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News

Gildan, HanesBrands

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 · 4d · on MSN
Canada's Gildan Activewear is buying HanesBrands for $2.2 billion
Gildan Activewear is buying the struggling HanesBrands for $2.2 billion in a deal that gives the basic apparel maker access to household name brands like Hanes and Maidenform. The companies put the transaction’s valued at about $4.

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 · 2d · on MSN
Gildan Buying HanesBrands in $2.2 Billion Cash and Stock Deal
Retail TouchPoints · 2d
Gildan Buys Hanes for $2.2 Billion to Create Global Basic Apparel Powerhouse
Winston-Salem Journal
1h

What led to Gildan purchase of HanesBrands? Pressure from large investors

"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 ...
88.5 WFDD
1d

Local leaders hopeful as HanesBrands announces buyout

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

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