For casual day, Gildan Activewear has you covered -- from top to bottom. It makes T-shirts, tank tops, sweatshirts, and golf shirts for private-label use, as well as socks, hosiery, and underwear. Steadily fighting for market share (alongside its primary rival
The company owns sock maker
Gildan sells its branded apparel in the US and Canada though its T-shirts and other printwear are sold in more than 30 countries in North and South America, Europe, and Asia. All told, the US accounts for nearly 90% of the company's sales.
Gildan has been experiencing steady growth for the last few years. In 2014 revenue increased 8% to $2.4 billion from $2.2 billion the previous year due to higher sales volume, attributed to a better product mix, along with results from an acquisition. Net income grew 12%, from $320 million to $359 million, from the higher revenue and lower income tax expenses. Cash from operations dropped by $163 million, from $427 million to $264 million, as Gildan spent heavily on inventories and trade accounts receivables.
In order to grow market share, Gildan has been expanding its brand offerings by pushing Gildan into performance fabrics under the Gildan Performance label alongside its New Balance performance products. The company is also repositioning Anvil as a more modern product for younger customers by updating its fabrics and styles. In order to keep costs down the company is building two yarn-spinning factories in the southern US to go along with its existing facilities in Montreal, Canada, and in North Carolina (two plants) and Georgia.
Mergers and Acquisitions
In 2017 Gildan acquired the American Apparel brand, as well as manufacturing operations, at auction for $88 million from retailer
11296 HARREL ST
Jurupa Valley, CA 91752-3715
Phone: 1 (714) 765-0400
Employer Type: Privately Owned
CREDIT DEPARTMENT AND COLLECTOR: Andrea Brown
Vice President of Manufacturing: Kevin Potter
V Pres: Richard Travis
Employees (This Location): 627
Employees (All Locations): 1,023
Jurupa Valley, CA