Hanesbrands

Overview
News

Hanesbrands Inc. (NYSE: HBI) is a global consumer goods company with a portfolio of leading apparel brands, including Hanes, Champion, Playtex, Bali, Just My Size, barely there and Wonderbra. The company designs, manufactures, sources and sells a broad range of basic apparel such as t-shirts, bras, panties, men's underwear, kids' underwear, socks, hosiery, casualwear and activewear.

Hanesbrands' brands hold either the number one or number two US market position by sales in most product categories in which they compete. In fiscal 2005, the company generated USD 4.7 billion in net sales and USD 359.5 million in income from operations. Hanesbrands sells its products through multiple distribution channels, including mass merchants, national chains, department stores, and direct to consumer.

The company operates an extensive global supply chain which incorporates a mix of self-manufacturing, third-party contractors and third-party sourcing. Hanesbrands has approximately 50,000 employees worldwide, with significant manufacturing and production operations in Central America, the Caribbean Basin and Asia.

Hanesbrands focuses on the core attributes of comfort, fit and value in the apparel essentials industry, which is characterized by frequently replenished items. The company's largest brand, Hanes, is the top selling apparel brand in the US by units sold. Hanesbrands utilizes creative advertising campaigns and targeted celebrity endorsements to reinforce and enhance its strong brand awareness among consumers.

In 2024, Hanesbrands reported net sales of USD 3.35 billion for the thirty-nine weeks ended April 1, 2024. The company had total assets of USD 4.21 billion and total debt of approximately USD 2.58 billion as of April 1, 2024. Hanesbrands continues to focus on integrating its operations, optimizing its supply chain, increasing brand leadership, and leveraging retail relationships as part of its growth strategy.

HQ Location:
1000 East Hanes Mill Road Winston Salem NC USA
Founded year:
1901
Employees:
10,000+
Waste Recovery & Management Tech
Waste Recovery & Management Tech
Loading...
arrow
menuarrow
Click here to learn more
Get a demo

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.