Gildan Activewear Inc. (Gildan) is a vertically integrated marketer and manufacturer of activewear, underwear and socks. The Company is a supplier of activewear for the wholesale imprinted sportswear market in the United States and Canada, and also a supplier for this market in Europe. The Company specializes in marketing and large-scale manufacturing of basic, non-fashion apparel products. It sells activewear, namely T-shirts, fleece and sport shirts, in large quantities to wholesale distributors as undecorated blanks, which are subsequently decorated by screenprinters with designs and logos. In October 15, 2007, Gildan completed the acquisition of V.I. Prewett & Son, Inc., a supplier of basic family socks to the United States mass-market retailers.
(Source: ARS)
