Page 6 - Glenn Chamandy News Today

MONTREAL — Gildan Activewear Inc. is making changes to its board of directors in an attempt to head off a move by an activist shareholder looking to replace a majority of the board at its annual meeting next month. U.S.

MONTREAL - Gildan Activewear Inc. is making changes to its board of directors in an attempt to head off a move by an activist shareholder looking to replace a majority of the board at its annual meeting next month.

Gratified That Board Leadership, Including the Chairman and Every Committee Chair, Has Seemingly Acknowledged Their Many Failures by Resigning En Masse Question Why the Board Has Gone to Such...

April 22 - Canadas Gildan Activewear on Monday recommended the election of two nominees of U.S.-based activist fund Browning West to the companys board,...

Gildan Activewear’s board of directors appears to be requiring potential suitors for the basic apparel manufacturer to place takeover offers by April 10, according to Canadian newspaper The Globe &

Browning says even if Gildan board is acting in a good faith attempt to explore a sale, uncertainty regarding future leadership of the company weakens its negotiating position in talks with any potential buyer

At least three U.S. private equity funds – Bain Capital, Sycamore Partners and Clayton Dubilier & Rice LLC – are circling Gildan, according to analysts

Browning West has announced a five-pillar plan for Gildan which it claims would increase its share price to more than $60 by the end of 2025.

Gildan Activewears ex-CEO said he has a strategy to nearly double the clothing maker’s profits by 2028 if he returns to the job. Read on.

As part of its plan to improve operations at Gildan, Browning West would shift production of fashion basics products from Honduras to Bangladesh and use excess capacity in Honduras for fleece production.