¶ … 1980s and 1990s, the hosiery industry experienced major issues. Increasing foreign competition as well as imports created downward pressure on the profitability of Canadian hosiery manufacturers (Trefler, 2001, p. 62). Several hosiery manufacturers tried to reverse this by extensively engaging in intensive capital investments in new technologies. While no figures on SGA were available similar companies such as KDH in the U.S. experienced similar technology issues (Nichol, 2004, p. 10). In addition, they reorganized their company structures, downsized plants and also instituted to improved employee productivity and efficiency programs. SGA was no exception to this trend with international sales falling from $26 million to $10 million CND. This plus increasing imports and weak consumer sales forced SGA to lay off 1,500 employees, reduce wage rates and to rescind many of the benefits that the workers had enjoyed previously under Anderson families ownership. Many of these changes drew worker protests and created a good deal of tension between workers and management. 2. The company launched a very sophisticated strategy...
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