News

Canada’s Gildan to acquire US apparel brand HanesBrands for $4.4bn

The transaction, subject to shareholder and regulatory approvals, is expected to close between late 2025 and early 2026.
SGB Online18m

Hanesbrands Faces Possible Debt Rating Upgrade on Proposed Gildan Merger

S&P Global Ratings placed Hanesbrands’ debt ratings on CreditWatch positive because it believes Hanesbrands’ credit profile ...

Hanesbrands to maintain 'major presence' in Winston-Salem after merger with Gildan

It may be another headquarters exit, but post merger, Hanesbrands is planning to maintain a presence in Winston-Salem, where ...

HanesBrands and Gildan merger could change big business landscape in Downtown Winston-Salem, economist says

Gildan confirmed that the HanesBrands name will close, and the combined company will operate under the Gildan name. They also ...
Winston-Salem Journal4h

HanesBrands sale may symbolize end of corporate headquarters era in Winston-Salem

The local community will have to cross its fingers that Gildan Activewear Inc., with a major operational presence in Eden, ...
StockStory.org on MSN4h

Hanesbrands’s Q2 Earnings Call: Our Top 5 Analyst Questions

Hanesbrands delivered second quarter results that exceeded Wall Street’s expectations, with the market responding positively ...

HanesBrands is being bought out, but the stock is falling. Here’s why.

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

Hanesbrands Looks Undervalued With 2025 Guidance Increase And Transformative Initiatives

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