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Statement By Glenn J. Chamandy, Former President And CEO, In Response To The Open Letter To Shareholders Issued By Gildan Activewear’s Board Of Directors; Says “The Board’s Unfortunate Actions Have Resulted In A Massive Loss Of Shareholder Value.”

Glenn J. Chamandy, former President and CEO and co-founder of Gildan Activewear Inc. (TSX:GIL) (NYSE:GIL) ("Gildan" or the "Company"), today issued the following statement in response to the open letter to shareholders

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