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Despite a decrease in quarterly earnings, Gildan Activewear reported that net sales in the same quarter jumped 30 percent to $481.8 million, up from $368.9 million for the same quarter last year. Sales of activewear and underwear were up 20 percent, while sales of socks, bolstered by the Gold Toe Moretz purchase, were up 83.6 percent.
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- Companies:
- Broder Bros.
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Kyle A. Richardson
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Kyle A. Richardson is the editorial director of Promo Marketing. He joined the company in 2006 brings more than a decade of publishing, marketing and media experience to the magazine. If you see him, buy him a drink.
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