Hanes was the cornerstone of Hanesbrands, which described it as more than 120 years old, the most widely recognised apparel brand in the United States and present in nine out of ten American households, across underwear, bras, socks, T-shirts, fleece and shapewear. Gildan Activewear gained it when it completed its acquisition of Hanesbrands on 1 December 2025, putting Hanes beside its own blank T-shirts.
Gildan Activewear acquired Hanesbrands, completing the merger on 1 December 2025; each Hanesbrands share was converted into 0.102 Gildan shares and $0.80 in cash. Gildan's annual information form lists the trademarks it gained as Hanes, Bonds, Bali, Maidenform, Sol y Oro, Sheridan, Bras N Things, Playtex, Wonderbra, Berlei, Comfortwash and JMS/Just My Size, and it classified the Australian business behind Bonds, Bras N Things, Berlei and Sheridan as a discontinued operation from the day it closed. Champion was not part of it: Hanesbrands had already sold that brand to Authentic Brands in 2024. Neither company's filing states a single total value for the transaction.
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Frequently asked questions
Who is the parent company of Hanes?
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The parent company of Hanes is Gildan, a publicly listed company headquartered in Canada.
Is Hanes American or Canadian?
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Hanes originated in the United States, but it is owned today by Gildan, which is headquartered in Canada. So Hanes is an American-origin brand under Canadian ownership.
When did Gildan buy Hanes?
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Gildan completed its acquisition of Hanes on 1 December 2025. The price was not disclosed.
Is Hanes still owned by Gildan?
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Yes. As of 16 September 2026, Hanes is still owned by Gildan. The ownership record was last checked against primary sources on that date.
Sources (4) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.