Gildan Activewear is buying the struggling HanesBrand – maker of Hanes and Maidenform apparel – for $2.2 billion. HanesBrands' sales have fallen for three consecutive years and it hasn't turned an ...

The buyout by Canada-based Gildan values HanesBrands stock at a discount, coming a day after the Financial Times reported that a deal was close HanesBrands' stock falls as the buyout agreement with ...

FILE- In this April 21, 2008 file photo, Hanes underwear is seen on display at a store in Charlotte, N.C. (AP Photo/Chuck Burton, file) (Chuck Burton, AP2008) Gildan Activewear is buying the ...

Hanesbrands stock has recently seen its consensus analyst price target rise slightly to $6.55 from $6.47. This adjustment reflects growing optimism around the company’s prospects following anticipated ...

Canadian apparel company Gildan Activewear (NYSE:GIL) has finalized the acquisition of Hanesbrands (NYSE:HBI) in a transaction valued at $4.4 billion, including debt, marking the largest deal in ...

Canadian apparel maker Gildan Activewear said Thursday its board of directors has resigned and its CEO Vince Tyra has stepped down to be replaced by former top boss Glenn Chamandy. The company’s ...

KIT. RIGHT NOW AT 4:00, A MAJOR ECONOMIC ANNOUNCEMENT IMPACTING WINSTON-SALEM CANADIAN T-SHIRT AND APPAREL COMPANY GILDAN IS BUYING HANES BRANDS, ONE OF THE LAST REMAINING BIG BUSINESS HEADQUARTERS ...

Gildan Activewear is buying the struggling HanesBrands for $2.2 billion in a deal that gives the basic apparel maker access to household name brands like Hanes and Maidenform. Denny’s to be acquired ...

WINSTON-SALEM, N.C. — Gildan Activewear is set to buy Winston-Salem-based Hanesbrands for $2.2 billion, according to the Associated Press and several other sources. According to Hanesbrands, the ...