You may want to dig a little deeper on Gilden. It produces the majority of its clothing offshore as evidenced by the following link:

http://gildan.com/corporate/company/locations.cfm

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.

dtm