Gildan Activewear

Gildan Activewear, Inc. is engaged in the manufacturing and sale of printwear and branded apparel. Its products include activewear, underwear, socks, hosiery, and legwear. The firm operates under the brand name Gildan, Alstyle, American Apparel, Comfort Colors, GOLD TOE, Anvil, Secret, Silks, and Peds. The company was founded by Glenn J. Chamandy and H. Gregory Chamandy on May 8, 1984 and is headquartered in Montreal, Canada.

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Gildan Activewear, Inc. engages in the manufacture and sale of print wear and branded apparel. Its products include activewear, underwear, socks, hosiery, and legwear. The firm operates under the brand names Gildan, Alstyle, American Apparel, Comfort Colors, GOLD TOE, Anvil, Secret, Silks, and Peds. The company was founded by Glenn J. Chamandy and H. Gregory Chamandy on May 8, 1984 and is headquartered in Montreal, Canada.

MONTREAL, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) today announced results for the second quarter ended June 30, 2024. The Company also reconfirmed its Fiscal 2024 guidance.

Gildan Activewear Reports Results for the Second Quarter of 2024, Reconfirms its Full Year Guidance and Provides Three-Year Outlook

Gildan Activewear's (GIL) second-quarter 2024 results are likely to reflect gains from brand strength, product innovation and a sturdy business model.

Gildan Activewear (GIL) Gears Up for Q2 Earnings: What to Know

Gildan Activewear's (GIL) concentrated efforts on key product lines, particularly in the activewear segment, are expected to have contributed to top-line growth in the second quarter.

Gildan Activewear (GIL) to Post Q2 Earnings: Factors to Note

Gildan (GIL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Gildan Activewear (GIL) Earnings Expected to Grow: Should You Buy?

MONTREAL, July 17, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) will report its 2024 second quarter results on Thursday, August 1st, 2024. A press release will be issued before markets open, and a conference call is scheduled on that same day at 8:30 AM ET to discuss the Company's results. The conference call can be accessed by dialing (800) 715-9871 (Canada & U.S.) or (646) 307-1963 (international) and entering passcode 5492469#. A replay will be available for 7 days starting at 12:30 PM EST by dialing (800) 770-2030 (Canada & U.S.) or (609) 800-9909 (international) and entering the same passcode. A live audio webcast of the conference call, as well as the replay, will be available at the following link: Gildan Q2 2024 audio webcast.

Gildan Activewear Announces Date for Second Quarter 2024 Earnings Release

MONTREAL, June 28, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) is pleased to share that it has been recognized as one of the Best 50 Corporate Citizens in Canada by Corporate Knights for the third consecutive year. Gildan is the only company in the Textiles & Clothing Manufacturing peer group to be included. In addition, Gildan has been included in the inaugural edition of TIME's World Most Sustainable Companies, and is one of only 12 Canadian companies featured on this global list.

Gildan Recognized on Corporate Knights' Best 50 Corporate Citizens and TIME's World's Most Sustainable Companies

MONTREAL, June 18, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) is pleased to announce the publication of its 20t h Environmental, Social, and Governance (ESG) report, marking a significant milestone in the Company's long history of public ESG disclosures. The 2023 report highlights Gildan's continued progress against key targets, two years into the implementation of its Next Generation ESG strategy and 2030 targets.

Gildan Celebrates Two Decades of Sustainability Reporting With the Release of its 2023 ESG Report

MONTREAL, May 29, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) is committed to returning capital to shareholders via share buybacks and dividends as a key element of its capital allocation program. As previously indicated, the Company planned on resuming share repurchases following the Annual General Meeting of shareholders which occurred on May 28, 2024. Consequently, Gildan's newly reconstituted Board of Directors has now approved the resumption of share repurchases and an amended normal course issuer bid (NCIB).

Gildan Activewear Announces Increase of Normal Course Issuer Bid

MONTRÉAL, May 29, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) today announced that the eight director nominees, being all of the existing directors of the Company following the resignation on May 23, 2024 of the prior members of the board of directors, were elected as directors of the Company for the ensuing year by an overwhelming majority of the votes cast by shareholders, in-person, and by proxy, at its annual meeting of shareholders held on May 28, 2024 in Montréal. As a result of the prior directors having all resigned in advance of the annual meeting and their decision not to present themselves for election, only eight director nominees were presented for election at the annual meeting.

Gildan Activewear Reports on Shareholders' Voting Results

Gildan Activewear said Glenn Chamandy, the company's former CEO, will return as CEO following the resignation Thursday evening of Vince Tyra, president and CEO, and the entire board of directors.

Gildan Names Glenn Chamandy as President and CEO

MONTREAL, May 24, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) announced today that the Board of Directors has appointed Glenn J. Chamandy as President and Chief Executive Officer and Michael Kneeland as non-executive Chair of the Board, each effective immediately.

Glenn Chamandy Appointed as President and CEO and Michael Kneeland to serve as Chair of the Board of Directors

The clothing maker's board has been clashing with Browning West and seven other investors that own a total of 35% stake in the company following the ouster of co-founder Chamandy in December.

Gildan Activewear shares climb after board resigns, ousted CEO returns

The focus, analysts say, now turns to the Canadian clothing maker's ability to bring growth back from a period of stagnating demand and lift the stock out of its slump.

Gildan Focus Now Turns to Growth With New Board, Former CEO's Expected Reinstatement

The entire board of Gildan Activewear is resigning in favor of activist Browning West's eight nominees, a win for ousted founder Glenn Chamandy days ahead of the company's annual meeting. Gildan is a major apparel supplier for companies like Amazon and Target, and also owns American Apparel.

Gildan's board abruptly resigns ahead of annual meeting, handing control to activist

Canadian apparel maker Gildan Activewear said on Thursday its board of directors has resigned and its CEO Vince Tyra has stepped down to be replaced by former top boss Glenn Chamandy.

Canadian apparel maker Gildan's board resigns, ex-CEO Chamandy returns

LOS ANGELES--(BUSINESS WIRE)--Browning West, LP (together with its affiliates, “Browning West” or “we”), which is a long-term shareholder of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL) (“Gildan” or the “Company”) and beneficially owns approximately 5.7% of the Company's outstanding shares, today announced that its eight-member slate of directors – Michael Kneeland, Glenn J. Chamandy, Michener Chandlee, Ghislain Houle, Mélanie Kau, Peter Lee, Karen Stuckey, and J.P. Towner – will constitute th.

Browning West Announces Successful Replacement of Gildan Activewear's Entire Board of Directors with Full Eight-Member Slate

MONTREAL, May 23, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) today announced that the full Board of Directors has resigned, and Vince Tyra has stepped down as President and Chief Executive Officer, effective at the end of the day. The outgoing Board has appointed Browning West nominees to the Board of Directors, effective at that time. The outgoing Board has ceased discussions regarding the previously announced sale process.

Gildan Board of Directors Resigns

LOS ANGELES--(BUSINESS WIRE)--Browning West, LP (together with its affiliates, “Browning West” or “we”), which is a long-term shareholder of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL) (“Gildan” or the “Company”) and beneficially owns approximately 5.0% of the Company's outstanding shares, today announced that a second independent proxy advisory firm, Glass, Lewis & Co. (“Glass Lewis”), has joined Institutional Shareholder Services Inc. (“ISS”) in recommending that Gildan shareholders vot.

Glass Lewis Joins ISS in Recommending Gildan Activewear Shareholders Vote “FOR” ALL EIGHT of Browning West's Director Candidates, Including Former CEO Glenn Chamandy

LOS ANGELES--(BUSINESS WIRE)--Browning West, LP (together with its affiliates, “Browning West” or “we”), which is a long-term shareholder of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL) (“Gildan” or the “Company”) and beneficially owns approximately 5.0% of the Company's outstanding shares, today announced that Institutional Shareholder Services Inc. (“ISS”), a leading independent proxy advisory firm, has recommended that Gildan shareholders vote to elect all eight of Browning West's highly qu.

ISS Recommends Gildan Activewear Shareholders Vote the GOLD Proxy Card “FOR” ALL EIGHT of Browning West's Director Candidates, Including Former CEO Glenn Chamandy

MONTREAL, May 17, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) today announced that it has published an investor presentation, entitled “New, Focused CEO and Refreshed Board Delivering for All Gildan Shareholders”, in connection with its upcoming 2024 Annual Meeting of Shareholders (the “2024 Annual Meeting”) to be held on May 28, 2024. The investor presentation will be available at https://www.futureofgildan.com and on the Company's 2024 Annual Meeting page.

Gildan Activewear Publishes Investor Presentation Highlighting Critical Reasons to Vote for Its Director Nominees at Upcoming Annual Meeting

LOS ANGELES--(BUSINESS WIRE)--Browning West, LP (together with its affiliates, “Browning West” or “we”), which is a long-term shareholder of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL) (“Gildan” or the “Company”) and beneficially owns approximately 5.0% of the Company's outstanding shares, today announced that the two meritless lawsuits brought by Gildan's Board of Directors (the “Board”) against Browning West have been dismissed: The Superior Court of Quebec dismissed the Board's Hart-Scott-.

Browning West Announces the Dismissal of All Frivolous Lawsuits Brought by Gildan Activewear's Board Ahead of Upcoming Annual Meeting

- Board Urges Shareholders to Vote “FOR” ALL Gildan's Qualified and Experienced Director Nominees and Karen Stuckey and J.P. Towner on the BLUE Proxy Card

Gildan Activewear Board of Directors Issues Letter to Shareholders

LOS ANGELES--(BUSINESS WIRE)--Browning West, LP (together with its affiliates, “Browning West” or “we”), which is a long-term shareholder of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL) (“Gildan” or the “Company”) and beneficially owns approximately 5.0% of the Company's outstanding shares, today issued a presentation regarding the urgent need for superior leaders with a plan to supercharge returns for Gildan shareholders. The presentation is available for download here. As a reminder, Brownin.

Browning West Releases Presentation Detailing Why Voting FOR All Eight of Browning West's Nominees Is the Superior Path Forward for Gildan Activewear Shareholders

MONTREAL, May 13, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL; TSX and NYSE) today announced that it has published an investor presentation, entitled “Successfully Driving Long-Term Value for All Shareholders”, in connection with its upcoming 2024 Annual Meeting of Shareholders (the “2024 Annual Meeting”) to be held on May 28, 2024. The investor presentation will be available at http://www.futureofgildan.com and on the Company's 2024 Annual Meeting page.

Gildan Activewear Publishes Investor Presentation for 2024 Annual Meeting

MONTRÉAL, May 08, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) announced today that it has reached an agreement to issue CAD$200 million aggregate principal amount of senior unsecured notes to Caisse de dépôt et placement du Québec (“CDPQ”) on a private placement basis. The notes will bear interest at a rate of 6.0% per year and will mature 5 years from the issuance date. Gildan intends to use the net proceeds of the issuance to fund its common share repurchase program and for the repayment of maturing outstanding debt.

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