Gildan’s synergy push aims to deliver value from HanesBrands deal

Gildan has moved into the next phase of integrating HanesBrands, shifting focus from the completed $2.2 billion acquisition to manufacturing and cost benefits.
It is consolidating production, reallocating HanesBrands volumes across its network and raising expected synergies.
The enlarged basic apparel group targets about $250 million in annual run-rate cost synergies by end-2028.Read More