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Gildan Q1 earnings down almost 20% as feud over who should lead the company continues

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Gildan Activewear Inc. says it earned US$78.7 million in its first quarter, down almost 20 per cent from US$97.6 million a year earlier.

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Gildan Shareholder Asks Court to Stop Board From Selling CompanyOne of Gildan Activewear Inc.’s largest shareholders asked a Quebec court to block the clothing manufacturer’s board of directors from selling the company.
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