Loews filed an initial 13D regarding its stake in the apparel maker, shifting to the stance of an activist investor from ...

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

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

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 ...

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

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

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

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

"They are No. 1 in innerwear and unrivaled in their retail presence," Chamandy said Wednesday. "With this transaction, our revenues will double, and we achieve a scale that distinctly sets ...

Hanesbrands shares jump 37% on report of near-$5 billion takeover talks with Gildan Activewear, as the company grapples with ...

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