American Apparel's new owners open a single test store

Gildan Activewear Inc., which bought the assets of America Apparel last year (sans its stores) is treading carefully back into the world of physical retail by re-opening a former chain location on Melrose Ave. in LA. "We're opening one, and that's going to be like a test model store for us, and then we're going to see where that takes us in the future," said Glenn Chamandy, Gildan's Chief Executive.