After officially inking a definitive agreement last week, Hanesbrands Inc. (NYSE:HBI) said that its shareholders are set to receive 0.102 shares of Gildan Activewear and $0.80 in cash for each HBI ...

Hurricane Erin is pelting parts of the Caribbean and is forecast to create dangerous surf and rip currents along the U.S.

Major U.S. equities indexes were little changed Monday morning, ahead of retail sector earnings reports and comments from ...

"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 is leaving town.

HanesBrands relocated its corporate headquarters to downtown Winston-Salem in February. The downtown office has a workforce ...

Skeptical of BLS data? Uncover sharp, offbeat ways to track the economy in 2025, from payrolls to Big Macs, no government ...

Paul Sweeney harnesses the power of Bloomberg Intelligence to analyze market news and provide in-depth company and industry research.

The Labor Department reported that its producer price index was up 0.9% last month from June and 3.3% from a year earlier.

Weekly applications for jobless benefits are seen as a proxy for U.S. layoffs and have mostly settled in a historically ...

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 ...