It was a purchase that made sense for analysts at a time when Gildan is a major player in the t-shirt industry, selling its own printable basics along with private-label sportswear and hosiery. It was renowned for producing its products in Los Angeles and providing employees with a fair wage in an industry known for its poor working conditions. Dov Charney, the man who is as famous for founding American Apparel as he is for being accused of serial sexual harassment, has started a new company called Los Angeles Apparel. This company manufactures its products in the Los Angeles area.
I recently had the opportunity to visit Charney's new factory in South Central Los Angeles. It was an eye-opening experience to see the level of commitment and dedication that goes into producing quality apparel. The factory is equipped with state-of-the-art machinery and employs a team of highly skilled workers who are passionate about their craft. The factory is also committed to providing its employees with a safe and comfortable working environment.
All workers are provided with protective gear and are trained on how to use the machinery safely. The factory also has strict safety protocols in place to ensure that all workers are protected from any potential hazards. It's clear that Charney is committed to providing quality apparel while also ensuring that his employees are treated fairly and given a safe working environment. His commitment to these values is evident in the quality of the products produced at his factory.
It's no wonder that analysts were so eager to purchase American Apparel when it was up for sale.