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 ...

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 ...

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

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 ...

An international clothing company based in Winston-Salem is on the verge of being sold for $5 billion, according to the ...

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

Gildan Activewear Inc. and Hanesbrands Inc. have agreed to a merger valued at about $4.4 billion, the companies have ...

Winston-Salem-based Hanesbrands may soon have a new owner. The Financial Times reports the company is in talks to be acquired ...

On the news, Hanesbrand's stock rocketed higher, but its enterprise value currently sits at around $4.2 billion, roughly $800 ...