Skip to main content

Gildan Activewear to start producing personal protective equipment to help slow the spread of COVID-19

Written by Customer Service on . Posted in Public Companies.

MONTREAL, April 08, 2020 (GLOBE NEWSWIRE) — Gildan Activewear Inc. (GIL: TSX and NYSE) today announced that it has joined forces with various business partners to leverage its manufacturing facilities to produce non-medical face masks and isolation gowns in support of the global fight against the COVID-19 pandemic.
Gildan is working with one of its customers in the imprintables channel to support a cooperative consortium of major apparel and textile companies to help produce non-medical face masks to be distributed to support hospitals, health care workers and others battling the spread of the COVID-19 virus. Both the design and textile fabric to be used in the production of these masks are being provided by partners of the consortium who are working in collaboration to lessen the major shortage of face masks. Gildan is also working with a retail partner to produce non-medical face masks primarily intended for healthcare organizations worldwide. This initiative includes manufacturing the required textile for the production of these masks. Moreover, the Company is also working with another retail partner to manufacture isolation gowns to be distributed to the health care sector to help address the current shortage of personal protective equipment in fighting COVID-19.Gildan has received authorization from the Honduras government to partially reopen one of its textile facilities to produce the fabric needed for the masks and gowns, and one of its sewing facilities in Honduras for the assembly of these products. To ensure the health and safety of its people, Gildan has mobilized a team of experts and is developing and implementing stringent processes to protect employees who have chosen to come back to work on this effort. The facilities that will be reopened for the production of personal protective equipment will all operate under a strict biosecurity protocol developed following government mandated guidelines and industry best practices.“As an organization we are committed to playing a proactive role in supporting the shortage of personal protective equipment needed in the global fight against this pandemic,” said Glenn Chamandy, President and CEO of Gildan. “I want to thank our partners and everyone at Gildan who have been working diligently to get the required authorizations and plans in place to start the production of these much-needed items, and especially the facility workers who have volunteered to work to produce these products,” he added.The Company is also having discussions with other partners in the retail and imprintables industry interested in distributing personal protective equipment. Finally, the Company has also communicated with other governments in the countries where it operates, including Canada and Honduras, and has offered to supply non-medical masks and isolation gowns as needed.About Gildan
Gildan is a leading manufacturer of everyday basic apparel which markets its products in North America, Europe, Asia-Pacific, and Latin America, under a diversified portfolio of Company-owned brands, including Gildan®, American Apparel®, Comfort Colors®, Gildan® Hammer™, Prim + Preux®, GoldToe®, Anvil® by Gildan®, Alstyle®, Secret®, Silks®, Kushyfoot®, Secret Silky®, Therapy Plus®, Peds® and MediPeds®, and under the Under Armour® brand through a sock licensing agreement providing exclusive distribution rights in the United States and Canada. Our product offering includes activewear, underwear, socks, hosiery, and legwear products sold to a broad range of customers, including wholesale distributors, screenprinters or embellishers, as well as to retailers that sell to consumers through their physical stores and/or e-commerce platforms, and to global lifestyle brand companies.Gildan owns and operates vertically-integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean Basin, North America, and Bangladesh. With approximately 53,000 employees worldwide, Gildan operates with a strong commitment to industry-leading labour and environmental practices throughout its supply chain in accordance with its comprehensive Genuine Responsibility® program embedded in the Company’s long-term business strategy. More information about the Company and its corporate citizenship practices and initiatives can be found at www.gildancorp.com and www.genuineresponsibility.com, respectively.Investor inquiries:
Sophie Argiriou
Vice President, Investor Communications
(514) 343-8815
sargiriou@gildan.comMedia inquiries:
Genevieve Gosselin
Director, Corporate Communications and Marketing
(514) 343-8814
ggosselin@gildan.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.