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The Canadian garment company said the acquisition will expand its scale and strengthen its global positioning.
Gildan, the trusty budget-friendly T-shirt brand, has discounted a bunch of men’s basics on Amazon this week. We’re talking boxers, undershirts, zip-up hoodies — staple wardrobe items you ...
This acquisition, which is the Montreal-based company’s largest since establishment, was initially dismissed by its board ...
Canada’s Gildan Activewear is nearing a deal to acquire Hanesbrands, in a takeover that could value the US underwear-maker at nearly $5bn including debt, according to people familiar with the matter.
HanesBrands’ stock falls, as the buyout agreement with Gildan disappointed investors who were expecting a better deal.
Amazon (AMZN) is expanding its same-day grocery delivery services, sending shares of competitors like Kroger (KR) and ...
Shares of Gildan Activewear jumped when the T-shirt manufacturer agreed to purchase undergarment maker Hanesbrands for $2.2 ...
One local economics professor said HanesBrands headquarters may remain in Winston-Salem, but added "I don't think textile ...
Gildan Activewear Inc. agreed to buy US underwear maker Hanesbrands Inc. — aiming to double its annual sales — for about $2.2 ...