Source: TRIAD BUSINESS JOURNAL, 10/18/17

Winston-Salem-based Hanesbrands on Wednesday announced the acquisition of Norcross, Ga.-based Alternative Apparel, a marketer of “better apparel” basics, in an all-cash transaction valued at approximately $60 million. The deal is part of a string of acquisitions that Hanesbrands (NYSE: HBI) has completed over the past few years to generate cash flow and add to the firm's portfolio of brands including Hanes, Maidenform, Bali and Champion...

For more of this story, click here.