Gildan Activewear completes acquisition of HanesBrands to expand global scale

Gildan Activewear has finalised its acquisition of HanesBrands, marking a significant step in the company’s global expansion across activewear and innerwear markets. Completed on 1 December 2025, the deal enhances Gildan’s scale and strengthens its competitive position in key international markets.

Glenn J. Chamandy, Gildan’s President and CEO, described the transaction as transformative, uniting two portfolios of widely recognised brands under Gildan’s vertically integrated, low-cost manufacturing model. The combined organisation is positioned as a “powerful engine for innovation and growth,” aiming to improve customer service while delivering long-term shareholder value.

In the near term, Gildan is prioritising a seamless integration of HanesBrands’ operations. The company expects to achieve at least US$200 million in run-rate cost synergies through supply chain consolidation, optimised production networks and greater efficiencies across regional operations, consistent with targets outlined when the deal was announced in August 2025.

Gildan ranks among the world’s largest producers of everyday apparel, supplying activewear, underwear, socks and intimates to retailers, wholesalers, screenprinters and e-commerce channels. Its extensive brand portfolio now includes Gildan, Hanes, Comfort Colors, American Apparel, AllPro, GoldToe, Peds, Bali, Playtex, Maidenform, Bonds and Champion, the latter under an exclusive printwear licence in the United States and Canada.

With vertically integrated facilities spanning Central America, the Caribbean, North America and Asia, Gildan emphasises its commitment to labour standards, environmental stewardship and governance as part of its long-term ESG strategy.

The acquisition positions Gildan to leverage operational scale, streamline its global supply chain and expand market reach across its combined apparel portfolio.

Discover how Gildan is reshaping the global activewear and innerwear market through this strategic acquisition.