Local leaders hopeful as HanesBrands announces buyout

Winston-Salem officials are expressing cautious optimism following the announcement that HanesBrands will be acquired by Gildan Activewear, a Canadian clothing company.

HanesBrands has operated in the city for over a century. Still, the buyout didn’t come as a surprise to Winston-Salem Mayor Allen Joines.

“There’d been a lot of rumors floating around about a potential purchase over the years. Naturally, it’s a concern anytime one of your major employers is being bought, but the more I’ve learned about it, the more I believe we’re going to be okay,” Joines said…

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