Gildan Activewear is buying the struggling HanesBrands for $2.2 billion in a deal that gives the basic apparel maker access ...

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

Gildan and HanesBrand announced a merger agreement with a focus to strengthen its business in basic apparel on Wednesday.

Canadian-based Gildan will keep its headquarters in Montreal, and the combined company will have a presence in North Carolina ...

HanesBrands relocated its corporate headquarters to downtown Winston-Salem in February. The downtown office has a workforce ...

Canada-based Gildan Activewear will purchase HanesBrands in a $2.2 billion deal that will transfer ownership of popular name ...

We are extremely pleased to welcome the HanesBrands’ team to the Gildan family,” commented Glenn J. Chamandy, President and ...

After officially inking a definitive agreement last week, Hanesbrands Inc. (NYSE:HBI) said that its shareholders are set to receive 0.102 shares of Gildan Activewear and $0.80 in cash for each HBI ...

"They are No. 1 in innerwear and unrivaled in their retail presence," Chamandy said Wednesday. "With this transaction, our revenues will double, and we achieve a scale that distinctly sets ...

We assign Gildan a narrow moat rating based on a cost advantage. We believe the company has built an efficient supply chain that differentiates it from competitors. Although it is difficult to ...

Gildan Activewear is buying the struggling HanesBrands for $2.2 billion in a deal that gives the basic apparel maker access to household name brands like Hanes and Maidenform.

Gildan Activewear and HanesBrands have agreed to merge in a transaction valued at approximately $2.2 billion in equity and $4.4 billion in enterprise value, based on Gildan’s 11 August 2025 closing ...