurence Sellyn Joins Noble Iron's Board
Mr. Sellyn is the Executive Vice President, Chief Financial and Administrative Officer of Gildan Activewear Inc., publicly listed under the symbol GIL and traded on the NYSE and the Toronto Stock Exchange.