Gildan Activewear Inc.
TSE : GIL
NYSE : GIL

Gildan Activewear Inc.

August 26, 2016 13:50 ET

Gildan Donates Products in Support of Louisiana Flood Victims

MONTREAL, QUEBEC--(Marketwired - Aug. 26, 2016) - Gildan Activewear Inc. (TSX:GIL)(NYSE:GIL) Gildan announced that it is donating an assortment of clothing items, including t-shirts, underwear and socks, to the victims of the Louisiana floods. The donation is being made to the Orleans Parish Sheriff's office to support their efforts in distributing clothing items to some of the over 30,000 families displaced.

"Our thoughts are with the residents of southeast Louisiana in the wake of this devastating event," said Eric Lehman, President, Branded Products, Gildan. "Gildan is once again responding to a need for humanitarian aid in the regions where we operate and we hope that these basic items can help provide a small amount of comfort to the displaced individuals and families in Louisiana."

Under the Company's Gildan Gives program, Gildan has encouraged its more than 2,600 employees in the United States to get involved and will match all monetary donations made towards the relief efforts.

About Gildan

Gildan is a leading manufacturer and marketer of quality branded basic family apparel, including T-shirts, fleece, sport shirts, underwear, socks, hosiery, and shapewear. The Company sells its products under a diversified portfolio of company-owned brands, including the Gildan®, Gold Toe®, Anvil®, Comfort Colors®, Alstyle®, Secret®, Silks®, Kushyfoot®, Secret Silky®, Peds®, MediPeds® and Therapy Plus™ brands. Sock products are also distributed through the Company's exclusive U.S. sock license for the Under Armour® brand, and a wide array of products is also marketed through a global license for the Mossy Oak® brand. The Company sells its products through two primary channels of distribution, namely printwear and retail markets. The Company distributes its products in printwear markets in the U.S., Canada, Europe, Asia-Pacific and Latin America. In retail markets, the Company sells its products to a broad spectrum of retailers primarily in the U.S. and Canada and also manufactures for select leading global athletic and lifestyle consumer brands.

Gildan owns and operates vertically-integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean Basin, North America and Bangladesh. These facilities are strategically located to efficiently service the quick replenishment needs of its customers in the printwear and retail markets. Gildan has over 47,000 employees worldwide and is committed to industry-leading labour and environmental practices throughout the Company's supply chain. More information about the Company and its corporate citizenship practices and initiatives can be found at www.gildan.com and www.genuinegildan.com, respectively.

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