Report: Gildan CEO Fired for Acquisition Plans
Bloomberg reported that the reason that Gildan CEO, Glenn Chamandy had been fired was because he proposed making major acquisitions after working with Boston Consulting Group, according to confidential documents it obtained. According to the report, one option was to buy Hanesbrands, while another was to acquire two major apparel distributors, a move that would have doubled the size of ... Log in to view full article.
