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BRIEF-Gildan Activewear wins auction in bankruptcy process to acquire American Apparel Brand
January 10, 2017 / 12:37 PM / in 9 months

BRIEF-Gildan Activewear wins auction in bankruptcy process to acquire American Apparel Brand

Jan 10 (Reuters) - Gildan Activewear Inc

* Gildan Activewear wins auction in bankruptcy process to acquire American Apparel Brand

* Gildan will not be purchasing any retail store assets.

* Company’s final cash bid of $88 million includes acquisition of worldwide IP rights related to American Apparel Brand

* Will also separately purchase inventory from american apparel “to ensure a seamless supply of goods to printwear channel” Source text for Eikon: Further company coverage:

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