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Vol I - Edition III
Wishing to maintain everyone informed with the changes and new products that we offer, we have decided to start sending this News Letter. If you do not want to receive it, please send us an email to email@example.com, and I will take you out of the list.
MONTREAL -- Gildan Activewear will begin making apparel bearing its own label, a new direction from its traditional role of producing generic T-shirts for printers and wholesalers.
While the U.S. accounts for about 85 percent of Gildan’s sales, the new products will initially hit Canadian stores next year and will include T-shirts, sweatshirts, underwear and cotton socks, according to company president Glenn Chamandy. His goal is to triple annual sales to $1.5 billion by 2010 which would see Gildan’s workforce grow to 30,000 from 9,000, mostly in Honduras and the Dominican Republic.
Only 900 workers remain in Canada after the company closed two yarn-spinning plants in Quebec and Ontario at the end of March, affecting 285 employees and shifting production to Clarkton, N.C. The move is expected to save $4 million annually. The new U.S. plant is leased and operated by Gildan’s yarn-spinning joint venture with Frontier Spinning Mills. Gildan plans to use its low-cost manufacturing facilities to support its retail strategy of offering a better quality garment and better packaging at a better price, Chamandy said.
The company’s branded T-shirts will retail for less than $10 and a pack of six pairs of socks will sell for $6 or $7. Gildan has $425 million in capital expenditures planned between now and 2009 to expand its existing operations which will boost annual capacity to 100 million dozen T-shirts within five years from the current 32 million dozen.
textile Import Safeguards Moving Forward
SATO is now selling machines to make price tickets:
Why do you have to continue depending on their on-time deliveries of the products that can be made in your own plant? You can now drive your own destiny and have the flexibility needed to answer to the orders even if they are to small. You can Buy the new SATO machine XL400e and solve the problem. Or if you prefer, you can rent it from TTS and sign a contract to purchase the ribbon and the blank tickets. To get additional information and the specs of the machine please go to this link:
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