Under Canadian activewear manufacturer and wholesaler Gildan, American Apparel will be propped up as a premium segment that will foster international sales, CFO Rhodri J. Harries said on a conference call with analysts this week, according to a transcript from Seeking Alpha.
Gildan will keep some U.S. manufacturing for American Apparel merchandise, but it will also leverage overseas manufacturing in order to make lower prices possible, Harries said.
