News

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.

Gildan to Buy Underwear Maker Hanesbrands for $2.2 Billion

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

Gildan’s $2.2B Deal for HanesBrands Signals Major Changes in Fashion

Count Gildan Activewear Inc.’s cash and stock deal to buy HanesBrands Inc. as a $2.2 billion ripple in the fashion industry ...

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 ...

T-shirt maker Gildan nears deal to acquire US underwear group Hanesbrands

Canada’s Gildan Activewear is nearing a deal to acquire Hanesbrands, in a takeover that could value the US underwear-maker at ...

Gildan to acquire Hanesbrands in $4.4B deal, creating apparel powerhouse and ending era in Winston-Salem

The merger of two apparel giants promises to reshape the industry landscape, with significant implications for jobs and ...

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.

Hanes and Playtex Owner Agrees to $4.4 Billion Takeover. Why the Stock Is Down.

The companies hope the acquisition will create a global apparel leader with access to Hanesbrands’ innerwear brands such as ...