News

Gildan Activewear (NYSE:GIL) has agreed to acquire HanesBrands (NYSE:HBI) in a deal that implies an equity value of ~$2.2 billion and an enterprise value of ~$4.4 billion for HanesBrands. Western ...
HanesBrands is being bought by Canadian apparel company Gildan. Winston-Salem leaders say the sale doesn’t mean the company ...
HanesBrands relocated its corporate headquarters to downtown Winston-Salem in February. The downtown office has a workforce ...
Paul Sweeney harnesses the power of Bloomberg Intelligence to analyze market news and provide in-depth company and industry research.
Weekly applications for jobless benefits are seen as a proxy for U.S. layoffs and have mostly settled in a historically ...
The Labor Department reported that its producer price index was up 0.9% last month from June and 3.3% from a year earlier.
Gildan Activewear and HanesBrands have agreed to merge in a transaction valued at approximately $2.2 billion in equity and $4.4 billion in enterprise value, based on Gildan’s 11 August 2025 closing ...
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,” ...
U.S. stocks ticked higher on Wednesday after a rally spurred by hopes for lower U.S. interest rates wrapped around the world.
The local community will have to cross its fingers that Gildan Activewear Inc., with a major operational presence in Eden, ...
U.S. stocks ticked higher on Wednesday after a rally spurred by hopes for lower U.S. interest rates wrapped around the world.