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.

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 the below statement. “Recent media coverage and an independent research report suggest the Board has presided over an egregious failure of due care and judgement by overlooking Mr. Tyra's seemi.

Browning West Addresses Recent Media Reports That Highlight the Gildan Activewear Board's Diligence Failures and Poor Judgement When Appointing Vince Tyra as CEO

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, has filed a lawsuit today with the Superior Court of Quebec – Commercial Division (the “Quebec Superior Court”) against Gildan and the Company's Board of Directors (the “Board”) in order to ensure the right.

Browning West Files Lawsuit Against Gildan and Its Board of Directors to Ensure Shareholder Rights Are Protected at the 2024 Annual Meeting

Gildan Activewear's (GIL) Q4 2023 Earnings Call Transcript

MONTREAL, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) today announced results for the fourth quarter and year ended December 31, 2023, and initiated annual guidance for 2024. In addition, the Company announced a dividend increase of 10% for 2024.

Gildan Activewear Reports Strong Fourth Quarter Results and Initiates Guidance for 2024

MONTREAL, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) is pleased to share that it has been included in CDP's Leadership band for its 2023 climate change disclosures for the fourth time. In addition, Gildan was also included in the Sustainability Yearbook 2024 by S&P Global for the 12th consecutive year, based on S&P Global's Corporate Sustainability Assessment (CSA) in 2023.

Gildan Included in CDP's Leadership Band and in S&P Global's Sustainability Yearbook

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 urged the Company's Board of Directors (the “Board”) to promptly answer questions regarding its apparent diligence failures during the process that led to Vincent Tyra's appointment as Chief Executive.

Browning West Urges Gildan Activewear's Board of Directors to Promptly Answer Questions Related to Apparent Diligence Failures During Its CEO Search

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.

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