Gildan: An Apparel Giant18 Jul 2016, Posted by NEWS Posts in
Being recognized as a business that lands itself among the “apparel giants” in Apparel magazine’s Top 50 is a feat, to say the least. But for Gildan, its feature in the 2016 list – ranking number two right after Michael Kors – is manifested recognition of their accomplishments as a business that has been carving out its notoriety in the apparel industry for over 30 years. Simply stated, the company manufactures branded, basic apparel that has you covered from head to toe; but the minute you acknowledge the plethora of brands managed under the Gildan umbrella, you realize this is no average business – it’s an industry-leading powerhouse.
Motivated to get things just right, Gildan uses vertically-integrated operations along with company-enhancing investments, such as their yarn spinning expenditure that reduced costs yet yielded higher quality yarns, to deliver the reliable products for which they’re applauded. With detailing like reinforced neck and shoulder seems, and their use of spandex instead of rubber in items such as underwear, they understand that apparel is driven by comfort and functionality just as much as it is defined by style. Not only is their value exemplified in the fact that they hold licenses for the Under Armour® and New Balance® brands, but as Apparel points out, even the famous country singer Blake Shelton signed on as a celebrity endorser in 2015. While many blank apparel manufacturers often miss the lime light by virtue of outsourcing to brands that are heavily marketed and well-known, this is clearly not the case for Gildan.
Even with an environmentally and labor-conscious mindset, Gildan is still capitalizing on its product, as proven in the statistics provided by Apparel: an 11% increase in branded apparel, a 14% gain in market share for men’s socks alone, and a 12% increase in U.S. printwear. When you consider that any given company making Apparel’s Top 50 needs to generate “at least $100 million in annual sales,” those percentages are put into perspective and offer a glimpse of Gildan’s overwhelming success.
Gildan teamed up with FDM4 in 2015 and now uses FDM4 apparel ERP, B2B E-commerce, and warehouse management software to manage Comfort Colors and Gildan Japan. Given their innovation and stewardship, we anticipate that they will continue to be featured in Apparel’s Top 50 in 2017 with another year’s worth of accolades to showcase as we roll out the implementation of the newly acquired Alstyle.