Gildan sees growth opportunities with HanesBrands acquisition – starting with better underwear [Globe and Mail, The (Toronto, Canada)]
Gildan Activewear, Inc. Class A Sub. Vot. (GIL)
Last gildan activewear, inc. class a sub. vot. earnings: 4/29 04:15 pm
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Source: Globe and Mail, The
Christinne Muschi/The Canadian Press The deal, first announced in August, combines two of the world's biggest producers of basic apparel. Montreal-based Gildan is perhaps best known as a maker of blank, customizable T-shirts and fleece sweatshirts for wholesalers, while U.S.-based Hanes has built its name over a century in underwear and undershirts sold in stores. “Consumers today are happy with the Hanes brand. I would say consumers of the future are going to be much happier,” Mr. Chamandy said in an interview Monday, adding that Gildan could introduce better fabrics, better construction and better packaging to Hanes innerwear. “They've got a great name but they've probably underinvested in terms of what the consumer is getting for the value of the product,” he said. “That's the area that we're going to focus on the most right away … to really innovate and elevate the product portfolio.” Gildan Activewear reports profit down, revenue up from year ago Men's underwear in part
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News
- Gildan completes HanesBrands acquisition, doubling its scale [Yahoo! Finance Canada]Yahoo! Finance Canada
- Gildan Completes the Acquisition of HanesBrandsGlobeNewswire
- Should You Be Impressed By Gildan Activewear Inc.'s (TSE:GIL) ROE? [Yahoo! Finance]Yahoo! Finance
- Gildan Activewear (NYSE:GIL) (TSE:GIL) was upgraded by analysts at Zacks Research from a "hold" rating to a "strong-buy" rating.MarketBeat
- Shareholders agree to terms of Gildan Activewear's purchase of HanesBrands [BNN Bloomberg (Canada)]BNN Bloomberg
GIL
Earnings
- 10/29/25 - Beat
GIL
Sec Filings
- 12/5/25 - Form 6-K
- 12/3/25 - Form 144
- 12/2/25 - Form 6-K
- GIL's page on the SEC website