HanesBrands Acquires Knights Apparel

HanesBrands says it has completed its acquisition of Knights Apparel, a maker of licensed collegiate logo apparel for mass retailers.

HanesBrands’ Q3 Up 17%, Raises Guidance


HanesBrands is raising its FY guidance for the third time, “despite a continued environment of restrained consumer spending.”

Hanes names CFO, joint COOs


HanesBrands has promoted Richard D. Moss to chief financial officer and Gerald Evans Jr. and William Nictakis to co-COO.

Hanesbrands lifts FY guidance on strong Q1


WINSTON-SALEM, N.C.—Hanesbrands is raising its full-year guidance after reporting a strong first quarter. Diluted earnings per share for Q1 were up 32 percent to 49 cents. Net sales rose 12 percent to $1.04 billion. Hanesbrands credited its Gear For Sports business (acquired last November) and growth in international business and organic outerwear. The company’s FY […]

Hanesbrands looks to flax as cotton alternative


WINSTON-SALEM, N.C.—Hanesbrands, the cotton underwear and basics giant, is seeking cotton alternatives as prices rise, according to a report in the Wall Street Journal. That search has led the company to flax and a 12-year-old Vancouver-based company called Naturally Advanced Technologies (NAT). Hanesbrands signed a 10-year deal with NAT to commercialize the company’s proprietary Crailar […]