GIL projects a top line CAGR of 7% to 10% over the next three years as part of a sustainable growth strategy outlined during its Investor Day, building on the SKU consolidation and margin improvement focus of its Back to Basics plan launched in 2017, now that the former plan’s structural changes are in place. The new strategy includes leaning into its nearshore manufacturing, capturing further market share in North American through the continuing casual trend, and building out its international markets. SKUs are now down 60% compared to 2017, with more than 80% of those eliminated coming from hosiery. ... Log in to view full article.