"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 ...

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

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

Cold, short washes reduced shed microfibers and transferred dyes. Scientists from the University of Leeds—and, it should be ...

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Weekly applications for jobless benefits are seen as a proxy for U.S. layoffs and have mostly settled in a historically healthy range between 200,000 and 250,000 since COVID-19 throttled the economy ...

The Labor Department reported that its producer price index was up 0.9% last month from June and 3.3% from a year earlier.

Gildan Activewear and HanesBrands have agreed to merge in a transaction valued at approximately $2.2 billion in equity and $4.4 billion in enterprise value, based on Gildan’s 11 August 2025 closing ...

Gildan Activewear has entered into a definitive agreement to pay $2.2 billion for HanesBrands in a deal that places its ...

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

Canada’s Gildan is buying the maker of basic T-shirts, bras and boxers for $2.2 bln. Combining with the American Apparel ...

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