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Gildan Announces Pricing of Private Offering of US$1.2 Billion Senior Unsecured Notes
Globenewswire· 2025-09-23 23:20
Core Viewpoint - Gildan Activewear Inc. has announced the pricing of a US$1.2 billion offering of senior unsecured notes to fund the acquisition of Hanesbrands Inc. and refinance existing debt [1][2]. Group 1: Offering Details - The offering consists of two series of senior unsecured notes: US$600 million of 4.700% notes due October 7, 2030, and US$600 million of 5.400% notes due October 7, 2035 [1]. - The expected closing date for the offering is around October 7, 2025, subject to customary closing conditions [2]. Group 2: Use of Proceeds - The net proceeds from the notes will be used for the cash portion of the acquisition of Hanesbrands, refinancing Hanesbrands' existing debt, and covering related transaction fees and expenses [2]. Group 3: Company Overview - Gildan is a leading manufacturer of everyday basic apparel, including activewear, underwear, and socks, marketed under various brands such as Gildan®, American Apparel®, and Champion® [10]. - The company operates large-scale manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh, with a strong commitment to labor, environmental, and governance practices [11].
Gildan Announces Participation at CIBC’s 24th Annual Eastern Institutional Investor Conference in Montreal
Globenewswire· 2025-09-18 12:00
Core Insights - Gildan Activewear Inc. will participate in the 24th Annual CIBC Eastern Institutional Investor Conference in Montreal on September 25, 2025, with key executives engaging in a fireside chat and one-on-one meetings with investors [1] Company Overview - Gildan is a leading manufacturer of everyday basic apparel, offering products such as activewear, underwear, and socks to a diverse customer base including wholesale distributors, screenprinters, retailers, and global lifestyle brand companies [2] - The company markets its products across North America, Europe, Asia Pacific, and Latin America under various owned brands, including Gildan, American Apparel, Comfort Colors, GOLDTOE, and Peds, as well as through an exclusive licensing agreement for Champion in the printwear channel [2] Manufacturing and ESG Practices - Gildan operates large-scale, vertically integrated manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh [3] - The company is committed to industry-leading labor, environmental, and governance practices throughout its supply chain, which is integrated into its comprehensive ESG program aligned with its long-term business strategy [3]
Gildan Announces Participation at the 29th Annual Scotiabank Back to School Conference in Toronto
Globenewswire· 2025-09-11 12:00
Core Insights - Gildan Activewear Inc. will participate in the 29th Annual Scotiabank Back to School Conference in Toronto on September 17, 2025, with key executives engaging in a fireside chat and one-on-one meetings with investors [1] Company Overview - Gildan is a leading manufacturer of everyday basic apparel, offering products such as activewear, underwear, and socks to a diverse customer base including wholesale distributors, screenprinters, retailers, and global lifestyle brand companies [2] - The company markets its products across North America, Europe, Asia Pacific, and Latin America under various owned brands, including Gildan, American Apparel, Comfort Colors, GOLDTOE, and Peds, as well as through an exclusive licensing agreement for the printwear channel for Champion [2] Manufacturing and ESG Practices - Gildan operates large-scale, vertically integrated manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh [3] - The company is committed to industry-leading labor, environmental, and governance practices throughout its supply chain, which is integrated into its comprehensive ESG program aligned with its long-term business strategy [3]
X @Bloomberg
Bloomberg· 2025-08-25 13:02
This socks company has a cult following. What makes them worth $14 to $40 a pop? https://t.co/subAwWhyMB ...
Gildan Names S&S Activewear as Exclusive Wholesale Distributor for the Canadian Printwear Market
Globenewswire· 2025-08-06 20:30
Core Insights - Gildan Activewear has appointed S&S Activewear as the exclusive wholesale distributor for its brands in the Canadian imprintables market, effective December 28, 2025 [1][3]. Group 1: Partnership Details - The partnership aims to enhance product availability and streamline the ordering process for Gildan's Canadian customers through S&S Activewear's distribution network [2][3]. - S&S Activewear will provide improved service with inventory depth that allows for one and two-day service to over 99% of the Canadian population [3]. Group 2: Company Background - Gildan is a leading manufacturer of basic apparel, offering products such as activewear, underwear, and socks, marketed under various brands including Gildan, American Apparel, and Champion [4][5]. - The company operates large-scale manufacturing facilities primarily in Central America, the Caribbean, North America, and Bangladesh, with a strong commitment to ESG practices [5]. Group 3: S&S Activewear Overview - S&S Activewear, founded in 1988, is a major distributor of apparel and accessories in North America, offering over 100 brands and operating more than 6 million square feet of warehouse space [6]. - The company serves a diverse customer base, including retail brands, e-commerce companies, and garment decorators [6].
Gildan Activewear Announces Date for Second Quarter 2025 Financial Results
Globenewswire· 2025-07-16 12:30
Core Viewpoint - Gildan Activewear Inc. is set to report its second quarter 2025 financial and operating results on July 31, 2025, with a conference call scheduled for discussion with financial analysts and institutional investors [1][2]. Company Overview - Gildan is a leading manufacturer of everyday basic apparel, offering products such as activewear, underwear, and socks to a diverse customer base including wholesale distributors, screenprinters, retailers, and global lifestyle brand companies [4]. - The company markets its products across North America, Europe, Asia Pacific, and Latin America under various brands including Gildan, American Apparel, Comfort Colors, GOLDTOE, and Peds, as well as through an exclusive licensing agreement for Champion in the printwear channel [4]. Manufacturing and ESG Practices - Gildan operates large-scale, vertically integrated manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh [5]. - The company is committed to industry-leading labor, environmental, and governance practices throughout its supply chain, which is integrated into its comprehensive ESG program as part of its long-term business strategy [5].
Gildan Recognized as One of Canada’s Best 50 Corporate Citizens by Corporate Knights and Among TIME’s World’s Most Sustainable Companies
Globenewswire· 2025-07-07 13:15
Core Insights - Gildan Activewear Inc. has been recognized on Canada's Best 50 Corporate Citizens list for the fourth consecutive year, being one of only two companies in the Textiles and Clothing Manufacturing sector to achieve this honor [1] - The company is also featured on TIME's World's Most Sustainable Companies list, marking its presence as one of 13 Canadian companies and one of only two in the "Apparel, Footwear & Sporting Goods" subcategory [1] Group 1: Recognition and Awards - Gildan's inclusion in Canada's Best 50 Corporate Citizens is based on a dataset of companies with over $1 billion in annual revenues, evaluated on 25 key performance indicators (KPIs) related to sustainability and corporate responsibility [2] - TIME's World's Most Sustainable Companies list identifies the top 500 companies from a pool of 5,000, assessed across more than 20 key indicators, including sustainability ratings and commitments from reputable organizations [3] Group 2: Company Overview - Gildan is a leading manufacturer of everyday basic apparel, offering products such as activewear, underwear, and socks, marketed under various brands including Gildan®, American Apparel®, and Champion® [4] - The company operates large-scale, vertically integrated manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh, with a strong commitment to labor, environmental, and governance practices [5]
Gildan Recognized as One of Canada's Best 50 Corporate Citizens by Corporate Knights and Among TIME's World's Most Sustainable Companies
GlobeNewswire News Room· 2025-07-07 13:15
Core Insights - Gildan Activewear Inc. has been recognized on Canada's Best 50 Corporate Citizens list for the fourth consecutive year, being one of only two companies in the Textiles and Clothing Manufacturing sector to achieve this honor [1] - The company is also featured on TIME's World's Most Sustainable Companies list, marking its presence as one of 13 Canadian companies and one of only two in the "Apparel, Footwear & Sporting Goods" subcategory [1] Group 1: Recognition and Achievements - Gildan's inclusion in Canada's Best 50 Corporate Citizens is based on a dataset of companies with over $1 billion in annual revenues, evaluated on 25 key performance indicators (KPIs) related to sustainability and corporate responsibility [2] - TIME's World's Most Sustainable Companies list identifies the top 500 companies from a pool of 5,000, assessed across more than 20 key indicators, including sustainability ratings and commitments from reputable organizations [3] Group 2: Company Overview - Gildan is a leading manufacturer of everyday basic apparel, offering products such as activewear, underwear, and socks, marketed under various brands including Gildan®, American Apparel®, and Champion® [4] - The company operates large-scale, vertically integrated manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh, with a strong commitment to labor, environmental, and governance practices [5]
Five Below: Major Headwinds, Major Silver Linings
Seeking Alpha· 2025-05-21 16:20
Company Overview - Five Below, Inc. operates as a specialty value retailer in the U.S., offering a variety of products including jewelry, socks, t-shirts, and personal care items at low price points [1]. Investment Philosophy - The investment philosophy focuses on identifying mispriced securities by understanding the financial drivers of a company, often revealed through a DCF model valuation. This approach allows for a flexible investment strategy that considers all prospects of a stock to assess risk-to-reward [1].
Gildan Publishes its 2024 ESG Report Highlighting Advancements towards its 2030 ESG Targets
Globenewswire· 2025-05-20 12:01
Core Insights - Gildan Activewear Inc. has published its 2024 Environmental, Social, and Governance (ESG) Report, highlighting progress against its Next Generation ESG strategy targets [2][3] Group 1: ESG Achievements - The company reduced water intensity at its manufacturing facilities by 25.2% per kilogram produced compared to a 2018 baseline [5] - Sustainable cotton sourcing increased from 35.7% in 2023 to 77.3% in 2024 [5] - The percentage of recycled polyester or alternative fibers and/or yarns sourced doubled from 2023 to 2024 [5] - Gildan achieved ISO 45001 certification in two additional facilities in 2024, totaling five certified facilities [5] - The company was included in the Dow Jones Best-in-Class North America Index for the 12th consecutive year [5] - Gildan was recognized in the 2025 Sustainability Yearbook by S&P Global for the 13th consecutive year [5] - The company was included in CDP's Leadership Band in 2025 for its 2024 climate change disclosure, marking the fifth time it has received this recognition [5] - Gildan was named in the inaugural edition of TIME's World Most Sustainable Companies [5] - The company was recognized as one of Canada's Best 50 Corporate Citizens by Corporate Knights for the third consecutive year [5] Group 2: Company Overview - Gildan is a leading manufacturer of everyday basic apparel, including activewear, underwear, and socks, marketed under various brands [6] - The company operates vertically integrated, large-scale manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh [7] - Gildan's operations are supported by a strong commitment to industry-leading labor, environmental, and governance practices throughout its supply chain [7]