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Winston-Salem’s Hanesbrands on verge of $5 billion sale

Winston-Salem’s Hanesbrands on verge of $5 billion sale: Financial Times

An international clothing company based in Winston-Salem is on the verge of being sold for $5 billion, according to the Financial Times. Gildan Activewear, a Canadian-based clothing manufacturer, is nearing a deal to acquire Hanesbrands for $5 billion.

Winston-Salem Journal · 1d

HanesBrands sale may symbolize end of corporate headquarters era in Winston-Salem

The local community will have to cross its fingers that Gildan Activewear Inc., with a major operational presence in Eden, Mocksville and Salisbury, will opt to convert HanesBrands Inc.'s headquarters

WXII 12 News on MSN · 2d

Hanesbrands headquarters in Winston-Salem could see changes with Gildan merger

One local economics professor said HanesBrands headquarters may remain in Winston-Salem, but added "I don't think textile manufacturing is coming back to the United States.

Local leaders hopeful as HanesBrands announces buyout

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

1don MSN

NC to lose Hanesbrands HQ in $4.4B merger

Gildan Activewear Inc. and Hanesbrands Inc. have agreed to a merger valued at about $4.4 billion, the companies have ...

GlobalData on MSN1d

Canada’s Gildan to acquire US apparel brand HanesBrands for $4.4bn

The transaction, subject to shareholder and regulatory approvals, is expected to close between late 2025 and early 2026.

2d

Gildan to acquire Hanesbrands in $4.4B deal, creating apparel powerhouse and ending era in Winston-Salem

The merger of two apparel giants promises to reshape the industry landscape, with significant implications for jobs and ...

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