HanesBrands has swung to a first quarter profit as margins improved on improved cotton cost and product pricing environment.
Hanesbrands to expand Woolwine fabric plant
November 20, 2012 by Leave a Comment
Hanesbrands has revealed plans to double production at its Woolwine, Va factory by adding new knitting machines.
Hanes names CFO, joint COOs
October 5, 2011 by Leave a Comment
HanesBrands has promoted Richard D. Moss to chief financial officer and Gerald Evans Jr. and William Nictakis to co-COO.
Price increases help HanesBrands top Q2 forecasts
July 20, 2011 by Leave a Comment
Strong growth in its outerwear and international business has helped HanesBrands to a 1.6% rise in second quarter profit, with product price rises helping the T-shirt and underwear maker offset higher input costs. The Winston-Salem, North Carolina base…
HanesBrands buys Australian activewear supplier
May 5, 2011 by Leave a Comment
Basic apparel maker HanesBrands is expanding the reach of its Champion activewear brand in the eastern hemisphere after buying TNF Group Pty Ltd, a major activewear supplier serving leading Australian sportswear retailers, for US$9m.
TNF already sells …
Hanesbrands lifts FY guidance on strong Q1
April 21, 2011 by Leave a Comment
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
April 13, 2011 by Leave a Comment
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 [...]
