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Gildan Activewear completes HanesBrands acquisition

PUBLIC · GILFeb 26, 2026

Acquiring Company

Gildan Activewear

Acquired Company

HanesBrands

Winston-SalemManufacturingE CommerceFashionRetailE CommerceFashionRetailRetail Technology

Description

Gildan Activewear Inc. has finalized the acquisition of HanesBrands Inc. on December 1, 2025. This strategic move positions Gildan as a global leader in the basic apparel market, with integration efforts already underway. The company anticipates significant cost synergies as it moves forward with its integration plans.

Quick answer

Gildan Activewear is acquiring HanesBrands, announced February 26, 2026.

How much did Gildan Activewear pay for HanesBrands?
The deal value was not disclosed.
What does Gildan Activewear do?
Gildan is a leading manufacturer of everyday basic apparel.
Where are Gildan Activewear and HanesBrands based?
HanesBrands is based in Winston-Salem, North Carolina, United States.
Who are the decision-makers at Gildan Activewear?
Fundz holds 2 contacts at Gildan Activewear. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in E Commerce and Fashion

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Gildan Activewear

About

Gildan is a leading manufacturer of everyday basic apparel. The Company’s product offering includes activewear, underwear and socks, sold to a broad range of customers, including wholesale distributors, screenprinters or embellishers, as well as to retailers that sell to consumers through their physical stores and/or e-commerce platforms and to global lifestyle brand companies. The Company markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan®, American Apparel®, Comfort Colors®, GOLDTOE®, Peds®, in addition to the Under Armour® brand through a sock licensing agreement providing exclusive distribution rights in the United States and Canada. Gildan owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America, and Bangladesh. Gildan operates with a strong commitment to industry-leading labour, environmental and governance practices throughout its supply chain in accordance with its comprehensive ESG program embedded in the Company's long-term business strategy. More information about the Company and its ESG practices and initiatives can be found at www.gildancorp.com.

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Frequently asked

Who acquired HanesBrands?

HanesBrands was acquired by Gildan Activewear. The deal was reported on February 26, 2026. Gildan is a leading manufacturer of everyday basic apparel. Gildan Activewear is publicly traded (GIL) and operates in Manufacturing.

When did Gildan Activewear acquire HanesBrands?

Gildan Activewear's acquisition of HanesBrands was reported on February 26, 2026. Gildan Activewear Inc. has finalized the acquisition of HanesBrands Inc. on December 1, 2025. This strategic move positions Gildan as a global leader in the basic apparel market, with integration efforts already underway. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does HanesBrands do?

HanesBrands (NYSE: HBI) makes everyday apparel that is known and loved by consumers around the world for comfort, quality and value. It is privately held, operating in E Commerce, and is based in Winston-Salem.

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