Gildan buys Hanesbrands to boost ‘growth’ in basic apparel market
The Gildan-Hanesbrands merger, which has an enterprise value of approximately $4.4bn for HanesBrands, aims to leverage the operational strengths of…
Gildan Activewear Inc
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Gildan CEO, board step down after shareholders back replacements
Most of Gildan's shareholders as well as leading proxy advisory firms ISS, Glass Lewis, and Egan Jones “overwhelmingly” favoured Browning…
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Gildan Activewear CEO defends performance amid Q1 sales, profit slide
Tyra said Gildan Activewear delivered a "solid" result in the quarter ending 31 March 2024 as shareholders continue to push…
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Key investors brand Gildan strategic priorities plan as ‘second-rate’
The strategic priorities plan which was revealed at Gildan Activewear's investor meeting is claimed by the company to focus on…
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Turtle Creek seeks urgent meeting amid Gildan’s ‘desperate’ proposed sale
Turtle Creek has written an open letter to Gildan's board of directors stating that it remains "steadfast" in its "resolve…
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Gildan Activewear faces lawsuit if annual meeting delayed, obstructed
Browning West which owns 5.0% of Gildan's outstanding shares, has filed the lawsuit against Gildan Activewear with the Superior Court…
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Gildan Activewear new CEO confident after ‘strong’ Q4 despite flat full-year
For the fourth quarter ending 31 December 2023, net sales increased 8.7% from $720m to $783m over the prior year.…
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Gildan investors blast board’s delay tactics, urge prompt special meeting
Canadian apparel company Gildan Activewear has announced its board of directors have called for a joint annual and special meeting…
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Gildan Activewear shareholder revolt looms on board shakeup demands
Browning West, who holds 5.0% of Gildan Activewear’s outstanding shares, intends to requisition a special meeting to empower shareholders to…
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Gildan Q3 profits drop as activewear market struggles with demand
For the third quarter ended 1 October 2023, Gildan Activewear saw net sales increase 2% from $850m to $870m as…
