Gildan wins underwear contract as retailers boost exclusive brands

Gildan Activewear Inc. said it won a contract to produce men’s underwear for a major retailer, part of the clothing maker’s bid to capitalize on companies’ growing preference to sell their own lines of apparel.
The Montreal-based company, which also owns American Apparel, said it secured a contract for 2019 to manufacture men’s underwear for its “largest mass retail customer.” That customer, according to Bloomberg data, is Walmart Inc. Gildan declined to name