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

The Canadian garment company said the acquisition will expand its scale and strengthen its global positioning.

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

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

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

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

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

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

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

Gildan Activewear, headquartered in Montreal, Canada, is close to acquiring Hanesbrands in a potential $5 billion deal that ...

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

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