Browning West news and archive

Gildan posts marginal drop in Q1 net sales

Gildan Activewear reported first quarter net sales of 696 million dollars, down 1 percent over the prior year driven by lower net selling prices and unfavourable mix. Meanwhile Browning West, which is campaigning to bring back former Gildan CEO Glenn Chamandy, urged its fellow shareholders to vote for all its eight director candidates at the...

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Gildan reshuffles board, ropes in ex-Goldman Sachs executive as chairman

Gildan Activewear has announced a refreshed board of directors with five new appointments. Timothy (Tim) Hodgson, former special advisor to governor Carney at the Bank of Canada and former CEO of Goldman Sachs Canada, Lewis L. (Lee) Bird III, former chairman and chief executive officer of At Home Group, Jane Craighead, former senior vice...