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Stock impact report

Explainer: Impact of investor's fashion exit on lack of sustainability [Yahoo! Finance]

Gildan Activewear, Inc. Class A Sub. Vot. (GIL) 
Last gildan activewear, inc. class a sub. vot. earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: gildancorp.com/investors-landing-page
Company Research Source: Yahoo! Finance
The move came as ASN tightened its sustainability policies, marking a stark departure from the 12 companies it alleges to be inadequately committed to sustainable practices. Hennes & Mauritz (H&M), Inditex, Marks & Spencer (M&S), Asos, Next, Puma, Lojas Renner, Gildan Activewear, Kontoor Brands, Asics Corporation, Hanesbrands, VF Corporation were among the firms named. The 12 fashion brands did not respond to Just Style's request for comment at the time of writing, however ASN Impact Investors director San Lie explains: "Despite our engagement efforts, the companies have failed to take sufficient steps to improve the situation in recent years." ASN's decision raises important questions about whether sustainable investors will want to invest in the fashion industry in future and whether other investors might decide to leave in future. Is ASN's move a major shift or an isolated event? Although ASN declared that it was not ruling out any future investments in the fashion indus Show less Read more
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