Gildan recognized as one of Canada's Best 50 Corporate Citizens by Corporate Knights and among TIME's World's Most Sustainable Companies. June 26, 2026 - Gildan Activewear Inc. is pleased to announce that it has been included on Canada's Best 50 Corporate Citizens list by Corporate Knights for a fifth consecutive year. Gildan is one of only two companies in the Textiles and Clothing Manufacturing sector to be included. Additionally, the Company has once again been placed in TIME's World's Most Sustainable Companies ranking, which is now in its third edition. It is one of 19 Canadian companies featured on this global list and is one of only two Canadian companies recognized in the "Apparel, Footwear & Sporting Goods" industry subcategory. "Our consistent recognition from key rankings like Corporate Knights and TIME reflect the longstanding importance of sustainability within Gildan's corporate strategy," says Glenn J. Chamandy, President and CEO of Gildan. "Thanks to the dedication of our teams across the business, I am confident that we will continue to deliver on our commitment to Making Apparel Better(R)." Canada's Best 50 Corporate Citizens of 2026 by Corporate Knights is derived from a data set of companies with more than $1 billion in annual revenues, with potential contenders including publicly listed companies, privately-owned corporations, Crown corporations and credit unions as well as members of the TSX / S&P Renewable Energy and Clean Technology Index. For 2026, the methodology was updated to focus on three equally weighted metrics: share of investments and share of revenues that are sustainable (as defined under the Corporate Knights Sustainable Economy Taxonomy), and the sustainable-revenue momentum score, which tracks growth in sustainable revenues from 2022 to 2024. June 24, 2026 - S&S Activewear announced its rebrand to S&S, reflecting the company's evolution into a growth partner that helps customers succeed through a powerful combination of products,... June 11, 2026 - Cutter & Buck Canada is pleased to announce the appointment of Noe Saenz as Territory Manager for Southern Alberta, reinforcing the company's continued investment in... June 11, 2026 - SRG is proud to announce a new partnership with HydraPeak, an industry-recognized brand celebrated for its sleek, high-performance vacuum-insulated stainless steel drinkware. This strategic addition...

Investor rights alert: Gildan (GIL) is being investigated by BFA Law for Securities Fraud after channel stuffing allegations cause 18% Stock Drop. BFA Law is investigating whether Gildan committed securities fraud relating to allegations that the company engaged in a channel stuffing scheme to artificially inflate revenue. NEW YORK, June 19, 2026 (GLOBE NEWSWIRE) - Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Gilden Activewear Inc. (NYSE:GIL) for potential securities fraud after its significant stock drop. If you invested in Gildan, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/gildan-class-action-lawsuit. Key Details of the Gildan ($GIL) Class Action Investigation: * Investigation Overview: Securities fraud relating to allegations that Gildan engaged in a channel stuffing scheme to artificially inflate revenue * Stock Decline: June 16, 2026 - 18.75% Stock Drop * Action: Contact BFA Law to discuss your rights Why is Gildan Being Investigated for Securities Fraud? Gildan is being investigated for securities fraud following a significant stock drop. The decline in Gildan's stock price caused significant losses to investors. Gildan is an apparel manufacturer that produces and sells basic clothing - such as T-shirts, fleece, underwear, and socks - primarily in bulk to wholesalers, screen printers, and retailers. BFA is investigating whether Gildan misled investors about its financial results, including the true drivers and sustainability of its reported revenue. For instance, Gildan attributed strong sales results to "share gains in key growth categories," "strong market response to products introduced... which featured key innovations," and other legitimate business factors. Why did Gildan's Stock Drop? On June 16, 2026, Jehoshaphat Research published a report titled "Stuffing All of the Channel Some of the Time?" which alleged Gildan "has been stuffing the channel to make revenues look like they're growing" and that "[t]his pulling-forward of sales has been cannibalizing future demand and inflating the overall growth trajectory of this business." Jehoshaphat's allegations are based on interviews with former employees, customers, and distributors, among other things. This news caused the price of Gildan stock to decline $11.62 per share, or 18.75%, from a closing price of $61.97 per share on June 15, 2026, to $50.35 per share on June 16, 2026. What Can You Do? If you invested in Gildan, you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Why Bleichmar Fonti & Auld LLP? BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters. Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space." One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients." Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd. Attorney advertising. Past results do not guarantee future outcomes. Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

FIGS, a healthcare scrubs specialist, and Gildan Activewear, a vertically integrated basics manufacturer, represent contrasting investment approaches in apparel stocks for 2026. FIGS uses a direct-to-consumer model targeting healthcare professionals, achieving $631.1 million revenue in fiscal 2025, up 13.6% year-over-year. Net income jumped to $34.2 million from $2.7 million in fiscal 2024. The company maintains a low debt-to-equity ratio of 0.1x and a current ratio of 4.9x, serving over 3 million active customers. Gildan Activewear reported fiscal 2025 revenue of $3.7 billion, up 12.5%, with net income of $405.9 million and an 11% net margin. The company employs 80,000 people globally and controls production from yarn to finished garments. FIGS offers growth potential in a niche market, whilst Gildan provides scale and stability through high-volume manufacturing.