VerityRank
Gildan Activewear Inc.
Brand & Manufacturer VerifiedCanada

Gildan Activewear Inc.

Gildan Activewear Inc. is a world-leading vertically integrated manufacturer of activewear and basic apparel, headquartered in Montreal, Quebec, Canada. Its core business focuses on blank T‑shirts, fleece, bottoms, underwear, and hosiery serving the B2B printwear market, wholesale distributors, and major retailers. Estimated 2025 revenue reached approximately $3.4–$3.5 billion (excluding HanesBrands), with ~49,000 employees and nearly 30 self‑owned factories. Listed on the TSX and NYSE (NYSE : GIL), Gildan completed the acquisition of HanesBrands in late 2025, creating a combined entity with ~$6.9 billion annual revenue, further solidifying its dominance in basics through end‑to‑end vertical integration and a strong commitment to sustainability.

Strengths: Gildan’s core strengths lie in its rare, fully integrated manufacturing model—self‑owned factories contribute over 90% of sales, delivering unparalleled cost control and consistent quality; as the world’s largest supplier of blank apparel, it holds near‑monopoly scale and channel dominance in the B2B printwear market; the 2025 HanesBrands acquisition integrates iconic labels (Hanes, American Apparel), making underwear/hosiery a robust second pillar and creating a full‑category moat from basics to innerwear.

Weaknesses: Gildan’s main weaknesses stem from its long‑standing B2B/wholesale orientation, resulting in weak brand recognition and fashion appeal in direct‑to‑consumer channels; business is heavily concentrated in North America, with insufficient localized depth in emerging markets despite a broad distribution network; the 2024–2025 proxy fight incurred significant costs, and exposure to U.S. tariff policy shifts adds geopolitical supply‑chain risk; licensing volatility (e.g., termination of the Under Armour sock license) temporarily disrupts revenue streams.
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CanadaFounded 198449K+ / 100
Listed onNYSETSX
Last updated: November 2026·By VerityRank Research Team·Methodology

Listed market data

TSX · NYSE · weeklyHistory →
Market cap
$7.6 B
Share price
USD 40.61
1Y change
-31.7%
Recent change
-0.8%

11-02 → 11-03

Since first close
×100.0

from 1998-06

· updated 2026-11-03Source ↗

Financial history

Full market history
USD 0$0USD 20$3.75 BUSD 40$7.5 BUSD 60$11.25 BUSD 80$15.0 B2025-122026-012026-022026-032026-042026-052026-062026-072026-082026-092026-102026-11
MonthCloseMarket capChange
  • 2026-11USD 40.61≈ $7.6 B+2.3%
  • 2026-10USD 39.70≈ $7.4 B-6.9%
  • 2026-09USD 42.63≈ $8 B-18.2%
  • 2026-08USD 52.13≈ $9.7 B-5.9%
  • 2026-07USD 55.38≈ $10.3 B+7.3%
  • 2026-06USD 51.60≈ $9.6 B-15.4%
  • 2026-05USD 60.98≈ $11.4 B-1.6%
  • 2026-04USD 61.99≈ $11.6 B+11.4%
  • 2026-03USD 55.65≈ $10.4 B-18.3%
  • 2026-02USD 68.09≈ $12.7 B+4.8%
  • 2026-01USD 64.98≈ $12.1 B+4.0%
  • 2025-12USD 62.46≈ $11.7 B—
Monthly closes · 2025-12 – 2026-11 · Full market history

Ownership & Control

Latest available filings
Controlling entity
Publicly held — no controlling shareholder disclosed
Company type
Brand & Manufacturer
Insiders
—
Institutions
—
Free float
—

Percentages are of total shares outstanding, aggregated from 13F-style filings via Yahoo Finance. Institutional figures reflect US-filed positions and may undercount owners filing elsewhere. No figure is shown where none is disclosed.

In the press

All coverage →5 latest headlines2
Headlines aggregated from public feeds. Sentiment tags are keyword-based, not editorial judgement.

Gildan Activewear Inc. is a Canadian vertically integrated apparel manufacturer headquartered in Montreal, Quebec. Listed on the Toronto Stock Exchange (TSX) and New York Stock Exchange (NYSE) under ticker symbol GIL, the company has established itself as the world's largest blank apparel supplier, particularly dominating the North American Printwear market with products distributed to over 60 markets.

Core Business

Gildan's core operations span men's, women's, and children's apparel, with flagship products including T-shirts, activewear, hosiery, and underwear. The company operates under multiple brands, including Gildan, Comfort Colors, and American Apparel, with the Hanes brand family added through the 2025 acquisition. Gildan's primary business model remains B2B/customizable apparel for screen printers and decorators.

For 2025, Gildan reported cumulative Q1-Q3 revenues of approximately $2.54 billion, with full-year guidance projecting revenues between $3.4–3.5 billion on a standalone basis. Following the acquisition of HanesBrands completed in late 2025, the company's pro-forma revenue is expected to reach approximately $6.9 billion, substantially expanding its portfolio in underwear and active basics.

Global Presence

With approximately 49,000 employees across 12 countries, Gildan operates approximately 30 vertically integrated production facilities across Central America, the Caribbean, North America, and Bangladesh. The company's manufacturing scale enables annual production capacity exceeding one billion garments, supporting its dominant position in the printwear channel across more than 60 global markets.

Key Strengths

Gildan's competitive positioning is anchored in vertical integration, with over 90% of sales derived from products manufactured in company-owned facilities, delivering significant cost efficiencies and supply chain control. The company has been recognized by TIME magazine as one of the world's most sustainable companies and has been included in the Dow Jones Sustainability Index for multiple years, reflecting its investment in sustainable manufacturing technologies. Founder Glenn Chamandy returned as CEO following a 2024 proxy battle, positioning the company for continued growth following its landmark acquisition of HanesBrands for approximately $4.4 billion.

VerityRank Score

VerityRank Score of 86/100

Quick Facts

Headquarters

Montreal, Quebec, Canada

Founded

1984

Employees

49K+

Market cap

$7.6 B

Presence

60+ Countries

Listing

NYSE: TSX
Categories

21 categories · scroll for more

Related

Data Sources & Methodology

This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.

VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.

Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.

Key references: NYSE : GIL