A method of forming retainers on a suture includes providing a suture having a longitudinal axis and a circumference, a cutter, and a displacer that can longitudinally displace at least one of the suture and the cutter relative to the other, and can at least one of revolve the cutter about the suture and rotate the suture; and placing the cutter and suture into cutting engagement to form a first helical escarpment about the suture circumference. An apparatus for performing the method is also provided.