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, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) will report its 2023 fourth quarter and full year results on Wednesday, February 21st, 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 8434821 #. A replay will be available for 7 days starting at 12:30 PM ET 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 a replay, will be available at the following link Gildan Q4 2023 audio webcast.

Gildan Activewear Announces Date for Fourth Quarter and Full Year 2023 Earnings Release

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, after careful consideration, it has decided to nominate a slate of eight highly qualified candidates for election to the Board of Directors (the “Board”) at the Company's annual meetin.

Browning West to Run Slate of Eight Highly Qualified Director Candidates for Election at Gildan Activewear's Annual Meeting

Gildan Activewear said on Monday that it will hold a special election to determine if ousted CEO Glenn Chamandy will return.

Activist investors in Gildan Activewear will have chance to bring back fired CEO at special 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 responded to the Company's announcement that its Board of Directors (the “Board”) has “called” a so-called annual and special meeting of shareholders (the “Meeting”) to be held on May 28, 2024, while.

Browning West Reacts to the Gildan Activewear Board's Attempt to Simultaneously Delay and Cancel a Validly Requisitioned Special Meeting

MONTREAL, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) today announces that its board of directors (the “Board”) has called an annual and special meeting of shareholders (the “Meeting”) to be held on May 28, 2024 (the “Meeting Date”) in response to a shareholder requisition (the “Requisition”) submitted by Browning West, LP and its affiliates (together, “Browning West”). Under the Requisition, Browning West is asking Gildan shareholders to vote to remove the majority of Gildan's directors and replace them with Browning West's eight nominees with the intention that those nominees will reinstate Glenn Chamandy as CEO.

Gildan Sets Meeting Date and Provides Regulatory Update

MONTREAL, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX an NYSE and “Gildan” or “the Company”) today announces the release of a Governance Report by Dr. Richard W. Leblanc on The Process of CEO Succession Planning by the Board of Directors of Gildan Activewear Inc. Dr. Leblanc, one of Canada's leading experts on corporate governance and accountability, was retained by Gildan's Board to provide an independent review and answer the following question: Did the Board of Directors of Gildan Activewear follow a good and rigorous process with respect to succession planning for the President and Chief Executive Officer?

Gildan Releases Report on CEO Succession Process by Renowned Governance Expert

MONTREAL, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) today provides details on the timeline of events leading up to Glenn Chamandy's removal as CEO. For more than a month, Browning West and Glenn Chamandy have claimed that the Board of Directors carried out a flawed CEO succession process.

Gildan Provides Timeline of Events Leading Up to CEO's Removal

Gildan Activewear is a vertically integrated manufacturer specializing in everyday basic apparel with a product range including activewear, underwear, and hosiery items. I rate shares as "Buy" with a fair value of $44.85/share. Catalysts include a strong value proposition, expected input costs deflation, and new leadership.

Gildan Activewear: A Hidden Gem In The Apparel Landscape

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 an open letter to fellow shareholders in response to the Board of Directors' (the “Board”) attempt to invalidate Browning West's valid requisition for a Special Meeting of Shareholders (the “Sp.

Browning West Discloses Gildan Activewear's Efforts to Deprive Shareholders of an Opportunity to Reconstitute the Board at a Validly Requisitioned Special Meeting

Browning West's rapid accumulation of Gildan shares last month violated the US Hart-Scott-Rodino Act Browning West illegally acquired stake in order to take control of the Gildan Board and reinstall former Gildan CEO by requisitioning a special shareholders' meeting Illegal share acquisitions demonstrate short-term, reckless, and poorly planned nature of Browning West's campaign Gildan plans to take all appropriate actions to protect shareholders MONTREAL, Jan. 21, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) today announced that it has learned that Browning West, LP (“Browning West”) accumulated shares in violation of the United States Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”) as part of its misguided campaign to reinstall Glenn Chamandy as CEO of Gildan. The HSR Act is a US antitrust statute that requires investors to notify the US Federal Trade Commission and US Department of Justice and comply with a 30-day waiting period before acquiring voting securities in excess of a certain ownership threshold.

Gildan Comments on Violations of US Antitrust Law by Browning West

MONTREAL, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) today provides further information with respect to Glenn Chamandy's conduct around the time of his removal as CEO on December 10, 2023. The information sheds new light on at least one undisclosed relationship between Mr. Chamandy and a shareholder who is now calling for his reinstatement, and the Company is looking into others.

Gildan Activewear provides update on former CEO

MONTREAL, Jan. 12, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) is pleased to announce that Vince Tyra will assume the role of President and Chief Executive Officer on Monday, January 15, 2024. At the Board's request, Mr. Tyra has made himself available to move the start date from February 12 to respond to requests to engage early with key stakeholders and bring needed stability and leadership to the Company as it embarks on its next chapter of success.

Vince Tyra To Assume Role of President and CEO of Gildan Activewear on January 15, 2024

LOS ANGELES--(BUSINESS WIRE)--Browning West, LP (together with its affiliates, “Browning West” or “we”) is a significant, long-term shareholder of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL) (“Gildan” or the “Company”), beneficially owning approximately 5.0% of the Company's outstanding shares. Today, Browning West issued a letter to shareholders announcing that it has requisitioned a Special Meeting of Shareholders (the “Special Meeting”) for the purpose of providing shareholders an opportun.

Browning West Requisitions Special Meeting of Gildan Activewear Shareholders to Reconstitute a Majority of the Board of Directors

CEO's False Narrative Designed to Hide His Ineffective Leadership, Lack of Vision and High-Risk Go-Forward Strategy

Gildan Activewear Board of Directors Issues Open Letter to Shareholders and Sets Record Straight on Browning West's Misguided Campaign to Reinstall Former Gildan CEO

LOS ANGELES--(BUSINESS WIRE)--Browning West, LP (together with its affiliates, “Browning West” or “we”) is a significant, long-term shareholder of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL) (“Gildan” or the “Company”), beneficially owning approximately 5.0% of the Company's outstanding shares. Today, Browning West issued a letter to shareholders announcing its intent to requisition a Special Meeting of Gildan Shareholders (the “Special Meeting”) to provide shareholders an opportunity to reco.

Browning West Issues Letter to Gildan Activewear Shareholders Announcing Intent to Requisition Special Meeting to Reconstitute Board of Directors

TORONTO--(BUSINESS WIRE)--Turtle Creek Asset Management issues second letter to the board of directors of Gildan Activewear regarding termination of Glenn Chamandy.

Turtle Creek Asset Management Reiterates its Call to the Board of Gildan Activewear to Immediately Re-Appoint Glenn J. Chamandy as its CEO

MONTREAL, Dec. 20, 2023 (GLOBE NEWSWIRE) -- The Chairman of the Board of Directors of Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) and the Board's Committee Chairs today issued an open letter to shareholders.

Gildan Activewear Directors Issue Open Letter to Shareholders

LOS ANGELES--(BUSINESS WIRE)--Browning West, LP, which beneficially owns approximately 4.8% of the outstanding shares of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL) (“Gildan” or the “Company”), today issued the following letter to the Company's Board of Directors (the “Board”). December 20, 2023 Gildan Activewear Inc. 600 Maisonneuve Blvd W #3300 Montreal, QC H3A 3J2 Attn: The Board of Directors Members of the Board of Directors, Browning West, LP (together with its affiliates, “Browning West.

Browning West Sends Letter to Gildan Activewear's Board Regarding the Need to Heed Unprecedented Shareholder Feedback and Reinstate Glenn Chamandy as CEO

NEW YORK--(BUSINESS WIRE)--Oakcliff Capital, a long-term shareholder of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL) (“Gildan” or the “company”), today issued the following letter to the company's Board of Directors (the “board”). *** Board of Directors Gildan Activewear Inc. 600 de Maisonneuve West, 33rd Floor Montreal, Quebec H3A 3J2, Canada December 19, 2023 Dear Board of Directors, Oakcliff Capital manages a concentrated portfolio of equity investments that we have chosen based on deep res.

Oakcliff Capital Sends Letter to the Board of Gildan Activewear Calling for the Return of Glenn Chamandy as CEO

NEW YORK , Dec. 18, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Gildan Activewear Inc. ("Gildan" or the "Company") (NYSE: GIL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Gildan Activewear Inc. - GIL

Expresses Disappointment Regarding the Gildan Board Striking a Backroom Deal with an Individual Shareholder in Exchange for Their Support Rather than Engaging with Investors Troubled by Poor Succession Planning TORONTO , Dec. 18, 2023 /PRNewswire/ -- Anson Funds Management LP and Anson Advisors Inc., the co-investment advisers of certain investment funds (collectively "Anson Funds," "we," or "us") and significant shareholders of Gildan Activewear Inc. (NYSE: GIL) ("Gildan," or the "Company"), today issued the following statement regarding its views on the Company's Board of Directors' (the "Board") poor handling of succession planning and calling for the Board to immediately reinstate Glenn Chamandy as CEO.  "Anson Funds has become increasingly concerned by the Board's handling of succession planning and disregard for shareholder feedback.

Anson Funds Calls on Gildan Activewear's Board of Directors to Immediately Reinstate Glenn Chamandy as CEO

MONTREAL , Dec. 18, 2023 /PRNewswire/ - Glenn J. Chamandy, former President and CEO and co-founder of Gildan Activewear Inc. (TSX: GIL) (NYSE: GIL) ("Gildan" or the "Company"), today issued the following statement: Contrary to media reports, I gave no ultimatum to Gildan's board with respect to any strategy or potential acquisitions.

STATEMENT BY GLENN J. CHAMANDY

MONTREAL, Dec. 17, 2023 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) today announced a support agreement with Coliseum Capital Management, LLC (“Coliseum”), pursuant to which Coliseum will support Gildan's full slate of Board nominees at each of the 2024 and 2025 Annual Meetings of Shareholders. In connection with the agreement, and after meeting with members of Gildan's Board of Directors, Coliseum currently intends to make an additional investment in Gildan through market purchases during insider open window periods. Additionally, Chris Shackelton, a Co-Founder and Managing Partner of Coliseum has been invited to join Gildan's Board of Directors and has been appointed effective today.

Gildan Welcomes Chris Shackelton to its Board of Directors, along with Support from Coliseum Capital Management

Two large shareholders of Gildan Activewear have called on the company's board of directors to reinstate Glenn Chamandy immediately as the company's CEO to restore stakeholder confidence. Turtle Creek Asset Management and Browning West, which own roughly 3.2% and 3.9% respectively of Gildan's stock, both wrote to the Canadian apparel company's board after it announced on December 11 that it had appointed Vince Tyra to replace Chamandy from February 12, 2024, with Craig Leavitt, a director, acting as interim president and CEO until then.

Gildan Activewear shareholders call for CEO's reinstatement to restore confidence

LOS ANGELES--(BUSINESS WIRE)--Browning West, LP ("Browning West" or “we”), which beneficially owns approximately 3.9% of the outstanding shares of Gildan Activewear Inc. (NYSE: GIL) (TSX: GIL), today issued the following letter to the Company's Board of Directors. *** December 14, 2023 Gildan Activewear Inc. 600 Maisonneuve Blvd W #3300 Montreal, QC H3A 3J2 Attn: The Board of Directors Subject: Restoring Stakeholder Confidence and Preventing Permanent Damage at Gildan Members of the Board of Di.

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