Profile: Gildan Activewear Inc (GIL)
21 Mar 2017
Gildan Activewear Inc., incorporated on May 8, 1984, is a manufacturer and marketer of branded basic family apparel, including T-shirts, fleece, sport shirts, underwear, socks, hosiery and shapewear. The Company operates through two segments: Printwear and Branded Apparel. The Company sells its products under various brands, including the Gildan, Gold Toe, Anvil, Comfort Colors, American Apparel, Alstyle, Secret, Silks, Kushyfoot, Secret Silky, Therapy Plus, Peds, and MediPeds brands. The Company also distributes some of its sock products through its the United States sock license for the Under Armour brand, and it also markets an array of products through a global license for the Mossy Oak brand. The Company's products are sold in the printwear and retail markets. The Company distributes its products in printwear markets in the United States, Canada, Mexico, Europe, Asia-Pacific and Latin America. In retail markets, the Company sells its products to a range of retailers primarily in the United States and Canada, and it also manufactures for global athletic and lifestyle consumer brands.
The Printwear segment designs, manufactures, sources, markets, and distributes undecorated activewear products. The Company mainly sells undecorated activewear products (blanks) primarily to wholesale distributors who sell its products to screenprinters, advertising specialty distributors, and embroiderers, who in turn decorate the products with designs and logos, and sells the imprinted activewear into a range of end-use markets. These include educational institutions, athletic dealers, event merchandisers, promotional product distributors, charitable organizations, entertainment promoters, travel and tourism venues, and retailers. Its activewear products are used in a range of daily activities by individuals and have various applications, including work and school uniforms and athletic team wear, and for various other purposes to convey individual, group, and team identity. Its primary brands include Gildan, Gildan Performance, Anvil, Comfort Colors, American Apparel, Alstyle and New Balance.
The Branded Apparel segment designs, manufactures, sources, markets, and distributes branded family apparel, which includes athletic, casual and dress socks, underwear, activewear, sheer hosiery, legwear, and shapewear products, which are sold to retailers in the United States and Canada. The Company markets its products primarily under its Company-owned and licensed brands. Its primary products include socks, underwear, activewear, athletic socks, legwear, foot solutions and sheer/pantyhose. Its primary brands include Gildan Platinum, Smart Basics, G, PowerSox, Silver Toe, Signature Gold by Goldtoe and All Pro.
The Company competes with Berkshire Hathaway Inc., Hanesbrands Inc., Delta Apparel Inc., Color Image Apparel, Inc., Next Level Apparel, Bella + Canvas, Garan Incorporated, Renfro Corporation, Jockey International, Inc., Kayser Roth Corporation and Spanx, Inc.
Gildan Activewear Inc
33Rd, 600 de Maisonneuve Blvd W
MONTREAL QC H3A 3J2