News

Wall Street analysts acknowledge some risks but are largely positive about the prospect of Gildan Activewear acquiring ...
HanesBrands’ stock falls, as the buyout agreement with Gildan disappointed investors who were expecting a better deal.
In a major move to consolidate the basic side of the apparel industry, Gildan Activewear Inc. has agreed to buy HanesBrands ...
Gildan Activewear is buying the struggling HanesBrands for $2.2 billion in a deal that gives the basic apparel maker access ...
Gildan confirmed that the HanesBrands name will close, and the combined company will operate under the Gildan name. They also ...
Gildan and HanesBrand announced a merger agreement with a focus to strengthen its business in basic apparel on Wednesday.
The Financial Times reported that while the talks are at an advanced stage, "they are not finalized and could collapse." ...
HanesBrands relocated its corporate headquarters to downtown Winston-Salem in February. The downtown office has a workforce of about 500.
On the news, Hanesbrand's stock rocketed higher, but its enterprise value currently sits at around $4.2 billion, roughly $800 ...
Hanesbrands targets margin growth through debt cuts, asset sales, and tech upgrades, with positive EPS and revenue trends.
The merger of two apparel giants promises to reshape the industry landscape, with significant implications for jobs and ...
Hanesbrands notified local and state governments that it plans to close its Champion-based distribution center on Eagle Hill Drive in High Point by Jan. 31.