Acquisition closed
Gildan acquires Hanesbrands and 11 other brands (2025)
Gildan completed the acquisition of Hanesbrands and 11 other brands on 1 December 2025.[1][2]
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.
Hanesbrands Inc. became Hanesbrands LLC, a Gildan subsidiary; its brands are recorded directly under Gildan with this deal, and no separate company edge is kept for the intermediate holding.
Deal facts
- Announced
- Not recorded
- Closed
- Value
- Undisclosed
- Buyer
- Gildan
- Seller
- public shareholders
- Assets
- Hanesbrands, Hanes, Bali, Maidenform, Playtex (apparel), Wonderbra, Just My Size, Comfortwash, Bonds, Bras N Things, Berlei (Australia, New Zealand and South Africa), Sheridan
- Regulatory review
- None recorded
Ownership changes recorded from this deal
| Owner | Owned | Relationship | Stake | From | To |
|---|---|---|---|---|---|
| Gildan | Hanes | owns | 100% | 2025-12-01 | present |
| Gildan | Bali | owns | 100% | 2025-12-01 | present |
| Gildan | Maidenform | owns | 100% | 2025-12-01 | present |
| Gildan | Playtex (apparel) | owns | 100% | 2025-12-01 | present |
| Gildan | Wonderbra | owns | 100% | 2025-12-01 | present |
| Gildan | Just My Size | owns | 100% | 2025-12-01 | present |
| Gildan | Comfortwash | owns | 100% | 2025-12-01 | present |
| Gildan | Bonds | owns | 100% | 2025-12-01 | present |
| Gildan | Bras N Things | owns | 100% | 2025-12-01 | present |
| Gildan | Berlei (Australia, New Zealand and South Africa) | owns | 100% | 2025-12-01 | present |
| Gildan | Sheridan | owns | 100% | 2025-12-01 | present |
Who owns these brands today?
- Hanes — owned by Gildan since 2025
- Bali — owned by Gildan since 2025
- Maidenform — owned by Gildan since 2025
- Playtex (apparel) — owned by Gildan since 2025
- Wonderbra — owned by Gildan since 2025
- Just My Size — owned by Gildan since 2025
- Comfortwash — owned by Gildan since 2025
- Bonds — owned by Gildan since 2025
- Bras N Things — owned by Gildan since 2025
- Berlei (Australia, New Zealand and South Africa) — owned by Gildan since 2025
- Sheridan — owned by Gildan since 2025
Sources (3) & 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.
- [1] Hanesbrands Inc. Form 8-K - completion of the merger with Gildan Activewear — SEC EDGAR, SEC Form 8-K, published 1 December 2025; retrieved 16 September 2026.
- [2] Hanesbrands Inc. Form 10-K for 2024 - brands, segments and intellectual property — SEC EDGAR, SEC Form 10-K, published 14 February 2025; retrieved 16 September 2026.
- [3] Gildan Activewear Inc. Annual Information Form for 2025 (Form 40-F Exhibit 99.3) - trademarks — SEC EDGAR, SEC filing; retrieved 16 September 2026.
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