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Gildan Activewear: Q3 sales rise but profit declines

Canadian textile group Gildan Activewear Inc. has concluded the third quarter of the 2025 financial year with a slight increase in sales. Profit decreased but exceeded market expectations, according to an interim report published by the company on Wednesday. In the most recent quarter, which ended on September 28, group sales reached 910.6...

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Business

American Apparel files for Chapter 11 once more

London - American Apparel has voluntarily filed for Chapter 11 bankruptcy protection in the United States once more, less than a year after it emerged from its first filing under court protection. The second bankruptcy comes as American Apparel agrees to sell its its global intellectual property rights related to the brand and certain assets to...

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