Gildan Activewear Inc. announced its financial results for the second quarter of its 2012 fiscal year last week, reconfirming its prior earnings guidance for the full fiscal year. The earnings report came on the heels of the company's announcement that it had reached an agreement to acquire Anvil Knitwear.
This week saw lots of news that matters to the industry: Gildan announced it will acquire Anvil, HALO was sold, Bernstein moved to CEO of Polyconcept, and I took a trip to Florida. That last part is the most important. Trust me.
Gildan Activewear Inc. today announced that it has signed a definitive agreement to acquire 100 percent of the common shares of New York-based Anvil Holdings Inc. (Anvil), parent company of promotional product supplier Anvil Knitwear, for a total purchase price of approximately U.S. $88 million.
Anvil Knitwear has announced its sponsorship of the Earth Day Organic Indoor Learning Garden program in partnership with Earth Day New York.
As part of its 2011 summation and 2012 preview, apparel news website just-style.com spoke to the presidents, buyers and designers of some of the world's most prominent clothing companies to find out what they think are the biggest concerns of the new year. Included in the article are interviews with Anthony Corsano, president and CEO of supplier Anvil Knitwear, and Mike Flanagan, CEO of apparel sourcing website Clothesource.
Some of the most common concerns are the cost of raw materials, especially cotton, and the labor and economic changes happening in China. Click the link below to read the full story.
Brisk. Chilly. Crisp. Equinox-y. However you want to describe early fall and spring weather, one fact is true: it wrecks havoc on the sleeve-length-deciding portion of a person's brain. Is it too cold to rock a T-shirt? What if there's a lot of sun where you're going and you'll die wearing a hoodie? But then what if it gets really windy and the cool breeze just ravages you're uncovered forearms?
Anvil Knitwear was a sponsor of Farm Aid 2011 whose mission is to build a vibrant family farm-centered system of agriculture in America. The concert, held last weekend on Saturday, August 13, featured six exclusive Farm Aid designs on Anvil Knitwear T-shirts featuring Texas cotton from organic and transitional growers.
This year's concert in Kansas City, Kan., at LIVESTRONG Sporting Park, featured Farm Aid t-shirts with Anvil's Shirt Scan technology that allowed concertgoers to view exclusive Farm Aid content, including documentary footage of Willie Nelson, Neil Young, John Mellencamp and Dave Matthews.
Anvil Knitwear, New York, announced that Heather Stefani has joined the sportswear company as executive vice president of marketing, directly reporting to president and CEO Anthony Corsano.
Anvil Knitwear received Best First Time Report for its CSR Report for the North American competition sponsored by Ceres and the Association for Chartered Certified Accountants (ACCA) at the Ceres conference in Oakland, California.
Cincinnati-based TSC Apparel announced their 2011 Open House event, to be held in the newly expanded distribution center in Fullerton, Calif., on Friday, May 20.