LETTER FROM PRESIDENT OF ASH CITY

Nine teams competing in the World Cup will be wearing environmentally friendly jerseys made from recycled plastic bottles when the tournament kicks off in South Africa on Friday.

Front-runners Brazil, the Netherlands and Portugal are among the teams who will be sporting the shirts made in Taiwan, the island's cabinet said Thursday.

Each jersey is made from eight plastic bottles that are melted and processed into polyester and is 13 percent lighter and can absorb and disperse sweat more quickly than traditional fabric, the cabinet said in a statement.

Environmentally conscious Taiwan is keen to promote green technology and architecture as it seeks to reduce carbon dioxide emissions.

A Taiwanese company has turned 1.5 million recycled plastic bottles into a nine-storey pavilion for an international floral show on the island later this year.

Trimark Announces New President and CEO, Stuart Campbell Retires

Trimark Sportswear Group Inc. announced that Will Andrew has been promoted to President and Chief Operating Officer effective June 1st, 2010, taking over from outgoing President Stuart Campbell who has announced his retirement. Stuart joined Trimark in February of 2001 as the President of Canadian business and Chief Operating Officer of the Trimark Group which consisted of the Canadian operation as well as three separate U.S. companies.
During his tenure, Stuart successfully merged the three U.S. businesses which required the herculean task of integrating seven distribution centers, three information systems, three catalogues and product offerings as well as three management and sales teams. Stuart was an integral part of the successful sale of the U.S. operations in late 2004. Stuart also led efforts to convert to a new ERP system in early 2006 and most recently in the development of Trimark´s new facilities.
“Stuart´s attention to detail, unquestioned integrity and a sense of humour have been appreciated by me and by everyone who works with him,” commented Derrick Milne, Chairman & CEO Trimark Sportswear Group. “Stuart has been passionate about developing his management team and will no doubt be missed by his colleagues and friends within the Trimark family. Please join me in expressing our thanks to Stuart for his contribution to Trimark and in wishing him success in his future endeavours,” added Milne.
Will Andrew joined Trimark in February, 2005 as Head of Marketing. “Will championed our efforts to secure the activewear license for the Vancouver 2010 Winter Olympic Games and led the Elevate team as President in successfully seizing this significant opportunity. Will´s leadership will soon be recognized in the national media and I am confident that Will's passion, creativity, and drive will take Trimark to unforeseen heights. Please join me in congratulating him in his new role,” said Milne.

Red Rocket Graphics Moves into Larger Production Facility and Merges with Dunblane and Turners

     Heat transfer manufacturer Red Rocket Graphics will no longer be located in Bracebridge, Ontario. Production equipment will be moved to a much larger facility in Port Elgin, Ontario and will be merged with its sister company, Dunblane and Turners.
      During this time period, management at Red Rocket and Dunblane and Turners will ensure that production down time is kept to a minimum and valued customers will receive their custom and stock transfers in a timely manner.
      Red Rocket Graphics will continue to operate under Dunblane and Turners name and will continue to offer quality stock and custom transfers from Airwaves, X-it and the Red Rocket brand name.
      For more information please visit www.dunblaneandturners.com and www.redrocketgraphics.com

American & Efird Canada Inc. launches new website

American & Efird Canada Inc. is proud to announce that it has officially launched its new website. “The new website will offer our customers more visibility to view online our extensive range of quality sewing threads and accessories and navigate through the features and technical bulletins,” said Lydia Kantardjian Marketing Manager. To take your tour, please visit www.amefird.ca.

Gildan Activewear Inc.

     Gildan Activewear Inc.(TSX:GIL)(NYSE:GIL) announced record earning and ESP for the second quarter of its 2010 fiscal year ended April 4, 2010. After reflecting a restructuring charge of $0.01 per share related to the consolidation of its U.S. distribution activities announced on December 10, 2009, net earnings were to $48.8 million, with a diluted EPS $0.40 (all figures $U.S.).
Compared to the second quarter of 2009, in which net earnings and EPS were $7.2 million and $0.06, respectively, the significant increase was due to strong growth in activewear and underwear unit sales volumes, more favourable manufacturing, cotton and energy costs, and more favourable activewear product-mix, partially offset by the $0.03 per share impact of transitional manufacturing inefficiencies due to the Haiti earthquake, and higher selling, general and administrative expenses.
Net sales for the second quarter of fiscal 2010 amounted to $326.8 million, up 33.5 per cent from $244.8 million in the second quarter of 2009. Sales of activewear and underwear were $273.2 million, up 51.0 per cent from the same period last year, and sales of socks were $53.6 million, down 16.3 per cent from the second quarter of 2009, primarily due to the timing of replenishment and the transition to new programs for mass-market retailers, which are expected to benefit sock shipments in the second half of the fiscal year.

Year-to-date Sales and Earnings
      Net sales for the first six months amounted to $547.2 million, up $118.4 million or 27.6 per cent from the same period last year. Sales of activewear and underwear were $426.1 million, an increase of $129.4 million or 43.6 per cent from last year, and sales of socks were $121.1 million, down $11.0 million or 8.3 per cent from the first six months of fiscal 2009.
      Net earnings for the first six months of fiscal 2010 were $76.7 million, or $0.63 per share on a diluted basis, compared with net earnings of $11.4 million or $0.09 per share for the same period last year.
     Gildan is proud to announce that it has received two major vendor awards at Walmart's Annual Supplier Summit held in New York on April 28, 2010. Gildan was named Supplier of the Year for 2009 for its boys' sock business and also received a special award for product innovation. The Supplier of the Year Award recognized Gildan's product quality and supply chain excellence in servicing Walmart's replenishment programs.