All articles tagged with #hanesbrands
Gildan Activewear is acquiring Hanesbrands for $2.2 billion to double its sales and expand its scale, with the deal expected to close by early next year, creating a major player in the apparel industry.
Gildan Activewear is acquiring U.S. undergarments maker Hanesbrands for $2.2 billion to expand its presence in basic apparel, combining Hanes' strong retail brands with Gildan's wholesale market expertise, with the deal expected to close by early 2026.
Hanesbrands' stock surged 30% amid reports that it may be acquired by Gildan Activewear in a deal valued at around $5 billion, significantly higher than its previous market value, amidst a challenging year for Hanesbrands due to soft sales and tariffs.
Gildan is close to acquiring US underwear group Hanesbrands, signaling a significant move in the apparel industry.
Jim Cramer recommends buying BlackRock due to its strong performance and recent acquisition, advises against owning SolarEdge and Axsome Therapeutics, and expresses uncertainty about HanesBrands.
Activist investor seeks to shake up Hanesbrands, a leading underwear maker, as the company faces challenges in the industry. The investor aims to make changes to improve the company's performance and increase shareholder value.