Gildan announced today that new CEO Vince Tyra will take over as CEO effective January 15th instead of the previously announced February start. This is in the face of certain investors trying to bring back ousted former CEO Glenn Charmondy. Certainly the current board of Gildan is not backing down to the investor challenge. In…
Gildan’s newest press release pulls no punches, in their Board’s “open letter to stockholders” they issue a surprisingly harsh rebuke to investor efforts to re-instate Glenn Charmandy as CEO. They portray Mr. Charmondy as disengaged, as having no vision for the future of the company, and involved in personal (including a golf resort in Barbados)…
A federal suit was filed by a fan Charles Franz on behalf of anybody buying Fanatics NFL gear since 2016 from Fanatics. The suit is not about exclusive production, but about anti-competitive arrangements that squeeze out any distribution but Fantatics from the marketplace. The suit was filed against Fanatics and also the NFL and its…
Thanks to Craig Calcaterra and his newsletter A Cup of Coffee I just found my way to Uni-Watch.com Uni Watch is the place for the geeking out over uniforms and more. All I can say is WOW! You think that you have trouble with the Little League t-shirts you are doing? Dive into what a…
There is an article in the NY Times this week (sorry, but you might get a read for free, but most likely it is behind a paywall) about check fraud. I had heard that thieves were stealing checks out of mailboxes and then erasing them with chemicals and changing the payee to them and then…
Gildan recently thanked long time CEO and original founder Glenn Charmondy, but they announced they were parting ways. They have installed Victor Tyra (a former Fruit of the Loom exec) as the new CEO, to begin his employment in February. After Glenn Charmandy issued his own press release saying that he was forced out at…
We have posted about this in the past, but I am very painfully aware the past couple weeks of it being true beyond anything I imagined when we first put this out. What we are calling the “Visions of Sugar Plums Effect” is real. I’ve found that I just end up angry and/or disappointed if…
Just like t-shirts, businesses come in all sizes. Bigger isn’t always better. While growth is often seen as a mark of success, some entrepreneurs thrive by keeping their operations small. Many people assume that growing a business by adding employees and equipment automatically means it’s more successful, but there are plenty of folks who are…
Gildan has just announced that Vince Tyra formerly at Fruit of the Loom, former CEO of Alphabroder 2000-2005, and former Athletic Director at the University of Louisville will be taking over the reigns at Gildan as President and CEO. This will start in February 2024. On an interim basis Craig A. Leavitt will be acting…
What’s so great about transfers? So many things! Their flexibility, scalability, reliability and viability as a decorating solution for literally any type of customizable product. This Shop Talk from Impressions Atlantic City features a dream team of transfer experts- Kyle Eslinger of SanMar, Josh Ellsworth of Stahl’s, Carrie Terwilliger of FM Expressions, Jody Mazade of Howard…
