"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 ...

Canada's Gildan Activewear is nearing a deal to buy Hanesbrands , potentially valuing the U.S. innerwear-maker at about $5 billion, including debt, according to a person familiar with the matter.

Gildan Activewear holds the No. 3 rank among its peers in the Apparel-Clothing Manufacturing industry group. Ralph Lauren Cl ...

U.S. equities edged higher at midday, with the S&P 500 and Nasdaq adding to their record closes, on optimism the Federal ...

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 ...

RBC Capital analyst Ryland Conrad raised the firm’s price target on Gildan Activewear (GIL) to $68 from $61 and keeps an Outperform rating on the ...

Gildan Activewear shares rose 11% to 74.90 Canadian dollars ($54.37) on its deal to acquire Hanesbrands for $2.2 billion, combining two makers of basic apparel from T-shirts to socks at a time the ...