News

Retail Insider2d

Gildan and HanesBrands agree to combine to create a global basic apparel leader in $2.2 billion deal

Gildan Activewear Inc. and HanesBrands Inc. have announced that they have entered into a definitive merger agreement under ...
Retail TouchPoints2d

Gildan Buys Hanes for $2.2 Billion to Create Global Basic Apparel Powerhouse

Gildan Activewear has entered into a definitive agreement to pay $2.2 billion for HanesBrands in a deal that places its ...

Gildan to acquire Hanesbrands in $4.4B deal, creating apparel powerhouse and ending era in Winston-Salem

The merger of two apparel giants promises to reshape the industry landscape, with significant implications for jobs and ...

Gildan to Buy Hanesbrands for $2.2 Billion

The Canadian garment company said the acquisition will expand its scale and strengthen its global positioning.
88.5 WFDD1d

Local leaders hopeful as HanesBrands announces buyout

HanesBrands is being bought by Canadian apparel company Gildan. Winston-Salem leaders say the sale doesn’t mean the company ...

Gildan to Buy Underwear Maker Hanesbrands for $2.2 Billion

Gildan Activewear Inc. agreed to buy US underwear maker Hanesbrands Inc. — aiming to double its annual sales — for about $2.2 ...

Why Are Hanesbrands (HBI) Shares Soaring Today

Shares of clothing company Hanesbrands (NYSE:HBI) jumped 37.5% in the morning session after reports that it is in advanced ...