HanesBrands Inc. (NYSE: HBI) is a clothing company based in Winston-Salem, North Carolina which employs 50,000 people internationally. [1] On September 6, 2006 they were spun off by the Sara Lee Corporation.
HanesBrands owns several clothing brands, which are Hanes (its largest brand), Champion (its second largest brand), Playtex (its third largest brand), Bali, Just My Size, Barely There, Wonderbra, L'eggs, C9 by Champion, Duofold, Beefy-T, Outer Banks, Sol y Oro, Rinbros, Zorba and Ritmo.
HanesBrands also operates and owns around 250 L'eggs Hanes Bali Playtex Factory Outlets or HanesBrands Stores across the US. They are a chain of outlet stores that offer good discounts. HanesBrands Flagship store is located in Winston-Salem, North Carolina, and opened in summer 2008. This store is the largest store and offers all of HanesBrands brands.
HanesBrands has companies in various parts of Europe and Eastern Europe, including the United Kingdom, Italy, Germany, France and Spain.
HanesBrands posted a gross profit of $1.44 million for fiscal year ending December 27, 2007,up from a gross profit of $720 million for 2006. Sales revenue for 2007 was $4.4 Billion, up from $2.2 Billion in 2006 (source: Hanesbrands.com)
HanesBrands has been recognized for work that it has done for the environment, including "green" buildings. [2] They have also been recognized for the work they has done in communities, such as the support of schools in Honduras.[citation needed]
The company's two main competitors are Fruit of the Loom and Jockey International.
References
- 2 Augstums, Ieva (2006-12-26). "Pantyhose makers suffering sales snag". Toronto Star. http://www.thestar.com/business/article/164552. Retrieved on 2007-01-03.
