Hanes

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Hanesbrands Inc. which is reaffirming its 2010 outlook for approximately $200 million in additional sales from net shelf-space gains, a 5 percent increase, yesterday completed a growth-focused debt refinancing that enables the company to simultaneously reduce leverage and consider acquisition opportunities.

The refinancing, which was positively received by the capital markets, gives the company much more flexibility in its use of excess cash flow, allows continued debt reduction, and provides a stable long-term capital structure with extended debt maturities at rates slightly lower than previous effective rates.

Hanesbrands Inc. (NYSE: HBI) today announced the pricing of its underwritten public offering of $500 million in aggregate principal amount of its 8 percent senior notes due December 15, 2016, at a public offering price of 98.686 percent of the principal amount. Hanesbrands will pay interest on the notes semiannually in arrears on December 15 and June 15 of each year, beginning on June 15, 2010. The notes will be fully and unconditionally guaranteed on a senior unsecured basis by substantially all of the company’s existing domestic subsidiaries and by certain of its future restricted subsidiaries.
The plain white underwear T-shirt, which for decades has been as comfortable as it is stylish in its simplicity, is making room for some color.
US Lacrosse is proud to announce a new partnership with Champion® Athleticwear. Champion has been selected by the sport’s national governing body as the “Official Performance Apparel of US Lacrosse.” Champion shares US Lacrosse’s commitment to the responsible development and growth of lacrosse across the country.

Hanesbrands Inc. to Announce Mount Everest Expedition; Partnership with International Mountaineer

WHAT:  

Hanesbrands Inc. and its Champion® Athleticwear brand will announce the official launch of Expedition Champion and their partnership with international mountaineer Jamie Clarke – a partnership in innovation, technology and determination to reach new heights with a Mt. Everest expedition in spring 2010.

WHY: The initiative is part of the company’s efforts to build its brands by:
  • Integrating unique innovations in fabric technology, garment design and sports science into apparel for the expedition team
  • Inspiring others to achieve their own “Everest” via consumer engagement program
WHEN AND WHERE:

When:

Wednesday, Sept. 23, 2009

10:30 a.m. EST

View it LIVE via

http://www.ustream.tv/channel/champion-web-event

Where:

North Carolina State University
College of Textiles

1000 Main Campus Drive

Rm. 2431

INTERVIEW OPPORTUNITIES: Featured speakers:
  • Mike Abbott, research and development, HBI
  • Jamie Clarke, International Mountaineer
  • Kevin Hall, EVP, GM - Outerwear
VISUAL OPPORTUNITES:
  • Four primary apparel layers (two base layers, one soft and one hard shell) that will be worn by the expedition team
  • Thermal imagery/examples of the apparel’s performance
ABOUT

JAMIE CLARKE:

Jamie Clarke, 42, has been taking part in expeditions for more than 20 years. He has covered the world’s seven highest peaks, crossed the Empty Quarter in Saudi Arabia and successfully summited Mount Everest in 1997.

Follow Jamie on Twitter @JC_Climbs. Additional information about Jamie can be found on www.jamieclarke.com

CONTACT:

Elizabeth Castro

(708) 358-1130 (office)

[email protected]

Hanesbrands Inc. (NYSE: HBI) today announced that it will cease making its own yarn because self-production doesn’t provide a strategic advantage and will source all of its yarn needs from large-scale yarn suppliers.
Hanesbrands Inc. (NYSE: HBI) today announced that it will host a live Internet audio webcast of its quarterly investor conference call at 4:30 p.m. EDT on Wednesday, July 29, 2009, to review results for the second quarter, which ended July 4, 2009.
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