March '15

For the Business of Apparel Decorating

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Business Watch MARCH 2015 10 | PRINTWEAR M A RC H 20 1 5 GSG HOSTS OPEN HOUSE IN MARCH DALLAS—GSG hosts an open house Thursday, March 26, at the company's Oklaho- ma location. The event will feature a vendor showcase, equipment demos, lunch, and giveaways. Visitors are invited to stop by between 10 a.m.–3 p.m. to see some of the newest technology and products available. The Oklahoma office is located at 6731 S. Eastern Avenue, Oklahoma City, Oklahoma 73149; 800-677-3149. Visitors can RSVP at GILDAN BUYS COMFORT COLORS MONTREAL—Gildan Activewear announces the purchase of Vermont-based Com- fort Colors, a 30-year-old provider of dyed printwear products targeting the college and resort markets. The deal, finalized Feb. 4, is for $100 million and is expected to close by the end of the current calendar quarter. In 2014 Comfort Colors generated net sales of approxi- mately $95 million. Comfort Colors, which markets its products under that brand name, buys prepared- for-dye garments from third-party vendors, including Gildan, and then treats them through a customized, in-house dyeing process. Gildan President and CEO Glenn Chamandy says the fact that the companies share many of the same distributors is "one of the big synergies" of the deal. "They take these shirts and put them into a dye machine and convert them into a color," Chamandy says. "But it's more of a weathered look like pigment dye … which is very, very strong today with the colleges, college bookstores, resort shops." Hirings, transfers, promotions PRINTWEAR PEOPLE The Interna- tional OE- KO-TEX Asso- ciation (Zurich) introduces Georg Dieners as the new general secretary. The trained textile engineer takes over for Dr. Jean-Pierre Haug, who after providing training for the new OEKO-TEX representative will concentrate on professional co- operation in the technical com- mittees within the OEKO-TEX Association in the future and also function as the chief oper- ating officer of the Swiss Textile Testing Institute, TESTEX AG. Nazdar Source- One (Shaw- nee, Kan.) announces the expansion of its executive lead- ership team as Dave Durbin assumes the role of vice president and business unit manager—screen graphic and industrial products. In this role, Durbin collaborates with SourceOne's sales and marketing leadership and sup- plier partners to develop reve- nue-growing strategies. Durbin has been a part of Nazdar for more than 37 years, holding roles in regional management, sales, operations, and product portfolio management. Dieners Durbin

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