Welcome to our dedicated page for Hanesbrands news (Ticker: HBI), a resource for investors and traders seeking the latest updates and insights on Hanesbrands stock.
HanesBrands Inc. (HBI) delivers essential apparel solutions through iconic brands like Hanes and Champion. This news hub provides investors and industry professionals with timely updates on corporate developments shaping the global apparel sector.
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HanesBrands (NYSE: HBI) celebrates a significant legal victory after the Nanjing Intermediate People’s Court ruled in its favor in a trademark infringement case involving the Champion brand in China. The court mandated six defendants to stop producing counterfeit Champion products and to pay over $600,000 in fines. Jon Ram, president of global activewear, emphasized the company's commitment to defending its intellectual property both in China and globally.
HanesBrands (NYSE: HBI) has appointed Tanya Deans as president of Hanes Australasia, effective February 8, 2021, succeeding David Bortolussi. Deans, previously group general manager at Bras N Things, has over 25 years at Hanes Australasia in leadership roles. She will oversee 4,400 associates and manage iconic brands like Bonds and Champion, along with a growing e-commerce sector and over 450 stores. CEO Steve Bratspies praised her leadership skills and vision for future growth, emphasizing a commitment to sustainability.
HanesBrands (NYSE: HBI) has appointed Cheryl K. Beebe to its Board of Directors, expanding the board to nine members. Beebe brings over 30 years of experience from Ingredion, where she served as CFO and executive vice president. Her term will last until the 2021 annual meeting of stockholders. She will contribute financial expertise, especially in global strategy, as the company aims for long-term growth centered on consumer needs. Beebe's credentials include leadership roles and board memberships, enhancing HanesBrands' strategic direction.
Hanes is taking action to support America’s homeless population during the COVID-19 pandemic, highlighting the need for community involvement ahead of #GivingTuesday. The company has donated over 1 million masks and nearly 300,000 pairs of socks to various organizations across all states, including Washington, D.C., and Puerto Rico. Additionally, Hanes has partnered with Rainier Fruit Company for the ‘Pears for Pairs’ initiative and continues its long-standing collaboration with Invisible People to raise awareness on homelessness. The situation is dire, with fewer shelter resources available as winter approaches.
The Drone Racing League (DRL) announced new partnerships with BODYARMOR, Champion Athleticwear, and RESPAWN for the 2020 DRL Allianz World Championship Season. These partnerships aim to engage fans through product placements and unique content. BODYARMOR's entry into esports marks a significant milestone, while Champion will launch a limited-edition DRL merchandise line. The season continues airing live on November 22 on NBC, Twitter, and Facebook, enhancing DRL's visibility and appeal within the sports industry.
Hanes, America's leading basic apparel brand, is partnering with Macy's for the 94th Annual Thanksgiving Day Parade as the 'Official Smile' of the event. Hanes will provide thousands of vibrant, co-branded face masks for participants and volunteers, promoting safety while celebrating the holiday. This initiative aligns with Hanes' ongoing efforts to support mask-wearing during the pandemic, including their #MaskAround campaign and donations of 1 million masks to those in need. The brand is also launching an Instagram giveaway on Nov. 17 to engage its audience.
HanesBrands (NYSE: HBI) has appointed Greg Hall as chief consumer officer, effective Nov. 16, 2020. CEO Steve Bratspies emphasized the company's focus on consumer-centric strategies. Hall, previously senior VP of private brands at Walmart, achieved double-digit growth in private brand groceries and held key marketing roles. He will oversee U.S. marketing, e-commerce, and global brand strategies, particularly for Hanes and Champion. This leadership move aims to enhance consumer engagement and drive growth for the company.
