# Gildan Activewear Inc.

Summary updated: 2026-10-02T10:14:08.722414Z
Canonical: https://finbar.com/research/companies/gildan-activewear

## Overview

Gildan Activewear Inc. is a vertically integrated apparel manufacturer focused on everyday basics, including T-shirts and other activewear, socks, underwear, and intimates. Its brands include Gildan, Hanes, Champion, American Apparel, and GoldToe. The company sells through wholesale distributors and other channels across North America, Europe, Asia-Pacific, and Latin America, with manufacturing operations in the United States, Central America, the Caribbean, and Asia. [1](https://app.finbar.com/go?id=P139261825)[2](https://app.finbar.com/go?id=P139261831)[3](https://app.finbar.com/go?id=P139261835)[4](https://app.finbar.com/go?id=T15914193)

Gildan describes its vision as “Making Apparel Better®,” reflecting its focus on how apparel is made. For fiscal 2025, net sales from continuing operations were $3.619 billion, including $217 million from HanesBrands after its acquisition on December 1, 2025. Its 2026 Annual Information Form reported approximately 80,000 employees worldwide, a figure reflecting the post-acquisition company. [5](https://gildancorp.com/en/company/vision-mission-values/)[6](https://app.finbar.com/go?id=P139261907)[7](https://www.sec.gov/Archives/edgar/data/1061894/000106189426000006/exhibit993-annualinformati.htm)
[1](https://app.finbar.com/go?id=P139261825)[2](https://app.finbar.com/go?id=P139261831)[3](https://app.finbar.com/go?id=P139261835)[4](https://app.finbar.com/go?id=T15914193)[6](https://app.finbar.com/go?id=P139261907)[5](https://gildancorp.com/en/company/vision-mission-values/)[7](https://www.sec.gov/Archives/edgar/data/1061894/000106189426000006/exhibit993-annualinformati.htm)[5](https://gildancorp.com/en/company/vision-mission-values/)[7](https://www.sec.gov/Archives/edgar/data/1061894/000106189426000006/exhibit993-annualinformati.htm)

## Products & services

Gildan’s products span activewear, hosiery, underwear and intimates. Activewear includes T-shirts, fleece tops and bottoms, sport shirts, polos and tank tops, sold under brands and lines including Gildan, Hanes, Champion, Comfort Colors, American Apparel, Hammer, Softstyle and DryBlend. Hosiery includes athletic, dress, casual and workwear socks, as well as liner and therapeutic-purpose socks; brands include GoldToe, Peds and MediPeds. Underwear includes men’s and boys’ tops and bottoms and women’s panties, while intimates include lingerie, bras and shapewear, with brands such as Bali, Playtex, WonderBra, Maidenform, Bonds and Berlei. [8](https://app.finbar.com/go?id=P139261833)

Product specifications vary by style. Examples from Gildan’s product range include a Hammer H000 T-shirt made from 6 oz/yd², 100% ring-spun U.S. cotton; a Softstyle 64000 T-shirt made from 4.3 oz/yd², 100% ring-spun cotton in solid colors; and a DryBlend 8000 T-shirt made from 5.5 oz/yd², 50% U.S. cotton and 50% polyester, with moisture-wicking properties. The DryBlend 8400 uses MVS Air spinning, which Gildan describes as reducing pilling and enhancing durability and comfort. [9](https://www.gildan.com/us/en/h000-adult-t-shirt-en_us/)[10](https://retail.gildan.com/softstyle-adult-t-shirt/)[11](https://www.gildan.com/us/en/8000-adult-t-shirt-en_us/)[12](https://www.gildan.com/us/en/8400-adult-long-sleeve-t-shirt-en_us/)

Many activewear garments are sold undecorated for downstream printing and embellishment. Gildan also supplies selected global athletic and lifestyle brands, while branded underwear, socks and intimates are sold through retail and online channels, including direct-to-consumer. Its manufacturing capabilities span yarn spinning, textiles, sewing and distribution. [2](https://app.finbar.com/go?id=P139261831)[13](https://app.finbar.com/go?id=P139279164)[14](https://gildancorp.com/en/company/manufacturing-process/)

In fiscal 2025, Activewear represented 85% of net sales and Innerwear—which includes underwear, hosiery and intimates—represented 15%. [2](https://app.finbar.com/go?id=P139261831)
[8](https://app.finbar.com/go?id=P139261833)[9](https://www.gildan.com/us/en/h000-adult-t-shirt-en_us/)[10](https://retail.gildan.com/softstyle-adult-t-shirt/)[11](https://www.gildan.com/us/en/8000-adult-t-shirt-en_us/)[12](https://www.gildan.com/us/en/8400-adult-long-sleeve-t-shirt-en_us/)[2](https://app.finbar.com/go?id=P139261831)[13](https://app.finbar.com/go?id=P139279164)[14](https://gildancorp.com/en/company/manufacturing-process/)[9](https://www.gildan.com/us/en/h000-adult-t-shirt-en_us/)[10](https://retail.gildan.com/softstyle-adult-t-shirt/)[11](https://www.gildan.com/us/en/8000-adult-t-shirt-en_us/)[12](https://www.gildan.com/us/en/8400-adult-long-sleeve-t-shirt-en_us/)[14](https://gildancorp.com/en/company/manufacturing-process/)

## Geographic presence

Gildan Activewear’s latest annual reporting year is fiscal 2025, ended December 28, 2025. Its reported net sales were concentrated in the United States: US$3,254.2 million (about 89.9% of total). Canada accounted for US$125.0 million (about 3.5%) and International markets US$240.0 million (about 6.6%), out of total net sales of US$3,619.2 million. The percentages are calculated from reported amounts. [15](https://app.finbar.com/go?id=T15914198) [16](https://app.finbar.com/go?id=P139262373)

The company’s manufacturing footprint spans the United States, Honduras, Nicaragua, El Salvador, the Dominican Republic, Mexico, Brazil, Argentina, Bangladesh, Vietnam, Thailand and Indonesia. The 2025 report lists six U.S. yarn-spinning facilities; Honduras has four textile and two sewing facilities; Nicaragua has five sewing facilities; El Salvador has two sewing facilities; the Dominican Republic has two textile and five sewing facilities; and Bangladesh has two textile and three sewing facilities. It also identifies garment-dyeing and hosiery operations in Honduras and El Salvador. [17](https://app.finbar.com/go?id=P139261838)

Gildan’s corporate head office is in Montreal, Canada, and its global sales and marketing office is in Christ Church, Barbados. It reports approximately 80,000 employees worldwide but does not provide a geographic breakdown. Its distribution network includes company-operated centers across the Americas and in other manufacturing and sales locations, including Bangladesh and Australia; third-party warehouses supplement distribution in North America and Europe. [18](https://app.finbar.com/go?id=P139261842) [19](https://app.finbar.com/go?id=P139261840)
[15](https://app.finbar.com/go?id=T15914198)[15](https://app.finbar.com/go?id=T15914198)[15](https://app.finbar.com/go?id=T15914198)[15](https://app.finbar.com/go?id=T15914198)[16](https://app.finbar.com/go?id=P139262373)[17](https://app.finbar.com/go?id=P139261838)[18](https://app.finbar.com/go?id=P139261842)[19](https://app.finbar.com/go?id=P139261840)

## Business segments

Gildan Activewear Inc. reports its business as one operating segment; Activewear and Innerwear are product groups rather than separately reported operating segments. [20](https://app.finbar.com/go?id=P139262974) In FY2025, Activewear generated $3,088.0 million, approximately 85.3% of total net sales of $3,619.2 million. Its products include blank apparel such as T-shirts, fleece, sport shirts, polos and tanks, primarily sold through wholesale distributors and imprintables channels for decoration. [21](https://app.finbar.com/go?id=T15914197)[2](https://app.finbar.com/go?id=P139261831)

Innerwear generated $531.2 million in FY2025, approximately 14.7% of net sales. This product group includes underwear, hosiery and socks, and intimates such as bras, panties and shapewear, sold through retail and online channels and to select global brand customers. [21](https://app.finbar.com/go?id=T15914197)[2](https://app.finbar.com/go?id=P139261831) The 2026 first-quarter filing describes product lines and channels but does not provide a comparable revenue split, so these percentages reflect FY2025. [13](https://app.finbar.com/go?id=P139279164)[22](https://app.finbar.com/go?id=T15915957)
[20](https://app.finbar.com/go?id=P139262974)[21](https://app.finbar.com/go?id=T15914197)[2](https://app.finbar.com/go?id=P139261831)[13](https://app.finbar.com/go?id=P139279164)[22](https://app.finbar.com/go?id=T15915957)

## Company history

Gildan’s roots date to 1946, when Joseph Chamandy founded Montreal children’s-apparel maker Harley Inc. His grandsons Greg and Glenn Chamandy took over its leadership in 1982, acquired a circular-knitting mill, and founded Gildan Textiles Inc. in 1984. Gildan added a dyeing facility in Valleyfield, Quebec, in 1987. [23](https://gildancorp.com/en/company/our-story/)[24](https://gildancorp.com/media/uploads/reports/bexhibit_99.3__-_annual_information_form_-_2024_february_2025.pdf)

In 1997, Gildan opened its first vertically integrated textile facility in Honduras and expanded into the U.S. and Canadian markets. In 2004, co-founder H. Greg Chamandy stepped down as co-CEO and Glenn Chamandy became sole CEO. A series of acquisitions broadened the business: Kentucky Derby Hosiery in 2006, Gold Toe Moretz in 2011, Anvil in 2012, Comfort Colors in 2015, and American Apparel’s brand and certain assets in 2017. [23](https://gildancorp.com/en/company/our-story/)[25](https://gildancorp.com/en/media/news/glenn-chamandy-assumes-CEO-role/)[26](https://gildancorp.com/en/media/news/gildan-announces-closing-acquisition-kentucky-derb/)[27](https://gildancorp.com/en/media/news/gildan-announces-closing-acquisition-gold-toe-more/)[28](https://gildancorp.com/en/media/news/gildan-announces-completion-acquisition-anvil/)[29](https://gildancorp.com/en/media/news/gildan-announces-acquire-comfort-colors-100m/)[30](https://gildancorp.com/en/media/news/gildan-activewear-wins-auction-bankruptcy-process/)

After Glenn Chamandy’s departure was announced in December 2023, Vince Tyra became CEO in January 2024; following a board change, Chamandy was reappointed CEO in May 2024. In December 2025, Gildan completed its acquisition of HanesBrands, a major expansion in the company’s history. [31](https://gildancorp.com/en/media/news/-leadership-changes-vinces-tyra-appointed-CEO/)[32](https://gildancorp.com/en/media/news/glenn-chamandy-appointed-as-president-and-ceo/)[33](https://app.finbar.com/go?id=P139262560)[34](https://gildancorp.com/en/media/news/gildan-completes-acquisition-of-hanesbrands/)
[33](https://app.finbar.com/go?id=P139262560)[23](https://gildancorp.com/en/company/our-story/)[24](https://gildancorp.com/media/uploads/reports/bexhibit_99.3__-_annual_information_form_-_2024_february_2025.pdf)[25](https://gildancorp.com/en/media/news/glenn-chamandy-assumes-CEO-role/)[26](https://gildancorp.com/en/media/news/gildan-announces-closing-acquisition-kentucky-derb/)[27](https://gildancorp.com/en/media/news/gildan-announces-closing-acquisition-gold-toe-more/)[28](https://gildancorp.com/en/media/news/gildan-announces-completion-acquisition-anvil/)[29](https://gildancorp.com/en/media/news/gildan-announces-acquire-comfort-colors-100m/)[30](https://gildancorp.com/en/media/news/gildan-activewear-wins-auction-bankruptcy-process/)[31](https://gildancorp.com/en/media/news/-leadership-changes-vinces-tyra-appointed-CEO/)[32](https://gildancorp.com/en/media/news/glenn-chamandy-appointed-as-president-and-ceo/)[34](https://gildancorp.com/en/media/news/gildan-completes-acquisition-of-hanesbrands/)

## Sources

1. [Gildan Activewear Inc. — Full financial report (2025 Y), p13](https://app.finbar.com/go?id=P139261825)
2. [Gildan Activewear Inc. — Full financial report (2025 Y), p14](https://app.finbar.com/go?id=P139261831)
3. [Gildan Activewear Inc. — Full financial report (2025 Y), p14](https://app.finbar.com/go?id=P139261835)
4. [Gildan Activewear Inc. — Full financial report (2025 Y), p14](https://app.finbar.com/go?id=T15914193)
5. [gildancorp.com](https://gildancorp.com/en/company/vision-mission-values/)
6. [Gildan Activewear Inc. — Full financial report (2025 Y), p24](https://app.finbar.com/go?id=P139261907)
7. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/1061894/000106189426000006/exhibit993-annualinformati.htm)
8. [Gildan Activewear Inc. — Full financial report (2025 Y), p14](https://app.finbar.com/go?id=P139261833)
9. [www.gildan.com](https://www.gildan.com/us/en/h000-adult-t-shirt-en_us/)
10. [retail.gildan.com](https://retail.gildan.com/softstyle-adult-t-shirt/)
11. [www.gildan.com](https://www.gildan.com/us/en/8000-adult-t-shirt-en_us/)
12. [www.gildan.com](https://www.gildan.com/us/en/8400-adult-long-sleeve-t-shirt-en_us/)
13. [Gildan Activewear Inc. — Full financial report (2026 Q 1), p5](https://app.finbar.com/go?id=P139279164)
14. [gildancorp.com](https://gildancorp.com/en/company/manufacturing-process/)
15. [Gildan Activewear Inc. — Full financial report (2025 Y), p24](https://app.finbar.com/go?id=T15914198)
16. [Gildan Activewear Inc. — Full financial report (2025 Y), p89](https://app.finbar.com/go?id=P139262373)
17. [Gildan Activewear Inc. — Full financial report (2025 Y), p15](https://app.finbar.com/go?id=P139261838)
18. [Gildan Activewear Inc. — Full financial report (2025 Y), p15](https://app.finbar.com/go?id=P139261842)
19. [Gildan Activewear Inc. — Full financial report (2025 Y), p15](https://app.finbar.com/go?id=P139261840)
20. [Gildan Activewear Inc. — Full financial report (2025 Y), p154](https://app.finbar.com/go?id=P139262974)
21. [Gildan Activewear Inc. — Full financial report (2025 Y), p23](https://app.finbar.com/go?id=T15914197)
22. [Gildan Activewear Inc. — Full financial report (2026 Q 1), p5](https://app.finbar.com/go?id=T15915957)
23. [gildancorp.com](https://gildancorp.com/en/company/our-story/)
24. [gildancorp.com](https://gildancorp.com/media/uploads/reports/bexhibit_99.3__-_annual_information_form_-_2024_february_2025.pdf)
25. [gildancorp.com](https://gildancorp.com/en/media/news/glenn-chamandy-assumes-CEO-role/)
26. [gildancorp.com](https://gildancorp.com/en/media/news/gildan-announces-closing-acquisition-kentucky-derb/)
27. [gildancorp.com](https://gildancorp.com/en/media/news/gildan-announces-closing-acquisition-gold-toe-more/)
28. [gildancorp.com](https://gildancorp.com/en/media/news/gildan-announces-completion-acquisition-anvil/)
29. [gildancorp.com](https://gildancorp.com/en/media/news/gildan-announces-acquire-comfort-colors-100m/)
30. [gildancorp.com](https://gildancorp.com/en/media/news/gildan-activewear-wins-auction-bankruptcy-process/)
31. [gildancorp.com](https://gildancorp.com/en/media/news/-leadership-changes-vinces-tyra-appointed-CEO/)
32. [gildancorp.com](https://gildancorp.com/en/media/news/glenn-chamandy-appointed-as-president-and-ceo/)
33. [Gildan Activewear Inc. — Full financial report (2025 Y), p104](https://app.finbar.com/go?id=P139262560)
34. [gildancorp.com](https://gildancorp.com/en/media/news/gildan-completes-acquisition-of-hanesbrands/)

AI-generated summary; may contain errors. Not investment advice. Sign up to Finbar to view original document sources and access worldwide fundamental financial data and intelligence.