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HanesBrands is being bought by Canadian apparel company Gildan. Winston-Salem leaders say the sale doesn’t mean the company ...
HanesBrands’ stock falls, as the buyout agreement with Gildan disappointed investors who were expecting a better deal.
Hanesbrands targets margin growth through debt cuts, asset sales, and tech upgrades, with positive EPS and revenue trends.
Gildan confirmed that the HanesBrands name will close, and the combined company will operate under the Gildan name. They also ...
The Canadian garment company said the acquisition will expand its scale and strengthen its global positioning.
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 ...
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