This acquisition, which is the Montreal-based company’s largest since establishment, was initially dismissed by its board ...

We’ll be bringing together Gildan’s leadership in activewear with Hanes leading innerwear retail presence and expertise,” ...

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 ...

Count Gildan Activewear Inc.’s cash and stock deal to buy HanesBrands Inc. as a $2.2 billion ripple in the fashion industry ...

The transaction, subject to shareholder and regulatory approvals, is expected to close between late 2025 and early 2026.

U.S. undergarments maker Hanesbrands has been bought by Canadian firm Gildan Activewear in a $2.2 billion agreement.

"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 ...

Gildan Activewear Inc. has gone from potential takeover target last year to it being the big-time buyer as it snaps up ...

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

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

Iconic Australian brands like Bonds, Sheridan and Berlei could be put on the market after their parent company HanesBrands ...