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Gildan Activewear announced plans to build a large vertically integrated manufacturing complex in Bangladesh, purchased land for USD 45 million. The multi-plant complex is expected to be operational by 2021 and support over USD 500 million in annual sales.
Gildan Activewear Inc. will pay US$88 million to buy the American Apparel brand, including intellectual property rights and certain manufacturing equipment, as part of bankruptcy court proceedings.
| Site | Largest | Latest |
|---|---|---|
| Bangladesh, Bangladesh | $45.0M | 2019-05-30 |