The HanesBrands deal could reshape Gildan’s future—here’s what investors should watch next.Connecticut-based Ararat Capital Management cut its stake in Gildan Activewear (GIL +2.10%) by 137,548 shares in the third quarter, reducing its position by approximately $4.9 million, according to a November 14 SEC filing.What HappenedAccording to the SEC filing dated November 14, Ararat Capital Management LP reduced its exposure to Gildan Activewear by selling 137,548 shares during the third quarter. The position’s ...