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.
PBG Price at posting:
21.7¢ Sentiment: Buy Disclosure: Held
