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Winston-Salem Journal5h

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 ...
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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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Hanesbrands Faces Possible Debt Rating Upgrade on Proposed Gildan Merger

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

Hanesbrands, Rogers, and More Stocks See Action From Activist Investors

Loews filed an initial 13D regarding its stake in the apparel maker, shifting to the stance of an activist investor from ...

HanesBrands is being bought out, but the stock is falling. Here’s why.

HanesBrands’ stock falls, as the buyout agreement with Gildan disappointed investors who were expecting a better deal.

Gildan to acquire Hanesbrands in $4.4B deal, creating apparel powerhouse and ending era in Winston-Salem

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

NC to lose Hanesbrands HQ in $4.4B merger

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

HanesBrands and Gildan merger could change big business landscape in Downtown Winston-Salem, economist says

Gildan confirmed that the HanesBrands name will close, and the combined company will operate under the Gildan name. They also ...

Gildan to Buy Underwear Maker Hanesbrands for $2.2 Billion

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