Canadian clothier Gildan Activewear posts Q4 FY20 sales of $690 mn
Fibre2Fashion Toggle navigation 08 Pic: Gildan Activewear Gildan Activewear, a Canadian manufacturer of branded clothing, posted 4.8 per cent sales growth to $690.2 million in its fourth quarter (Q4) fiscal 2020 ended on January 3, 2021 compared to sales of $658.7 million in the same period last fiscal. The company’s net earnings for the quarter increased to $67.4 million (Q4 FY19: $32.5 million). “Our Back to Basics strategy put us on a sound footing going into the pandemic and the additional actions we have taken during 2020 have enhanced our compe...