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Industry News


Gildan reveals its next generation ESG strategy and future targets


G goals.


Embedded in the company’s new approach is a commitment to making meaningful advancements by 2030 in the following areas: • Climate, energy, and water. • Circularity. • Human capital management. • Long-term value creation. • Transparency and disclosure. Glenn Chamandy, president and CEO of Gildan, said: “From our beginning, we have been re-imagining


ildan Activewear has unveiled its Next Generation ESG strategy and future


and building the future of responsible apparel manufacturing. This has made Gildan the company it is today; recognised for the apparel we make and how we make it.


“ESG has always been integrated into our business strategy and reflected in our market offering. This next generation


All change at Thrall Enterprises T


hrall Enterprises (TEI), the parent company of the Nazdar family of companies, has announced the appointment of Dan Potts as president and chief executive officer, as Jeff Thrall transitions to the position of executive chairman.


Mr Thrall has been with the business for more than 40 years, playing a key role in its tremendous success and helping the company to secure its market-leading position. He has now moved into his new role of executive chairman. Following the acquisition of Nazdar by TEI in 1977, Mr Thrall was appointed as vice president of business development at Nazdar in 1980. Two years later, he became president and CEO of Nazdar and served in both of these roles until 1991, when he moved to the position of president of TEI.


He was appointed chairman and CEO of TEI in 2009, continuing in this joint role until the present day.


He said: “I have had a long and fulfilling career in the family business where I have been surrounded by great people who have contributed to our success. I will continue in my role as chair for the TEI Board and I also plan to chair the newly-formed Family Council. I plan to continue to participate in the TEI strategic planning process and oversee key areas.”


| 6 | February 2022


Dan Potts joined TEI in May 2015 as chief financial officer and, in January 2020, was elevated to his current, expanded position of executive vice president and chief operating officer. Now as president and CEO of TEI, Mr Potts will maintain these responsibilities and also lead the development of TEI’s short- and long-term strategies and policies, reporting to and communicating regularly with the TEI Board and shareholders.


Jeff Thrall


He will continue to work closely with Randy Thrall, vice president of real estate and other investments, to help guide TEI’s strategy with outside investments.


Nazdar president promoted to CEO


Nazdar has promoted Richard Bowles to the role of chief executive officer, having served as president since 2018. During his time as president, Mr Bowles has played a major role in the growth of the business, with his solid and exemplary leadership helping Nazdar to maintain its market-leading position, despite the recent challenges of the global pandemic.


Mr Bowles has been with Nazdar for more than 19 years, having joined the business in December 2002 as vice president of marketing. In total, he brings more than 36 years of experience to the role of chief executive officer. As CEO, he will continue to drive further expansion and success at Nazdar as the business seeks new growth opportunities in markets all around the world.


Richard Bowles


strategy will push us to deliver even stronger ESG performance and continue to reinforce Gildan as a leading ethical, sustainable, and efficient apparel company.” Gildan’s new strategy seeks to tackle global environmental and social priorities aimed at improving the lives of people who make Gildan garments, further protecting the environment, empowering neighbouring communities, and increasing the sustainability of products delivered to customers worldwide.


• To read the report in full visit www.gildancorp.com


www.printwearandpromotion.co.uk


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