The Intimate Apparel Trade Magazine For The U.S. And Canada
 

Hanes CoolDRI Women’s Crop Tank with Built-in Shelf Bra, 3-Pack. $34; and Women’s Comfywear Pajama Set, $24.99, currently on the Hanes website. Gildan lost $50 million on sales of 1.5825 billion in the second quarter, compared to a profit of $137.9 million on sales of $918.5 million in Q2 2025, before it acquired Hanes later that year. As it announced the Q2 results, Gildan revealed that it reached agreement to sell a variety of Australian assets to Brett Blundy (see separate

A current image from the Bras N Things website. Gildan announced it is selling its HanesBrands Australian Business to Australian billionaire Brett Blundy for an enterprise valuation of approximately $700 million Australian dollars (AUD, about $490 million at current exchange rates). The entity includes the underwear and apparel brand Bonds; the intimates brand Berlei; the Bras N Things chain of stores; and Sheridan, a homewares and bed linens business. Blundy had sold Bras N

Maurice Reznik, a leading industry figure, has died at 72. His career spanned over 40 years, during which he worked for many prominent brands. The cause was brain cancer. Reznik worked at VF Corp. and Sara Lee, and was president of Warnaco’s intimate apparel group before leaving in 1997 to join Maidenform as president. Rising to CEO of Maidenform by 2008, he was instrumental in achieving the company’s sale to Hanes in 2013. Later, in 2015, he joined Delta Galil as the CEO of