Gildan’s Sales & Earnings Decline in Q1 as Proxy Fight Continues

As a battle with activist investors and co-founder/former CEO Glenn Chamandy continues, Top 40 supplier Gildan (asi/56842) reported Wednesday, May 1, that its sales dropped 1% and its net earnings were down about 20% year over year in the first quarter of 2024. The financial report comes as the publicly traded apparel manufacturer is reportedly…

Read More

Logomark Names New Chief Operating Officer

This article originally appeared on ASI. To read more, click here. Executive John Lear has joined the promo market – and he’s doing it with Top 40 supplier Logomark (asi/67866). The Tustin, CA-based firm announced May 1 that Lear has come aboard as chief operating officer. Clive Goldberg had…

Read More