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Gildan Donates Apparel Worth $200,000 to FireAid Concert Benefitting LA Wildfire Victims

1. Gildan donates $200,000 worth of garments to FireAid for wildfire relief. 2. Funds from concert sales will support short- and long-term recovery efforts. 3. Gildan emphasizes its commitment to responsible manufacturing and community support. 4. FireAid concert features star-studded lineups and will be streamed widely. 5. Gildan operates under strong ESG practices, enhancing brand reputation.

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FAQ

Why Bullish?

Philanthropic efforts may enhance Gildan's public image, boosting consumer sales.

How important is it?

Community support initiatives like this can positively influence brand perception and sales.

Why Short Term?

Immediate sales from the FireAid concert could result in quick revenue boosts.

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GILAPPCHMP
CHARLESTON, S.C., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Gildan is pleased to donate U.S.$200,000 worth of American Apparel® and Gildan® garments to FireAid, a concert benefiting those affected by the ongoing wildfires in Los Angeles, California. Shirts and hoodies will be available for purchase at the event with all funds from their sale going directly to short-term relief efforts as well as long-term initiatives to prevent future fire disasters in Southern California. “At Gildan, we believe in making apparel responsibly and supporting the communities in countries where we operate,” said Chuck Ward, President, Sales, Marketing and Distribution at Gildan. “Our hearts go out to everyone, who has been affected by the wildfires in Southern California, and we are pleased to contribute to the relief efforts through our donation to the FireAid concert.” Scheduled for January 30, FireAid features two star-studded lineups held at Intuit Dome and Kia Forum in Los Angeles. FireAid will also be broadcast and streamed across multiple platforms, as well as in select AMC Movie Theaters. For more information on how to purchase tickets and donate to recovery efforts, visit fireaidla.org. To learn more about Gildan’s commitment to its communities, please visit the Company’s website. About Gildan Gildan is a leading manufacturer of everyday basic apparel. The Company’s product offering includes activewear, underwear and socks, sold to a broad range of customers, including wholesale distributors, screenprinters or embellishers, as well as to retailers that sell to consumers through their physical stores and/or e-commerce platforms and to global lifestyle brand companies. The Company markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan®, American Apparel®, Comfort Colors®, GOLDTOE®, and Peds®, and under an exclusive licensing agreement for the printwear channel for Champion®. Gildan owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America, and Bangladesh. Gildan operates with a strong commitment to industry-leading labor, environmental and governance practices throughout its supply chain in accordance with its comprehensive ESG program embedded in the Company's long-term business strategy. More information about the Company and its ESG practices and initiatives can be found at www.gildancorp.com. Investor inquiries: Jessy Hayem, CFA Senior Vice-President, Head of Investor Relations and Global Communications (514) 744-8511 jhayem@gildan.com                                                 Media inquiries:Genevieve GosselinDirector, Global Communications and Corporate Marketing(514) 343-8814communications@gildan.com

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