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<SEC-DOCUMENT>0001061894-05-000027.txt : 20050713
<SEC-HEADER>0001061894-05-000027.hdr.sgml : 20050713
<ACCEPTANCE-DATETIME>20050713084207
ACCESSION NUMBER:		0001061894-05-000027
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20050712
FILED AS OF DATE:		20050713
DATE AS OF CHANGE:		20050713

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GILDAN ACTIVEWEAR INC
		CENTRAL INDEX KEY:			0001061894
		STANDARD INDUSTRIAL CLASSIFICATION:	APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1003

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14830
		FILM NUMBER:		05951332

	BUSINESS ADDRESS:	
		STREET 1:		725 MONTEE DE LIESSE
		STREET 2:		VILLE SAINT LAURENT
		CITY:			QUEBEC CANADA
		STATE:			A8
		ZIP:			00000
		BUSINESS PHONE:		5147352023

	MAIL ADDRESS:	
		STREET 1:		725 MONTEE DE LIESSE
		STREET 2:		ST LAURENT QUE
		CITY:			CANADA
		STATE:			A8
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>form6-k.htm
<DESCRIPTION>PRESS RELEASE DATED JULY 12, 2005
<TEXT>
<HTML>
<HEAD>
<TITLE>Press Release</TITLE>
</HEAD>
<BODY>

<p align="left"><br>
  <br>
</p>
<p>&nbsp;</p>
<P ALIGN="CENTER"><FONT size="4" FACE="Times New Roman, Times, Serif"><B>SECURITIES AND EXCHANGE COMMISSION<br>
  WASHINGTON, DC 20549</B></FONT></P>
<p><font size="4">
</font></p>
<p>&nbsp; </p>
<P ALIGN="CENTER"><FONT size="4" FACE="Times New Roman, Times, Serif"><B>FORM 6-K</B></FONT></P>
<p><font size="4">
</font></p>
<p>&nbsp; </p>
<P ALIGN="CENTER"><FONT size="4" FACE="Times New Roman, Times, Serif"><B>REPORT OF FOREIGN PRIVATE ISSUER<br>
  </B></FONT>Pursuant to Rule 13a-16 or 15d-16 under <br>
  the Securities Exchange Act of 1934</P>
<P ALIGN="CENTER"><br>
</P>
<DIV align=center>
  <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>
    <TR>
      <TD width="50%"><FONT face="Times New Roman, Times, serif" size=3>For the month of: <STRONG>July 2005</STRONG></FONT></TD>
      <TD align=right width="50%"><FONT face="Times New Roman, Times, serif"
      size=3>Commission File Number:<STRONG> 1-14830</STRONG></FONT></TD>
    </TR>
    <TR>
      <TD width="50%"><FONT face="Times New Roman, Times, serif"
      size=3>&nbsp;</FONT></TD>
      <TD width="50%"><FONT face="Times New Roman, Times, serif"
      size=3>&nbsp;</FONT></TD>
    </TR>
    <TR vAlign=bottom align=middle>
      <TD colSpan=2><div align="center"><STRONG>GILDAN ACTIVEWEAR INC.</STRONG></div></TD>
    </TR>
    <TR vAlign=bottom align=middle>
      <TD colSpan=2><div align="center"><FONT face="Times New Roman, Times, serif"
      size=2><EM>(Translation of Registrant's name into English)</EM></FONT></div></TD>
    </TR>
    <TR vAlign=bottom align=middle>
      <TD width="50%"><FONT face="Times New Roman, Times, serif"
      size=3>&nbsp;</FONT></TD>
      <TD width="50%"><p>&nbsp;</p>
          <p>&nbsp;</p></TD>
    </TR>
    <TR vAlign=bottom align=middle>
      <TD colSpan=2><div align="center">
          <P ALIGN="CENTER"><strong><FONT size="2" FACE="Times New Roman, Times, Serif">725 Mont&eacute;e de Liesse<br>
            Ville Saint-Laurent, Quebec <br>
          </FONT><font size="2">Canada H4T 1P5</font></strong></P>
      </div></TD>
    </TR>
    <TR vAlign=bottom align=middle>
      <TD colSpan=2><div align="center"><FONT face="Times New Roman, Times, serif"
      size=2><EM>(Address of principal executive offices)</EM></FONT></div></TD>
    </TR>
    <TR vAlign=bottom align=middle>
      <TD>&nbsp;</TD>
      <TD>&nbsp;</TD>
    </TR>
  </TABLE>
</DIV>
<p>&nbsp;</p>
<p><FONT face="Times New Roman, Times, serif" size=3>Indicate by check mark whether the Registrant files or will file annual reports under cover of Form 20-F or Form 40-F. </FONT></p>
<p>&nbsp; </p>
<DIV align=center>
  <TABLE cellSpacing=0 cellPadding=0 border=0>
    <TR align=middle>
      <TD vAlign=top width=200>Form 20-F <U>&nbsp;&nbsp; &nbsp;&nbsp;</U>
      <TD vAlign=top width=200>Form 40-F <U>&nbsp;&nbsp;&nbsp;<strong>X</strong>&nbsp;&nbsp;</U></TD>
    </TR>
  </TABLE>
  <p align="left">&nbsp;</p>
</DIV>
<P>
<P>
<P><FONT face="Times New Roman, Times, serif" size=3>Indicate by check mark whether the Registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. </FONT>
<P>
<P>
<DIV align=center>
  <TABLE cellSpacing=0 cellPadding=0 border=0>
    <TR align=middle>
      <TD vAlign=top width=150>Yes <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>
      <TD vAlign=top width=150>No <U>&nbsp;&nbsp;<strong>X</strong>&nbsp;&nbsp;</U></TD>
    </TR>
  </TABLE>
</DIV>
<P>
<P>
<P><FONT face="Times New Roman, Times, serif" size=3>If</FONT><FONT color=#0000ff size="2" face="serif">&nbsp;</FONT><FONT face="Times New Roman, Times, serif" size=3> &#8220;Yes&#8221; is marked, indicate below the file number assigned to the Registrant in connection with Rule 12g3-2(b): 82-_<strong>N/A</strong>_.</FONT>
<P>
<P>
<HR color=gray noShade SIZE=3>
<p align="center"><font size="2" face="Times New Roman, Times, serif">
</font> </p>
<p align="center"><img src="logo.gif" width="263" height="109"></p>
<p>&nbsp;</p>
<div align="right">
  <p><font size="2" face="Times New Roman, Times, serif"><b><i>For Immediate Release</i></b></font></p>
  <p>&nbsp;</p>
</div>
<div align="center">
  <table width="95%"  border="0" align="left" cellpadding="0" cellspacing="0">
    <tr>
      <td><font size="2" face="Times New Roman, Times, serif"><b>Contact:<br>
              <br>
              <br>
              <br>
              <br>
              <br>
      </b></font></td>
      <td valign="top"><font size="2" face="Times New Roman, Times, serif">Laurence G. Sellyn, Executive Vice-President, Finance <br>
        and
        </font> <font size="2" face="Times New Roman, Times, serif">Chief Financial Officer</font><font size="2" face="Times New Roman, Times, serif"><br>
        Tel: (514) 343-8805 <br>
        Email: <u>lsellyn@gildan.com</u><br>
      </font></td>
    </tr>
  </table>
</div>
<p align="justify">&nbsp;</p>
<p align="left">&nbsp;</p>
<p>&nbsp;</p>
<P ALIGN="center"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><strong><u>Gildan to Present at CIBC Conference; Updates EPS Guidance </u></strong></FONT></FONT></P>
<P ALIGN="justify"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><br>
  <strong>Montr&eacute;al, Tuesday, July 12, 2005 &#8211; </strong>Gildan Activewear Inc. (GIL;<FONT FACE="Times New Roman, Times, Serif">TSX and </FONT>NYSE) announced that Glenn J. Chamandy, President and CEO, and Laurence G. Sellyn, Executive Vice President, Finance and CFO, will present an overview of the Company&#146;s growth strategy at the CIBC World Markets Annual Consumer Growth Conference to be held in Boston on July 12 and 13. Gildan is scheduled to make its presentation on Wednesday, July 13, beginning at 10:35 a.m. EDT.</FONT></FONT> </P>
<P ALIGN="justify"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">At the conference, the Company will indicate that it now expects diluted EPS for the third quarter of the fiscal year, ended July 3, 2005, to be at least 10% above its most recent guidance of approximately U.S. $0.50 per share. The Company will also indicate that it now expects diluted EPS of approximately U.S. $1.50 per share for the full 2005 fiscal year, before the special charge recorded in the second quarter for the closure of its Canadian yarn-spinning facilities, up from its prior guidance of U.S. $1.40 per share. The increase in projected EPS in the second half of the fiscal year is due to higher than anticipated selling prices, more favourable product-mix and lower manufacturing costs.</FONT></FONT> </P>
<P ALIGN="justify"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">Gildan will release its results for its third fiscal quarter on Wednesday, August 3, 2005, before market open. The earnings release on August 3 will be followed by a conference call at 10:00 a.m. the same day. Details of this conference call will be announced shortly.</FONT></FONT> </P>
<P ALIGN="justify"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">The audio portion of Gildan&#146;s presentation at the conference will be simulcast online and can be accessed on the Company&#146;s Web site, <U>http://www.gildan.com</U>, in the Investor Relations section under &#147;Financial Information &amp; Reports &#151; Presentations and Webcast.&#148; A replay of the webcast will be available about three hours after the conclusion of the live presentation on July 13 until August 15.</FONT></FONT> </P>
<HR color=gray noShade SIZE=3>
<P ALIGN="justify"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><B>Profile</B></FONT></FONT></P>
<P ALIGN="justify"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2">Gildan Activewear is a vertically-integrated manufacturer and marketer of premium quality branded basic activewear for sale principally in the wholesale imprinted activewear segment of the Canadian, U.S., European and other international markets. The Company manufactures and sells premium quality 100% cotton and 50% cotton/50% polyester T-shirts, placket collar sport shirts and sweatshirts in a variety of weights, sizes, colours and styles. The Company sells its products as blanks, which are ultimately decorated with designs and logos for sale to consumers. Gildan employs more than 9,000 full-time employees.</FONT></FONT> </P>
<P ALIGN="justify"><FONT FACE="Times New Roman, Times, Serif"><FONT SIZE="2"><em>Certain statements included in this press release may constitute &#147;forward-looking statements&#148; within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. We refer you to the Company&#146;s filings with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities for a discussion of the various factors that may affect the Company&#146;s future results.</em></FONT></FONT> </P>
<p>&nbsp;</p>
<div align="center"></div>
<div align="justify">  <font size="2" face="Times New Roman, Times, serif"> </font> </div>
<P ALIGN="justify">&nbsp;</P>
<div align="center"><font size="2" face="Times New Roman, Times, serif"> &#8212; 30 &#8212;</font></div>
<P ALIGN="right">&nbsp;</P>
<HR color=gray noShade SIZE=3>
<P ALIGN="justify">&nbsp;</P>
<P>
<P align=center><FONT face="Times New Roman, Times, serif"
size=3><STRONG>SIGNATURE</STRONG></FONT>
<P align=left>
<P align="left"><FONT face="Times New Roman, Times, serif"
size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securitiecs Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</FONT>
<P>
<P>
<P>
<DIV align=right>
  <TABLE cellSpacing=0 cellPadding=0 width="50%" border=0>
    <TR>
      <TD><font size="2" face="Times New Roman, Times, serif"><STRONG>GILDAN ACTIVEWEAR INC. </STRONG></font></TD>
    </TR>
    <TR>
      <TD>&nbsp;</TD>
    </TR>
    <TR>
      <TD>&nbsp;</TD>
    </TR>
    <TR>
      <TD>&nbsp;</TD>
    </TR>
    <TR>
      <TD><font size="2" face="Times New Roman, Times, serif">(Signed) Pierre Poirier </font>
          <HR noShade SIZE=1>    </TR>
    <TR>
      <TD><FONT face="Times New Roman, Times, serif" size=2>Pierre Poirier </FONT></TD>
    </TR>
    <TR>
      <TD><FONT face="Times New Roman, Times, serif" size=2>Director, Legal Services </FONT></TD>
    </TR>
    <TR>
      <TD>&nbsp;</TD>
    </TR>
  </TABLE>
</DIV>
<P align="left">
<div align="left">
  <TABLE width="50%" border=0 cellPadding=0 cellSpacing=0>
    <TR>
      <TD><font size="2" face="Times New Roman, Times, serif"><strong>Date:</strong> July 12, 2005</font></TD>
    </TR>
    <TR>
      <TD>&nbsp;</TD>
    </TR>
  </TABLE>
</div>
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`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
