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Stock impact report

American Apparel is coming back [CNN]

Gildan Activewear, Inc. Class A Sub. Vot. (GIL) 
Last gildan activewear, inc. class a sub. vot. earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: gildancorp.com/investors-landing-page
Company Research Source: CNN
American Apparel is opening a store for the first time since bankruptcy American Apparel is coming back. Gildan Activewear ( GIL ) , the Canadian company that owns the clothing brand, announced on Thursday that it will open a physical American Apparel store in Los Angeles this fall. American Apparel filed for bankruptcy in 2016. This will be the first location to open since May 2017, when Gildan finished liquidating the stores that were still open. Gildan is not planning to open others. "We're treating this as a flagship pilot store," said Garry Bell, vice president of corporate marketing and communications for Gildan. He said the store will be "very experiential and very interactive," but did not provide details. The news was reported earlier by Bloomberg. Before the liquidation, American Apparel had 110 stores in the United States and a total of 193 locations worldwide, according to a court filing. Gildan, which also owns the tights brands Peds and Kushyfoot, purchased the Ameri Show less Read more
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