Essay regarding Gildan Activewear Company Account

Company Account

•Company Name- Gildan Activewear, Inc

•Market- Gildans offers over 60 per cent market share in the wholesale Tee shirt, jersey category when compared with less than 10% it had over 10 years ago. The market size in The united states is around $2. 25 billion dollars, while a worldwide market the organization is currently penetrating offers the same or better market potential than the United States. •Where it truly is based- Founded in 1984 and it is headquartered in Montreal, Canada. (Covestor, 2010)

Gildan Activewear, Inc engages in the manufacture and sale of attire products mainly in the United States, Canada and The european countries. The company provides T-shirts, sport shirts and fleece in big amounts to wholesale distributors while undecorated " blanks" that are subsequently adorned by screen printers with designs and logos. You can actually products are used in sites such as sports, entertainment, corporate events, travel around and tourism as well as function uniforms. Besides that, it also sells athletic socks to retailers in North America which is now leading suppliers of socks inside the U. S. mass-market price tag channel. Additionally , it has become a main objective to turn into a significant distributor of in a number of and boys' underwear and undecorated lively wear goods to mass-marker retailers in North America. The organization also makes its products in Central America, Canada, and South america. Gildan Activewear currently ecuries over twenty-eight, 000 full-time employees all over the world and is nonetheless headquartered in Montreal, Canada. (NYSE, 2012; Hoovers, 2012; Gildan Activewear Inc, 2011) Gildan Activewear posted a net income of $ ninety five, 329 , 000, 000 in FY 2009 and it elevated to $198, 245 mil in FY 2010. The positive growth in net income may increase his or her retail market is constantly on the expand and the sales revenue increases via significantly larger unit revenue. Furthermore, Gildans Net Earnings for FY 2010 were $ thirty five. 9 , 000, 000 which were up 25 % from FY 2010. The growth was due to strong sales in revenue inspite of low...

Recommendations: Covestor. (2010). Gildan Activewear (GIL). [Online]. Offered from: http://www.wikinvest.com/stock/Gildan_Activewear_(GIL) [28 February 2012].

Gildan Activewear Inc. (2011). Gildan Activewear Inc. [Online]. Offered from: http://apps.shareholder.com/sec/viewerContent.aspx?companyid=GIL&docid=7641371&print=yes [8 March 2012].

Hoovers. (2012). Gildan Activewear Inc. Company Profile. Available via: http://biz.yahoo.com/ic/57/57292.html [28 Feb . 2012].

NYSE. (2012). Gildan Activewear, Inc-Profile. Available by: http://finance.yahoo.com/q/pr?s=gil [28 Feb . 2012].

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