SOURCE: Wall Street Equity Research

Wall Street Equity Research

December 07, 2010 07:59 ET

Professional Research on Gildan Activewear Inc. and Hanesbrands Inc. -- Cotton Prices Hamper Apparel Recovery

JOHANNESBURG, SOUTH AFRICA--(Marketwire - December 7, 2010) - allows shareholders to gain full understanding of the economic and market forces influencing the textile -- apparel clothing industry, and offers free research on industry players Gildan Activewear Inc. (NYSE: GIL) and Hanesbrands Inc. (NYSE: HBI). Register today at to receive free research reports on these companies.

Apparel companies such as Gildan Activewear Inc., along with most other retailers, were happy to see increased spending and customer traffic on Black Friday. This is not a precise indicator for the rest of the holiday season but it does provide hope that consumers are returning to the malls. Companies are already offering discounted products and customers still seem to be looking for bargains, although many admit that quality and durability are as important as price. Shareholders and investors can sign up today at to download the full report on Gildan Activewear Inc. is a specialized website where investors can have complete access to free reports on textile -- apparel clothing industry; traders looking for analyst opinions on Gildan Activewear Inc., Hanesbrands Inc. and other players in the industry are welcomed to sign up for a free one year membership at

Of concern to the industry are rising cotton prices. India and Pakistan, two major cotton exporters, both had poor yields this year primarily due to disruptive weather. On top of low levels of production, demand from China is rising fast which is further exacerbating the problem. Visit us at to understand the catalysts and forces driving or affecting textile - apparel clothing stocks.

Larger apparel companies with wider ranging products look better-positioned to deal with the soaring cost of materials while burgeoning t-shirt and underwear producers face some difficult decisions. Some companies like Hanesbrands Inc. are looking to avoid raising prices by outsourcing their cotton needs to other cheaper areas such as South-East-Asia. Shareholders and investors can sign up today at to download the full report on Hanesbrands Inc.

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