Gildan Activewear shares climb after board resigns, ousted CEO returns
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's board abruptly resigns ahead of annual meeting, handing control to activist
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.
Canadian apparel maker Gildan's board resigns, ex-CEO Chamandy returns
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.
GIL or KTB: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Textile - Apparel sector might want to consider either Gildan Activewear (GIL) or Kontoor Brands (KTB). But which of these two companies is the best option for those looking for undervalued stocks?
