Daily Newsletter

05 August 2024

Daily Newsletter

05 August 2024

Gildan’s returning CEO, strong Q2 signal ‘stability after turmoil’

Canadian apparel company Gildan Activewear has reported a 3% increase in net sales for Q2 over the prior year period, with an industry expert noting the results were not caused by the return of the company's former CEO but his taking the top seat after recent management turmoil will "likely usher in a period of stability".

Laura Husband August 05 2024

Gildan’s returning CEO is optimistic about the remainder of 2024 with an industry expert noting the company needs to show stability after its recent managerial disputes. Credit: Shutterstock.

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