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Canadian Investing / Canada (General)
|Subject: Re: Xpost from METaR||Date: 11/13/2012 9:54 AM|
|Author: DrtThrwingMonkey||Number: 63058 of 64061|
You may want to dig a little deeper on Gilden. It produces the majority of its clothing offshore as evidenced by the following link:
As far as being politically correct, I guess it depends on your interpretation. It has been implicated in some less than admirable employment practices in the third world, although I have never seen any concrete evidence of that personally so any investor should satisfy themselves before making an investment decision.
I personally have no issue with offshore manufacturing, it makes sense to me. I can't figure out why Gildan gets such a high price, as you say, they do their manufacturing offshore like everyone else. What do people like so much about them? Just curious.
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