Gildan To Acquire HanesBrands

Retail
Written By Rick Watson

Gildan Activewear is a large, vertically integrated Canadian manufacturer of basic apparel, specializing in undecorated activewear like t-shirts and fleece, as well as underwear and socks.

Apparel brand Gildan Activewear will acquire Hanesbrands. The merger transaction implies an equity value of approximately $2.2 billion and an enterprise value of approximately $4.4 billion for HanesBrands.

Gildan: Gildan and HanesBrands Agree to Combine To Create a Global Basic Apparel Leader

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
Previous

Confido Raises $20M to Build AI Operating System for CPG Brands
Next

Frasers Group Acquires eBuyer Out of Administration