News

Canadian-based Gildan will keep its headquarters in Montreal, and the combined company will have a presence in North Carolina ...
As the Canadian market navigates a landscape of manageable yet persistent inflation and potential rate cuts, investors are keenly observing how these economic shifts might influence stock valuations.
Wall Street analysts acknowledge some risks but are largely positive about the prospect of Gildan Activewear acquiring ...
Gildan Activewear has agreed to buy U.S. undergarments maker Hanesbrands for $2.2 billion in cash and stock, the companies ...
The Canadian garment company said the acquisition will expand its scale and strengthen its global positioning.
The transaction, subject to shareholder and regulatory approvals, is expected to close between late 2025 and early 2026.
Gildan Activewear acquires Hanesbrands in a $2.2B deal, aiming for $200M annual synergies. Read here for more details on the ...
Gildan and HanesBrand announced a merger agreement with a focus to strengthen its business in basic apparel on Wednesday.
The Financial Times reported that while the talks are at an advanced stage, "they are not finalized and could collapse." ...
"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 ...
Gildan confirmed that the HanesBrands name will close, and the combined company will operate under the Gildan name. They also ...
The merger of two apparel giants promises to reshape the industry landscape, with significant implications for jobs and ...