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Canadian retailer Gildan acquires American Apparel for $88 million

Canadian apparel maker Gildan Activewear Inc won a bankruptcy auction to acquire ailing fashion retailer American Apparel for $88 million in cash. Gildan said on Tuesday it will buy manufacturing equipment and intellectual property rights related to American Apparel, but the...
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India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC

The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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