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Gildan doubles scale with HanesBrands acquisition and record quarter
The Montreal-based apparel manufacturer Gildan Activewear has reported record fourth-quarter net sales from continuing operations of 1.08 billion dollars, representing a 31.3 percent increase over the prior year. This performance was significantly bolstered by the completion of the HanesBrands acquisition on December 1, 2025, which added 217...
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Reset strategy impacts results: Puma falls deep into the red
German sportswear company Puma presented weak figures for the final quarter and the full 2025 financial year on Thursday morning. Strategic 'reset' measures introduced during the year significantly impacted revenue and profit. The group anticipates another transitional year with declining revenues for 2026. According to the figures provided,...
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