The Canadian garment company said the acquisition will expand its scale and strengthen its global positioning.

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

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

Canada's Gildan Activewear is nearing a deal to acquire Hanesbrands , which could value the U.S. innerwear-maker at about $5 billion including debt, the Financial Times reported on Tuesday, citing ...

Shares of clothing company Hanesbrands (NYSE:HBI) jumped 37.5% in the morning session after reports that it is in advanced ...

An international clothing company based in Winston-Salem is on the verge of being sold for $5 billion, according to the ...