News

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 ...
One local economics professor said HanesBrands headquarters may remain in Winston-Salem, but added "I don't think textile manufacturing is coming back to the United States.
Gildan Activewear Inc. and Hanesbrands Inc. have agreed to a merger valued at about $4.4 billion, the companies have ...
Gildan confirmed that the HanesBrands name will close, and the combined company will operate under the Gildan name. They also ...
The Financial Times reported that while the talks are at an advanced stage, "they are not finalized and could collapse." ...
The local community will have to cross its fingers that Gildan Activewear Inc., with a major operational presence in Eden, ...
An international clothing company based in Winston-Salem is on the verge of being sold for $5 billion, according to the Financial Times. Gildan Activewear, a ...
The transaction, subject to shareholder and regulatory approvals, is expected to close between late 2025 and early 2026.
Gildan Activewear has entered into a definitive agreement to pay $2.2 billion for HanesBrands in a deal that places its ...
We’ll be bringing together Gildan’s leadership in activewear with Hanes leading innerwear retail presence and expertise,” ...
The deal would nearly double Gildan’s revenue, but there could be antitrust hurdles because both companies sell underwear, ...