Gildan completes acquisition of HanesBrands

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Gildan Completes the Acquisition of HanesBrands

December 1, 2025 9:20 AM EST

(all amounts are in U.S. dollars except where otherwise indicated)

MONTREAL, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (Gildan or the Company) announced today that it has completed the previously announced acquisition of HanesBrands Inc. (HanesBrands), creating a global apparel leader.

Today marks the beginning of an exciting new chapter. By welcoming HanesBrands into the Gildan family, we are doubling our scale, combining iconic brands with our world-class, low-cost, vertically integrated platform, and unlocking a powerful engine for innovation and growth. Together, our complementary strengths in activewear and... More