Gildan Activewear Inc. (GIL) Grants S&S Activewear Exclusive Distribution Rights in Canada and the U.S. to Boost Brand Reach

With strong upside potential and significant hedge fund interest, Gildan Activewear Inc. (NYSE:GIL) secures a spot on our list of the 10 Must-Buy Canadian Stocks to Invest in.

With the announcement of a significant extension of its collaboration with S&S Activewear, Gildan Activewear Inc. (NYSE:GIL) granted the distributor exclusive rights to its portfolio of trademarks, which include Gildan, Comfort Colors, American Apparel, and Champion, in the Canadian imprintables market on August 6, 2025.

This agreement, which will take effect on December 28, 2025, aims to improve product availability and expedite ordering for Canadian consumers. Gildan Activewear Inc. (NYSE:GIL) also disclosed a parallel agreement that day that granted S&S the sole right to distribute its American Apparel® brand in the United States. The goal of the move is to increase sales and brand recognition through S&S’s wide-ranging U.S. network. By combining Gildan’s supply capabilities with S&S’s strong infrastructure, these partnerships strengthen Gildan’s position in North America and enable it to provide more scale, reach, and service.

With vertically integrated worldwide operations, Gildan Activewear Inc. (NYSE:GIL) is a top clothing manufacturer that sells sportswear, underwear, and socks under labels such as Gildan, American Apparel, Comfort Colors, and others.

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Disclosure: None.