July 08, 2021
Top 40 Suppliers 2021: No. 6 Gildan
Counselor’s exclusive ranking of the suppliers with the most revenue in the promotional products industry.
Gildan (asi/56842)
Bruised by everything from COVID-driven factory closures to free-falling market demand, Gildan experienced an overall $225.3 million net loss last year, according to earnings statements from the publicly traded company. Its activewear division revenue, which includes sales to promo, fell 33.8% – the figure by which Counselor estimates Gildan’s North American promo sales declined. In a sign of recovery, Gildan’s Q1 2021 total global sales were up 28.4%, with activewear up 30.1%.
Previous Rank: 5
2020 Revenue: $413.1 (Estimate)