News

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 ...
The transaction, subject to shareholder and regulatory approvals, is expected to close between late 2025 and early 2026.
Count Gildan Activewear Inc.’s cash and stock deal to buy HanesBrands Inc. as a $2.2 billion ripple in the fashion industry ...
"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 ...
Iconic Australian brands like Bonds, Sheridan and Berlei could be put on the market after their parent company HanesBrands ...
In a major move to consolidate the basic side of the apparel industry, Gildan Activewear Inc. has agreed to buy HanesBrands ...
The American giant that acquired Pacific Brands off the ASX in 2016 is now merging with a rival, which is assessing whether ...
The local community will have to cross its fingers that Gildan Activewear Inc., with a major operational presence in Eden, ...
Bratspies also shared gratitude for Hanes’ associates around the world. This includes its local arm Hanes Australasia, which ...
Dealbreaker on MSN6d

Gildan to Acquire HanesBrands

Gildan Activewear and HanesBrands have entered into a definitive merger agreement under which Gildan will acquire HanesBrands. This transaction implies an equity value of approximately $2.2 billion ...