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By 2001, Gildan was the leading distributor of 100% cotton T-shirts in the US as determined by the ACNielsen S.T.A.R.S. Report. [citation needed] The next year, the company opened a knitting, bleaching, dyeing, finishing, and cutting facility in Rio Nance, Honduras. [9]
On June 16, 2017, Walmart agreed to acquire the men's apparel company Bonobos for $310 million in an effort to expand its fashion holdings. [97] On September 29, 2017, Walmart acquired Parcel, a same-day and last-mile delivery company in Brooklyn. [98]
For example, two billion T-shirts are sold worldwide per year, [2] and the average person in Sweden buys nine T-shirts a year. [3] Production processes vary but can be environmentally intensive and include the environmental impact caused by their materials, such as cotton, which uses large amounts of water and pesticides.
As of 2007 the company planned to increase its use of organic cotton within the next four years from over 20% to 80%. American Apparel also sells a line of shirts under the "Sustainable" label that are 100% USDA organic cotton. [136] [137] In 2008, American Apparel purchased over 30,000 pounds of organic cotton known as B.A.S.I.C cotton. [138]
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