12 Facts About Gildan

1.

Gildan Activewear Inc is a Canadian manufacturer of branded clothing, including undecorated blank activewear such as t-shirts, sport shirts and fleeces, which are subsequently decorated by screen printing companies with designs and logos.

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2.

Gildan supplies branded and private label athletic, casual, and dress socks to retail companies in the United States including Gold Toe Brands, PowerSox, SilverToe, Auro, All Pro, and the Gildan brand.

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3.

Gildan has approximately 44,000 employees worldwide, and owns and operates manufacturing facilities in Rio Nance, Honduras and the Caribbean.

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4.

Gildan has factories in low-wage countries like Honduras and Haiti, which has allowed Gildan to lower its price per shirt to below that of Chinese manufacturers as of 2006.

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5.

Gildan opened its first offshore sewing facility in Honduras, in 1997.

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6.

In May 2012, Gildan again expanded with its purchase of 130-year old apparel maker Anvil Holdings, Inc, the parent company of Anvil Knitwear and producer of environmentally-friendly lines of sustainable, recycled, and organic apparel.

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7.

Gildan bought a 30-second spot to air an advertisement during the third quarter of the 2013 Super Bowl.

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8.

Gildan started speaking to the media about its Super Bowl ad in early December 2012.

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9.

In 2014, Gildan Activewear acquired Doris Hosiery for CA$110 million.

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10.

In February 2015, Gildan announced its intent to purchase the Comfort Colors brand and assets, for a total purchase price of approximately US$100 million.

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11.

In 2016, Gildan Activewear announced its $55 million purchase of PEDS Legwear.

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12.

In 2017, Canadian company Gildan Activewear purchased American clothing company American Apparel for $88 million at auction.

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