Impressions - April 2015 - (Page 8)

Gildan to Acquire Comfort Colors g Comfort Colors' best-selling products include crew-neck T-shirts, pocket tees and crew-neck sweat shirts. ildan Activewear Inc., Montréal, recently signed a definitive agreement to acquire Comfort Colors, Northfield, Vt., for about $100 million. Comfort Colors, a supplier of garment-dyed, undecorated basic T-shirts and sweat shirts for the North American printwear market, sells its products under the Comfort Colors brand, which is one of the most recognized brands among consumers purchasing from college bookstores, specialty retail stores, and destination and resort shops, according to the company. Operating out of its Northfield headquarters, as well as its dyeing, packaging and distribution operations in facilities located in Northfield and New Bedford, Mass., Comfort Colors purchases prepared-for-dye garments from third-party vendors, including Gildan. The garments are then treated through a customized in-house dyeing process, giving them a trendy distressed or worn look and a soft and a comfortable feel. "We have a very large, developed T-shirt business, so when the Comfort Colors brand became available, it just seemed like it was a natural extension of our business," says Mike Hoffman, president of Gildan Activewear SRL. "It reinforces Gildan's strategy to increase our penetration into what we call the 'basic fashion segment' of the North American printwear market." Comfort Colors has generated annual sales growth over the past four years, with top-selling items including crew-neck Tshirts, pocket tees, long-sleeve tees and pullover sweat shirts. During the 12-month period ending Dec. 31, 2014, the company generated net sales of about $95 million. "We think that the overall combination of Gildan and Comfort Colors will enhance the overall customer experience," Hoffman says. "Over the next coming weeks and months, we will develop an integration plan between our management team and existing Comfort Colors management team. The purpose of the whole integration plan will be how we can best integrate their new business and their company into ours and where we can leverage synergies." The acquisition is subject to customary closing conditions and is expected to close by the end of the current calendar quarter. For more information, visit gildan.com. - L.M. Nazdar SourceOne Introduces High-Speed DTG Printer Nazdar SourceOne, Shawnee, Kan., recently announced the release and distribution of the Aeoon KYO direct-to-garment (DTG) printer. This system provides new design possibilities with high-speed, high-resolution printing. Capable of outputting up to 400 dark shirts per hour, it is designed for highvolume industrial production with high print quality, according to the company. Key features include: multi-platen design, up to 12 print heads, high-speed printing, high-quality results, touchscreen graphical user interface, user-friendly RIP, 8 Impressions | April/May 2015 The Aeoon KYO DTG printer, which can print up to 400 dark shirts per hour, now is available through Nazdar SourceOne. and network/USB connectivity, according to the company. For more information, please visit sourceone.nazdar.com. - L.M. impressionsmag.com http://www.gildan.com http://www.gildan.com http://sourceone.nazdar.com http://www.impressionsmag.com

Table of Contents for the Digital Edition of Impressions - April 2015

Impressions - April 2015
First Impressions
From the Show Director
FYI
Product Gallery
ISS Conferences
Lucrative Lids
Sporty and Spirited
Trending: Allover Printing
Rush Hour
Shop Spotlight
Embroidery Technique
Embroidery Production
Screen Printing Production
Screen Printing Technique
Digital Decorating
Classifieds
Online Directory
Ad Index

Impressions - April 2015

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