×
1 332
Fashion Jobs
ESTÉE LAUDER
Clinique - Consultant - Boots, Newcastle - 18 Hours - Part-Time, Permanent
Permanent · Newcastle upon Tyne
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Kingston - 30 Hours / 4 Days - Full-Time, Permanent
Permanent · Kingston upon Thames
ESTÉE LAUDER
Clinique - Consultant - Boots, Fosse Park- 7.5 Hours - Part Time, Permanent
Permanent · Leicester
MICHAEL KORS
Sales Supervisor, Multrees Walk
Permanent · EDINBURGH
VASHI
Talent Acquisition Partner
Permanent · LONDON
LEVI'S
Senior Trade Compliance Analyst
Permanent · Northampton
FOOT LOCKER
Geo Marketing Manager United Kingdom
Permanent · London
VANS
Account Coordinator - French Speaking - Vans
Permanent · NOTTINGHAM
ESTÉE LAUDER
Tom Ford - Business Manager - Selfridges, Birmingham - 37.5 Hours - Full Time, Permanent
Permanent · Birmingham
ESTÉE LAUDER
Marketing Executive, Tom Ford Beauty, Kilian, Darphin And le Labo - Travel Retail Emea (Based London)
Permanent · London
ESTÉE LAUDER
Corporate Account Executive, Lagardere, Dfs, Inflight And Aquatic - Travel Retail Emea (Based London)
Permanent · London
ALEXANDER MCQUEEN
Collection Coordinator Assistant
Permanent · LONDON
ESTÉE LAUDER
Clinique - Consultant - Boots, Oxford - 24 Hours - Part Time, Permanent
Permanent · Oxford
ESTÉE LAUDER
Clinique - Consultant - Boots, Sedley Place London - 37.5 Hours - Full Time, Permanent
Permanent · London
PAUL SMITH
Office Administrator
Permanent · NOTTINGHAM
FRASERS GROUP
Trainee Commercial Manager
Permanent · SHIREBROOK
FOREO
Key Account Manager
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis Edinburgh - 26 Hours - Part Time, Permanent
Permanent · Edinburgh
BEARA BEARA
Marketing Executive (Taiwanese)
Permanent · LONDON
BRANDLAB 360 - HULA
Hula by Barbara Hulanicki – Wholesale Sales Manager
Permanent · LONDON
HOMEGOODS
Loss Prevention Detective
Permanent · Countryside
TK MAXX
10933-Loss Prevention Officer Sth Ruislip
Permanent · Ruislip
By
Reuters
Published
Aug 3, 2010
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Gildan settles suit for $22.5 million

By
Reuters
Published
Aug 3, 2010

Aug 3 (Reuters) - Gildan Activewear (GIL.TO) said on Tuesday it had settled a securities class action lawsuit filed in 2008 relating to the clothing maker's earnings guidance in April that year.


www.gildan.com

Montreal-based Gildan said the settlement, which totaled $22.5 million, would have no impact on the company's earnings or cash flow and that it would be entirely covered by insurance.

Under the terms of the settlement, Gildan and its senior executives deny any wrongdoing.

The original suit complained that Gildan and some of its executives, among other issues, failed to disclose that its Dominican Republic textile facility was underperforming and that it had overstated its financial results.

The settlement, filed before the Ontario Superior Court of Justice, the Quebec Superior Court and the U.S. District for the Southern District of New York, was conditional upon the court approvals.

Shares of Gildan, which makes T-shirts, underwear and socks, were up 57 Canadian cents, or 1.8 percent, at C$32.20 on the Toronto Stock Exchange on Tuesday morning.

($1=$1.02 Canadian) (Reporting by Solarina Ho; editing by Rob Wilson)

© Thomson Reuters 2022 All rights reserved.