Montreal, Canada-based Gildan Activewear (PPAI 250187, Platinum) moved up two spots, completing its $2.2 billion acquisition of Hanesbrands in late 2025, significantly expanding its scale and product offering. The supplier also expanded its distribution reach through an exclusive wholesale agreement with S&S Activewear (PPAI 256121, Platinum) for its American Apparel brand in the U.S.
Sustainability remains central to Gildan’s strategy, as it intends to source 100% sustainable cotton.
Gildan saw modest sales gains in 2024 despite leadership challenges, alongside executive changes as part of a broader succession plan.
PPAI 100 Percentile By Category
