April 29, 2015

Leadership

Gildan Activewear Appoints Rhodri J. Harries as Executive Vice-President, Chief Financial and Administrative Officer

Montréal, Wednesday, April 29, 2015 – Gildan Activewear Inc. (GIL; TSX and NYSE) today announced the appointment of Rhodri J. Harries as Executive Vice-President, Chief Financial and Administrative Officer.

Mr. Harries, 51, has been the Chief Financial Officer of Rio Tinto Alcan since 2014, where previously he held the position of Chief Commercial Officer from 2009 to 2013. Mr. Harries joined Alcan in Montreal in 2004 as the Vice President and Corporate Treasurer and remained with the company following its acquisition by Rio Tinto in 2007. Prior to joining Alcan, Mr. Harries spent 15 years in North America, Asia and Europe with General Motors, where he held successive positions of increasing responsibility in corporate finance, treasury and business development.

The effective date of Mr. Harries’ appointment has not yet been finalized while plans are developed to transition his responsibilities at Rio Tinto Alcan. Mr. Harries succeeds Laurence G. Sellyn, who will continue with Gildan as required in order to support Mr. Harries’ integration into the Company and ensure an orderly transfer of responsibilities. "We are extremely pleased that Rhodri is joining Gildan," commented Glenn J. Chamandy, President and Chief Executive Officer. "With his strong experience in finance, commercial and operations leadership roles in major global corporations, Rhodri will be an important addition to our executive team as we continue to implement the next stage of our growth strategies."

About Gildan

Gildan is a leading supplier of quality branded basic family apparel, including T-shirts, fleece, sport shirts, underwear, socks, hosiery and shapewear. The Company sells its products under a diversified portfolio of company-owned brands, including the Gildan® and Gold Toe® brands and brand extensions, as well as the Anvil®, Comfort Colors®, Secret®, Silks® and Therapy Plus™ brands. The Company also has the U.S. sock license for Under Armour®, and licenses for Mossy Oak® and New Balance® brands. The Company distributes its products in printwear markets in the U.S. and Canada, as well as in Europe, Asia Pacific and Latin America. The Company also markets its products to a broad spectrum of retailers in the U.S. and Canada. The Company also manufactures for select leading global athletic and lifestyle consumer brands.

Gildan owns and operates vertically-integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean Basin and the U.S. to efficiently service the replenishment needs of its customers in the printwear and retail markets. Gildan has approximately 43,000 employees worldwide and is committed to industry-leading labour and environmental practices in all of its facilities. More information about the Company and its corporate citizenship practices and initiatives can be found at its corporate websites www.gildan.com and www.genuinegildan.com, respectively.

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Investor inquiries :

Jessy Hayem, CFA

Vice-President, Head of Investor Relations

(514) 744-8511

Media inquiries :

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Director, Global Communications and Corporate Marketing

(514) 343-8814