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Gildan Activewear is buying the struggling HanesBrands for $2.2 billion in a deal that gives the basic apparel maker access ...
Gildan Activewear has agreed to buy U.S. undergarments maker Hanesbrands for $2.2 billion in cash and stock, the companies ...
The deal would nearly double Gildan’s revenue, but there could be antitrust hurdles because both companies sell underwear, ...
Canadian-based Gildan will keep its headquarters in Montreal, and the combined company will have a presence in North Carolina ...
In a major move to consolidate the basic side of the apparel industry, Gildan Activewear Inc. has agreed to buy HanesBrands ...
Gildan and HanesBrand announced a merger agreement with a focus to strengthen its business in basic apparel on Wednesday.
The Canadian garment company said the acquisition will expand its scale and strengthen its global positioning.
We’ll be bringing together Gildan’s leadership in activewear with Hanes leading innerwear retail presence and expertise,” ...
The deal would nearly double Gildan’s revenue, but there could be antitrust hurdles because both companies sell underwear, ...
HanesBrands relocated its corporate headquarters to downtown Winston-Salem in February. The downtown office has a workforce of about 500.
Gildan confirmed that the HanesBrands name will close, and the combined company will operate under the Gildan name. They also ...
The Financial Times reported that while the talks are at an advanced stage, "they are not finalized and could collapse." ...
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