News

Canadian company Gildan buying Hanes for $2.2 billion

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

Gildan Activewear And Hanesbrands Tie The Knot

Gildan Activewear acquires Hanesbrands in a $2.2B deal, aiming for $200M annual synergies. Read here for more details on the ...

HanesBrands and Gildan merger could change big business landscape in Downtown Winston-Salem, economist says

Gildan confirmed that the HanesBrands name will close, and the combined company will operate under the Gildan name. They also ...
Winston-Salem Journal1d

Reports: Gildan on verge of buying Winston-Salem's HanesBrands for $5 billion

The Financial Times reported that while the talks are at an advanced stage, "they are not finalized and could collapse." ...

Gildan Activewear to acquire HanesBrands

Gildan Activewear to acquire HanesBrands in a $4.4B deal, creating a global apparel leader. Learn about growth synergies and ...

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 buying HanesBrands Inc: Here's what you should know

One local economics professor said HanesBrands headquarters may remain in Winston-Salem, but added "I don't think textile ...

Gildan to Buy Hanesbrands for $2.2 Billion

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

Gildan Activewear to buy HanesBrands for $2.2 billion

The deal would nearly double Gildan’s revenue, but there could be antitrust hurdles because both companies sell underwear, ...

HanesBrands is being bought out, but the stock is falling. Here’s why.

HanesBrands’ stock falls, as the buyout agreement with Gildan disappointed investors who were expecting a better deal.