PBG 0.00% $1.15 pacific brands limited

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  1. 393 Posts.
    If I'm looking for Australian made or at least owned, what brand of undies should I buy?

    Out of interest, I had a look at the origin of my clothes yesterday. I saw Indonesia, the Philippines and various South American countries. For example the Fruit of the Loom (a Berkshire Hathaway company) undies I got in the US were made in Honduras.

    I think PBG's history of low ROE indicates that this move offshore should have happened years ago. Australia just isn't a viable place to make basic clothes anymore.
 
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