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

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

We recently published 10 Double-Digit Winners You Wish You Bought Yesterday. Hanesbrands Inc. (NYSE:HBI) is one of the last week’s top performers. Hanesbrands saw its share prices increase by 32.8 ...

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

HanesBrands relocated its corporate headquarters to downtown Winston-Salem in February. The downtown office has a workforce ...

S&P Global Ratings placed Hanesbrands’ debt ratings on CreditWatch positive because it believes Hanesbrands’ credit profile ...

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

"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 ...

We are extremely pleased to welcome the HanesBrands’ team to the Gildan family,” commented Glenn J. Chamandy, President and ...