Gildan Activewear Inc - apparel and textile industry company news 
In the money: Gildan sees growth with brands concerned on safety
9 May 2013
Canadian T-shirt and sock maker Gildan Activewear is looking to grow its supply base and expand its relationships with global brands concerned about safety and other social responsibility issues at sub-contractors making their clothes.
CANADA: Gilden Activewear more than doubles Q2 profit
2 May 2013
Canadian apparel business Gildan Activewear has lifted its full-year outlook after more than doubling its second-quarter net profit, thanks to low cotton prices and higher sales.
CANADA/US: Gildan Activewear, Russell Brands settle lawsuit
5 March 2013
Canadian apparel maker Gildan Activewear has reached a US$1m settlement with Russell Brands, a Fruit of the Loom company, to resolve a trademark infringement lawsuit.
In the money: Gildan Activewear to ramp up performance wear
8 February 2013
Gildan Activewear is considering ramping up the production of performance wear at a factory it acquired in May last year.
CANADA: Gildan returns to profit in Q1
7 February 2013
Apparel business Gildan Activewear returned to profitability in its first quarter of fiscal 2013, boosted by lower discounting and its recent Anvil acquisition.
US: Haitian and Honduran garment workers speak out
6 February 2013
Garment workers from Honduras and Haiti are taking part in a five-city tour across New York State this week as part of an ongoing campaign against sweatshops.
US: Gildan selects Rowan County for spinning plant
2 January 2013
Apparel company Gildan Activewear is set to open a new ring-spinning plant in Salisbury, Rowan County, through its CanAm Yarns subsidiary, as it continues to expand its presence in the US.
US: Gildan Activewear to invest in yarn-spinning plants
5 December 2012
Apparel company Gildan Activewear is to modernise and expand its two CanAm yarn-spinning facilities in the US and has revealed plans to build a new factory in the country.
CANADA: Gildan Activewear Q4 improves on easing cotton prices
30 November 2012
Gildan Activewear recorded a jump in fourth quarter net earnings as the group benefited from lower cotton costs, higher printwear unit sales volumes, more favourable product-mix and higher selling prices for Branded Apparel, and the initial accretion from the acquisition of Anvil Holdings.
US: Gildan Activewear sued by Russell Brands
17 October 2012
Gildan Activewear has launched an internal inquiry into the events surrounding a lawsuit filed against it by Russell Brands, part of Fruit of the Loom.
CANADA: Gildan Activewear Q3 profit down
2 August 2012
T-shirt and sock maker Gildan Activewear saw third-quarter net profits slump as lower prices of printwear and manufacturing costs hurt the company.
US: Gildan Activewear completes Anvil acquisition
10 May 2012
Apparel company Gildan Activewear has completed the acquisition of apparel maker Anvil Holdings for US$88m.
CANADA: Gildan Activewear buys Anvil Holdings for $88m
3 May 2012
Apparel company Gildan Activewear has acquired apparel manufacturer Anvil Holdings for US$88m.
CANADA: Gildan Activewear Q2 down on higher cotton costs
3 May 2012
Gildan Activewear today (3 May) reported a drop in second-quarter net earnings on the back of higher cotton costs.
Top stories on just-style last week...
10 April 2012
Top stories on just-style last week included H&M unveiling the name of its new chain, Wal-Mart revealing details of its Women in Factories programme, and PVH being included among companies receiving top marks in a child labour risk report.
GLOBAL: Brands receive top marks in child labour risk report
3 April 2012
PVH, Adidas, Gildan Activewear, Next, Gap and H&M have received top marks in a report ranking companies on how they manage and disclose risks of child labour use and children's rights violations in their operations and supply chains.
CANADA: Gildan Q1 loss blamed on destocking
9 February 2012
Gildan Activewear slid to a first quarter loss as sales fell by 8.3%, and despite a strong retail showing thanks to new acquisition Gold Toe Moretz.
CANADA: Higher sales lift Gildan Activewear FY profit 21%
1 December 2011
Canada-based T-shirt and sock maker Gildan Activewear today (1 December) booked a 21% rise in full-year profit, helped by higher sales and selling prices.
CANADA: Gildan lowers forecasts despite Q3 profit rise
5 August 2011
Apparel company Gildan Activewear lowered its full-year revenue and earnings forecasts despite an apparently buoyant third quarter which saw large increases in profit and sales.
Gildan sees high cotton costs for another two years
13 May 2011
Despite a recent retreat in the price of cotton, T-shirt and sock maker Gildan Activewear Inc has warned it could take another two years before prices return to more normal levels.
CANADA: Gildan Q2 profit buoyed by activewear gains
12 May 2011
Gildan Activewear posted a strong increase to its second quarter profit, thanks to a double-digit sales increase in the three months to 3 April.
US: Gildan completes Gold Toe Moretz buy
18 April 2011
Basic apparel maker Gildan Activewear Inc has completed its acquisition of sock supplier Gold Toe Moretz Holdings Corp for US$350m.
US: Gildan to buy sock maker Gold Toe Moretz for $350m
12 April 2011
Basic apparel maker Gildan Activewear Inc is adding to its line-up after agreeing to buy sock supplier Gold Toe Moretz Holdings Corp for US$350m.
Top stories on just-style this week...
11 February 2011
Here is a roundup of the top five most-read articles on just-style this week. Click on each headline for the full story.
CANADA: Cotton costs weigh on Gildan’s stellar Q1
9 February 2011
T-shirt and underwear maker Gildan Activewear Inc has got off to a record start to its latest financial year, with first-quarter sales up 50.3% in what is traditionally its lowest quarter.
just-style management briefing: Supply chains need to get creative
2 February 2011
Faced with rising apparel costs and the likelihood that 2011 will be a perfect storm of pricing uncertainty - or what Mike Todaro, managing director of AAPN (the American Apparel Producers' Network) describes as "death by a thousand costs" - what can apparel manufacturers, brands and retailers do to try to alleviate some of the pain within their supply chains?
Does DR's textile and apparel future lie in Haiti?
20 January 2011
Dominican Republic (DR) and Haiti: two countries, each with 10m inhabitants and situated on the same island (Hispaniola), yet worlds apart when it comes to per capita income, human development, political stability and sustainability. The differences extend to their textile and apparel industries too, as Jozef De Coster finds out.
Haiti poised to become a regional export champion?
5 January 2011
A year after Haiti's textile and apparel industry was devastated by a powerful earthquake, just-style has spoken to industry executives about their hopes for the future. Trade legislation to galvanise US exports, coupled with rising interest from US and global brands to source in Haiti, should position the country as a regional export leader, they say.
Gildan well-placed for global manufacturing shift
8 December 2010
While a stellar fourth quarter and full-year performance at Gildan Activewear Inc was overshadowed by its warning that higher cotton costs in the year ahead are likely to eat into margins, the T-shirt and sock maker is confident it is well-positioned to weather the “new paradigm” taking place in global manufacturing.
CANADA: Gildan warns on margins despite record Q4
3 December 2010
T-shirt and underwear maker Gildan Activewear Inc has booked a 34% hike in fourth quarter earnings, but warned that higher cotton costs in the year ahead are likely to eat into margins.
