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The acquisition of Comfort Colors reinforces Gildan's strategy to increase its penetration of the growing fashion basics segment of the North American printwear market. Comfort Colors has generated strong annual sales growth over the last four years, reflecting the brand's fast growing consumer appeal. During the 12-month period ended Dec. 31, 2014, Comfort Colors generated net sales of approximately U.S. $95 million, or U.S. $55 million after eliminating Gildan sales of undecorated shirts to Comfort Colors.
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