Did Political Climate Spur Gildan's American Apparel Purchase?
By now, you've probably heard the news that Montreal-based Gildan Activewear has purchased the intellectual property rights for American Apparel for about $66 million. The sale is not a surprise—American Apparel went into administration, which seemed to suggest they were looking to sell. What is a surprise, however, is Gildan Activewear's participation.
Hannah Abrams is the senior content editor for Promo Marketing. In her free time, she enjoys coming up with excuses to avoid exercise, visiting her hometown in Los Angeles and rallying for Leonardo DiCaprio to win his first second Academy Award.
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