Gildan Activewear is buying the struggling HanesBrands for $2.2 billion in a deal that gives the basic apparel maker access ...

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

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

In a major move to consolidate the basic side of the apparel industry, Gildan Activewear Inc. has agreed to buy HanesBrands ...

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 ...

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 shares jump 37% on report of near-$5 billion takeover talks with Gildan Activewear, as the company grapples with ...

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.