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Gildan says 'adiós' to Mexico, lured by lower costs elsewhere

Friday, November 1, 2019

Canada’s Gildan Activewear announced moving out of Mexico, where it employs around 1,700.

It will relocate equipment there to its cheaper production hubs in Central America and the Caribbean. It is also building a major production complex in Bangladesh to serve European and Chinese customers, fibre2fashion reports.