T-Shirt Maker Gildan Plunges on Short Seller’s Revenue Claim

Gildan apparel at a store in Montreal, Quebec, Canada, on Friday, Dec. 15, 2023. Two investment firms that are among the largest shareholders of clothing manufacturer Gildan Activewear Inc. are taking aim at the board for its decision to oust Chief Executive Officer Glenn Chamandy - a move that puts the company at risk, they say.