Hanes

Welcome to the Hanes Brands section of the Fashion Newspaper.  In this section you can read Hanes news and learn more about Hanes.

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The deal would add brands like Maidenform, Flexees and Self Expressions to the Hanesbrand roster that includes Playtex, Bali, Champion, Wonderbra and its namesake Hanes.

Hanes®, the company that introduced Tagless undershirts to the market in 2002, has gone Tagless once again – this time across all lines of its men’s underwear bottoms. America’s No. 1 men’s underwear brand launched a new marketing campaign to support the new Tagless underwear, including new television advertising spots on high-profile entertainment and sports programming.

Hanes® today announced a new Facebook application to share comfort with those who need it most.  Fans of Hanes on Facebook can personalize and send free virtual Comfort Packages to friends and family via a digital tool on the Hanes Facebook page.  For each package sent, Hanes will donate $1 to the National Breast Cancer Foundation, Inc.  To promote early cancer detection and provide mammograms for those in need.
 

Third-Quarter Net Sales Increased by 10.8%, the Third Consecutive Quarter of Accelerated Growth; EPS Increased by 47%

Company Discusses Macro Factors for 2011, Including Product Pricing Strategy

Hanesbrands Inc. (NYSE: HBI) yesterday reported its third consecutive quarter of strong growth with third-quarter 2010 net sales increasing 10.8 percent and diluted earnings per share increasing 47 percent to $0.63, up from $0.43 a year ago.

“We are pleased with delivering continued strong growth in 2010”

Earnings growth in the quarter was propelled by the third consecutive quarter of accelerated sales growth and lower restructuring, which overcame a higher income tax rate. Strong sales growth in the company’s three largest business segments – Innerwear, Outerwear and International – drove a net sales increase of $115 million to $1.17 billion. Net sales in the year-ago quarter were $1.06 billion.

Second-Quarter Net Sales Increased by 9.1% and Earnings Per Share More Than Doubled

Company Raises 2010 Net Sales and EPS Guidance

Hanesbrands Inc. (NYSE: HBI) today raised its 2010 sales and earnings guidance after reporting that second-quarter 2010 net sales increased 9.1 percent and diluted earnings per share increased by $0.55 to $0.87, up from $0.32 a year ago.

“We continued our strong start in 2010”

Hanesbrands Inc. (NYSE: HBI) said this week that China’s decision to allow fluctuation of the Renminbi/yuan currency value will not have a material effect on company performance and will not alter the company’s global supply chain advantages, including its East Asia manufacturing hub.

“The competitiveness of our balanced global supply chain is a key pillar to our growth strategy”

Currency fluctuation is just one of many variables the company continually manages around the world, including commodity costs, labor inflation, trade laws, and product sourcing. Last week, China announced that it would reform its Renminbi exchange rate regime and increase exchange rate fluctuation flexibility.

International Mountaineer Jamie Clarke and Climbing Team Successfully Summit the World’s Highest Peak During Expedition to Test Innovative Champion and Duofold Apparel and Inspire Others to Set Ambitious Goals

Expedition Hanesbrands’ Mount Everest climbing team, led by international mountaineer Jamie Clarke, reached the 29,035-foot summit of the world’s highest peak this morning, celebrating a 30-month endeavor to design and test innovative apparel and inspire others to achieve their own self-defined summits.

“Top of the world, baby, woo hoo!”

“I want to welcome 45,000 Hanesbrands employees to the top of the world,” Clarke radioed to Mount Everest base camp. “Top of the world, baby, woo hoo!”

Research and Markets has announced the addition of the "Financial Analysis - Hanesbrands " company profile to their offering.

Business scenario in todays context - niche opportunities, limited time periods, ever increasing risk and the need for precise decision making, which if not done correctly would run the costs in million even before brakes are exercised. That is the speed of business in todays high octane economies which are constantly metamorphosing into global empires of influence.

Hanesbrands Inc., Parent Company of America's No. 1 Apparel Brand, Named an EPA ENERGY STAR(R) 2010 Partner of the Year

Hanes today announced a new national environmental advertising campaign, titled "For Future Generations." The ad, which will begin airing during the week of April 5, takes a lighthearted approach to the brand's environmental responsibility efforts, including eco-friendly products.

Hanes is also proud to debut a new consumer Web site where visitors can learn more about the brand's environmental responsibility effort and watch the "Future Generations" ad. The Hanes green Web site will also offer information and ideas for how consumers can take small steps toward making more responsible environmental decisions.

Hanes has always been committed to providing superior comfort and the brand hopes that its consumers will take comfort in the fact that Hanes is
doing its part for the environment.

Hanesbrands Inc. to Present at Bank of America Merrill Lynch 2010 Consumer Conference on March 10, 2010

Hanesbrands Inc. (NYSE: HBI) announced recently that Executive Vice President and Chief Financial Officer E. Lee Wyatt will make a presentation at the Bank of America Merrill Lynch 2010 Consumer Conference in New York on Wednesday, March 10, 2010.

Hanesbrands’ presentation will be webcast live via the Internet from 4:20 to 5 p.m. The live presentation, and an archived file after the presentation, may be accessed in the investors section of the Hanesbrands corporate Web site, www.hanesbrands.com.

Wyatt and Hanesbrands Senior Vice President of Finance and Treasurer Rick Moss will also participate in the Goldman Sachs Consumer/Retail Leveraged Finance Conference on Tuesday, March 9, 2010, in New York, and at the Barclays Capital 2010 High Yield Bond and Syndicated Loan Conference on March 25, 2010, in Phoenix.

Hanesbrands Inc. (NYSE: HBI) today announced that it could double diluted earnings per share over the next three to four years based on expectations for 2010 net sales growth of 5 percent to 8 percent and earnings per share growth of 25 percent to 35 percent coupled with long-term annual growth targets.

“Hanesbrands is at an inflection point to begin realizing its significant growth potential”

Management will discuss its growth expectations and targets along with sales, marketing and supply-chain initiatives at an investor meeting to be held at 9 a.m. EST today at the Jumeirah Essex House in New York City. The meeting, which will end by noon, will also be webcast on the Internet, accessible at www.hanesbrands.com.

Hanesbrands Inc. (NYSE:HBI) yesterday announced that it will host a live Internet webcast of its New York investor day meeting from 9 a.m. to no later than noon EST Tuesday, Feb. 23, 2010.

The live Internet broadcast may be accessed from the home page or the investors section of the Hanesbrands corporate Web site, www.hanesbrands.com.

Two Port-au-Prince Contract Sewing Operations Have Resumed Production with Full Employment

Hanesbrands Inc. (NYSE: HBI) today announced that it has secured 2,000 tents to donate to employees of its contract sewing operations in Haiti as part of the company’s efforts to help feed, clothe, shelter and employ thousands of earthquake victims.

“We appreciate the generosity of Seaboard Marine for stepping up to donate the ocean shipping of the tents to the families in need.”

The family-sized tents, purchased for $250,000, are in transit to the port of Miami and are expected to arrive in Haiti late next week for distribution to the families of employees in need in Port-au-Prince.

Hanesbrands Inc. (NYSE: HBI), one of the world’s largest apparel essentials companies, yesterday reported results for the fourth-quarter and full-year 2009, a year in which the company managed through the recession and created strong momentum for growth in 2010.

“We are fully focused on leveraging the growth platform that we have built. With our strong brands and our low-cost global supply chain, we are in a great position to expand market share in all of our key geographies.”

The company reaffirmed that it expects sales growth of approximately 5 percent in 2010, led by significant shelf-space and distribution gains, and expects free cash flow generation of $300 million or more.

Hanesbrands Inc. (NYSE: HBI) recently announced that production has resumed at its Haitian contract sewing operations affected by the Jan. 12 earthquake, putting hundreds of employees back to work as the country tries to rebuild its economy.

“We are very thankful that our major contract partners have the wherewithal to resume production, providing critical jobs for employees who are seeking to recover from the aftermath of the earthquake”

Champion Athletic Apparel has unveiled its final prototype of its Champion Supersuit that will be the thinnest extreme-weather apparel gear ever designed and tested at high altitude on Mount Everest.



“Our expertise and relationships in the textile science industry allowed us to find a material that no one else was using”

The Champion Supersuit insulation is just 3 millimeters thick, compared with a typical goose-down jacket thickness of 40 millimeters, and uses a nanotechnology insulation layer and a proprietary radiant warmth system. The result is a breakthrough ultrathin cold-weather garment that is no thicker than a typical computer mouse pad but provides equal insulating properties, greater mobility, and superior wind resistance than typical extreme weather gear.

Hanes Online Virtual Sock Drive

Hanes® recently announced that it will donate up to 100,000 pair of socks to the less fortunate this holiday season - one pair of comfortablereal socks for every virtual pair of socks that social networkers send to friends.

Starting today,
Hanes Facebook page visitors may select a predesigned pair of Hanes socks that can be virtually sent to a friend. For each virtual pair of socks sent, Hanes® will donate one actual pair of socks to the United Way, one of Hanes' longtime charitable partners.

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