Gildan fight ends with shocking resignations by board, CEO
As a result, former chief executive Glenn Chamandy is being reinstated after being terminated in December.
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As a result, former chief executive Glenn Chamandy is being reinstated after being terminated in December.
Browning West, a long-term shareholder at Gildan Activewear, announced that two "meritless" lawsuits filed against it by Gildan’s Board of Directors have been dismissed.
Lawsuits filed against Browning West by Gildan's Board have been dismissed by the court as the power struggle continues.
On May 16, 2024, Browning West, LP announced that two meritless lawsuits brought by the Gildan Activewear Inc Board of Directors against Browning West had been dismissed. Firstly, the Superior Court...
While Canadian apparel manufacturer Gildan Activewear continues to be in conflict with its shareholders, Browning West, which owns 5% of the company's outstanding shares, is actively seeking support for its board nominees ahead of the special meeting on 28 May.