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

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

Gildan Activewear has agreed to buy U.S. undergarments maker Hanesbrands for $2.2 billion in cash and stock, the companies ...

Gildan and HanesBrand announced a merger agreement with a focus to strengthen its business in basic apparel on Wednesday.

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

"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 ...

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 ...

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

One local economics professor said HanesBrands headquarters may remain in Winston-Salem, but added "I don't think textile ...

Gildan Activewear Inc. agreed to buy US underwear maker Hanesbrands Inc. — aiming to double its annual sales — for about $2.2 ...

The merger of two apparel giants promises to reshape the industry landscape, with significant implications for jobs and ...