Gildan to Acquire Peds

Gildan just announced purchase of socks company Peds for $55 million (American not Canadian dollars…) This comes on the heels of their acquisitions in the past few years of Anvil, Comfort Colors, New Buffalo Shirt Company, and most recently Alstyle Apparel. Peds was in the news recently for “reshoring” some of their knitting. They brought some manufacturing back from overseas to North Carolina by keeping
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