Exhibit 31.2


      CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER REGARDING GFSI, INC.'S
      QUARTERLY REPORT ON FORM 10-Q FOR THE PERIOD ENDED JANUARY 3, 2004

I, J. Craig Peterson, Senior Vice President and Chief Financial Officer
(Principal Financial Officer) of GFSI, Inc., certify that:

1.     I have reviewed this Quarterly Report on Form 10-Q of GFSI, Inc.;

2.     Based on my knowledge, this Quarterly Report does not contain any
       untrue statement of a material fact or omit to state a material fact
       necessary to make the statements made, in light of the circumstances
       under which such statements were made, not misleading with respect to
       the period covered by this Quarterly Report;

3.     Based on my knowledge, the financial statements, and other financial
       information included in this Quarterly Report, fairly present in all
       material respects the financial condition, results of operations and
       cash flows of the registrant as of, and for, the periods presented in
       this Quarterly Report;

4.     The registrant's other certifying officer and I are responsible for
       establishing and maintaining disclosure controls and procedures (as
       defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal
       control over financial reporting (as defined in Exchange Act Rules
       13a-15(f) and 15d-15(f)) for the registrant and have:

       (a)    Designed such disclosure controls and procedures, or caused
              such disclosure controls and procedures to be designed under
              our supervision, to ensure that material information relating
              to the registrant, including its consolidated subsidiaries, is
              made known to us by others within those entities, particularly
              during the period in which this Quarterly Report is being
              prepared;

       (b)    Designed such internal control over financial reporting, or
              caused such internal control over financial reporting to be
              designed under our supervision, to provide reasonable assurance
              regarding the reliability of financial reporting and the
              preparation of financial statements for external purposes in
              accordance with generally accepted accounting principles.

       (c)    Evaluated the effectiveness of the registrant's disclosure
              controls and procedures and presented in this Quarterly Report
              our conclusions about the effectiveness of the disclosure
              controls and procedures, as of the end of the period covered by
              this Quarterly Report based on such evaluations; and

       (d)    Disclosed in this Quarterly Report any change in the
              registrant's internal control over financial reporting that
              occurred during the registrant's most recent fiscal quarter
              that has materially affected, or is reasonably likely to
              materially affect, the registrant's internal control over
              financial reporting; and

5.     The registrant's other certifying officer and I have disclosed, based
       on our most recent evaluation of internal control over financial
       reporting, to the registrant's auditors and the audit committee of the
       registrant's board of directors (or persons performing the equivalent
       function):

       (a)    All significant deficiencies and material weaknesses in the
              design or operation of internal control over financial
              reporting which are reasonably likely to adversely affect the
              registrant's ability to record, process, summarize and report
              financial information; and

       (b)    Any fraud, whether or not material, that involves management or
              other employees who have a significant role in the registrant's
              internal control over financial reporting.

Date:   February 13, 2004


/S/  J. CRAIG PETERSON
-------------------------------------------------
J. Craig Peterson
Senior Vice President and Chief Financial Officer