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

Wall Street analysts acknowledge some risks but are largely positive about the prospect of Gildan Activewear acquiring ...

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 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." ...

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

After officially inking a definitive agreement last week, Hanesbrands Inc. (NYSE:HBI) said that its shareholders are set to receive 0.102 shares of Gildan Activewear and $0.80 in cash for each HBI ...

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.

HanesBrands is being bought by Canadian apparel company Gildan. Winston-Salem leaders say the sale doesn’t mean the company ...