Hanesbrands targets margin growth through debt cuts, asset sales, and tech upgrades, with positive EPS and revenue trends.

In a major move to consolidate the basic side of the apparel industry, Gildan Activewear Inc. has agreed to buy HanesBrands ...

Gildan Activewear is buying the struggling HanesBrands for $2.2 billion in a deal that gives the basic apparel maker access ...

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

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

On the news, Hanesbrand's stock rocketed higher, but its enterprise value currently sits at around $4.2 billion, roughly $800 ...

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

Winston-Salem-based Hanesbrands may soon have a new owner. The Financial Times reports the company is in talks to be acquired ...

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

An international clothing company based in Winston-Salem is on the verge of being sold for $5 billion, according to the ...

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

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