Canadian-based Gildan will keep its headquarters in Montreal, and the combined company will have a presence in North Carolina ...

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

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

Gildan and HanesBrand announced a merger agreement with a focus to strengthen its business in basic apparel on Wednesday.

The deal would nearly double Gildan’s revenue, but there could be antitrust hurdles because both companies sell underwear, ...

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

The Financial Times reported that while the talks are at an advanced stage, "they are not finalized and could collapse." ...

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

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

One local economics professor said HanesBrands headquarters may remain in Winston-Salem, but added "I don't think textile ...

Canada's Gildan Activewear is nearing a deal to buy Hanesbrands , potentially valuing the U.S. innerwear-maker at about $5 billion, including debt, according to a person familiar with the matter.

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