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Hanesbrands Inc - HBI STOCK NEWS

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.

Overview of Hanesbrands Inc. (HBI)

Hanesbrands Inc. (NYSE: HBI) is a globally recognized manufacturer and marketer of everyday basic and activewear apparel. Headquartered in Winston-Salem, North Carolina, the company operates an extensive portfolio of iconic brands, including Hanes, Champion, Playtex, Bali, Maidenform, Bonds, Berlei, and Wonderbra. These brands cater to a diverse range of consumers across multiple demographics and geographic regions, making Hanesbrands a key player in the global apparel industry. The company’s operations span over 25 countries, with a significant presence in the Americas, Asia-Pacific, and Europe.

Business Model and Operations

Hanesbrands employs a vertically integrated business model, producing approximately 75% of its products in company-controlled facilities. This approach allows the company to maintain stringent quality control, optimize production costs, and respond swiftly to market demands. The company generates revenue through multiple channels, including wholesale distribution to discount, midmarket, and department stores, as well as direct-to-consumer sales via e-commerce platforms and retail outlets. Its product categories primarily include innerwear, activewear, and casualwear, catering to both individual consumers and institutional clients.

Market Position and Competitive Landscape

Positioned within the highly competitive apparel industry, Hanesbrands differentiates itself through its strong brand equity, extensive product portfolio, and operational efficiency. Its brands are household names in many markets, with products ranging from basic essentials like socks and underwear to performance-driven activewear. Key competitors include Fruit of the Loom, Gildan, and private-label offerings from major retailers. Hanesbrands’ ability to combine affordability with quality has helped it secure a loyal customer base, while its investments in e-commerce and digital marketing have enhanced its direct-to-consumer reach.

Sustainability and Ethical Practices

Hanesbrands integrates sustainability into its business operations, focusing on reducing environmental impact and contributing to social well-being. The company has implemented initiatives to achieve zero waste in its operations, transition to 100% renewable electricity by 2030, and use sustainably sourced cotton. Its proprietary manufacturing facilities utilize innovative technologies such as biomass-fired boilers and solar power to reduce greenhouse gas emissions. Additionally, Hanesbrands actively engages in community development through programs like Green for Good, which reinvests savings from recycling into health, education, and infrastructure projects.

Key Strengths and Challenges

Hanesbrands’ strengths lie in its vertically integrated supply chain, diverse brand portfolio, and global reach. These factors enable the company to maintain cost leadership while offering high-quality products. However, challenges such as fluctuating raw material costs, evolving consumer preferences, and intense competition in the apparel sector require continuous innovation and strategic adaptation. The company’s focus on sustainability and digital transformation positions it well to navigate these challenges and meet the demands of a dynamic market.

Conclusion

Hanesbrands Inc. is a cornerstone of the global apparel industry, known for its commitment to quality, affordability, and sustainability. Its vertically integrated operations, strong brand portfolio, and strategic market positioning underscore its significance in the competitive landscape. By balancing operational efficiency with a focus on ethical practices, Hanesbrands continues to deliver value to its customers and stakeholders worldwide.

Rhea-AI Summary
HanesBrands (HBI) appoints Richard Mcleod as VP, Chief Marketing Officer of global Champion, aiming to drive global brand strategy and omni-channel brand positioning. Mcleod brings extensive global brand management experience from Canada Goose and Foot Locker, focusing on community-led, digital-first brand building.
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Champion Athleticwear (Ticker: CHMP) announces its newest innovation: Eco Future Reverse Weave with CiCLO technology, a solution to reduce plastic textile fibers in the environment. The collection prioritizes environmental and community impact, featuring dyes with ingredients derived from nature and a patented science-based solution for synthetic textiles.
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Champion® Athleticwear (CHMP) announces Eco Future Reverse Weave with CiCLO® technology, addressing environmental impact with synthetic textiles. The collection reduces plastic textile fibers in the environment and features dyes derived from natural ingredients.
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DXC Technology (DXC) has signed a five-year contract with HanesBrands (HBI) to provide Modern Workplace solutions, utilizing ServiceNow and DXC UPTimeTM Device Management technologies. This partnership aims to digitalize the work experience of HanesBrands' global workforce, spanning 32 countries, to enhance productivity, connectivity, and efficiency. The new solution includes DXC UPTimeTM, an Experience Platform, and aims to generate significant annual savings for support services. HanesBrands' Chief Information Officer, Subra Goparaju, highlighted the importance of efficient global employee collaboration in achieving success, emphasizing the role of the latest digital platforms from DXC and ServiceNow in empowering associates to work together effectively and deliver maximum value for customers.
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HanesBrands (NYSE: HBI) appoints Colin Browne, Natasha Chand, and John Mehas as independent directors, strengthening the Board with retail and consumer brands experience. The Company also enters into a cooperation agreement with shareholder Barington, aiming to drive improved performance and pursue strategic initiatives, including evaluating alternatives for the global Champion business.
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HanesBrands Inc. (NYSE: HBI) announced Q3 2023 results, showing improvement in key performance metrics despite challenging sales environment. GAAP gross margin decreased 260 basis points, adjusted gross margin increased 100 basis points. Reduced inventory by 17% sequentially and 29% year-over-year. Generated $155 million cash flow from operations in the quarter and $287 million year-to-date. Reduced total debt by $144 million in the quarter and approximately $270 million year-to-date. Ended quarter with approximately $1.2 billion of liquidity. Company expects to exit the year with higher gross and operating margins, generate $500 million of full-year operating cash flow, and pay down more than $400 million of debt in 2023.
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HanesBrands announces details for its third-quarter 2023 investor conference call
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Maidenform launches new line of modern intimates named M
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HanesBrands extends apparel partnership with University of Cincinnati
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Hanesbrands to explore strategic options for global Champion business
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FAQ

What is the current stock price of Hanesbrands (HBI)?

The current stock price of Hanesbrands (HBI) is $5.98 as of March 5, 2025.

What is the market cap of Hanesbrands (HBI)?

The market cap of Hanesbrands (HBI) is approximately 2.1B.

What does Hanesbrands Inc. do?

Hanesbrands Inc. manufactures and markets everyday basic and activewear apparel under brands like Hanes, Champion, and Maidenform.

How does Hanesbrands generate revenue?

The company generates revenue through wholesale distribution, direct-to-consumer sales via e-commerce and retail stores, and licensing agreements.

What is Hanesbrands' competitive advantage?

Hanesbrands' vertically integrated supply chain, strong brand portfolio, and global reach provide cost efficiency and a competitive edge in the apparel market.

What sustainability initiatives does Hanesbrands have?

Hanesbrands focuses on zero waste, renewable energy, sustainably sourced cotton, and community development programs like Green for Good.

Who are Hanesbrands' main competitors?

Key competitors include Fruit of the Loom, Gildan, and private-label brands from major retailers.

What are Hanesbrands' primary product categories?

The company’s primary product categories include innerwear, activewear, and casualwear.

Where are Hanesbrands' products manufactured?

Approximately 75% of Hanesbrands' products are manufactured in company-controlled facilities across more than 25 countries.

What brands are owned by Hanesbrands?

Hanesbrands owns iconic brands such as Hanes, Champion, Playtex, Maidenform, Bali, Bonds, and Wonderbra.

What is Hanesbrands' approach to ethical practices?

Hanesbrands emphasizes ethical manufacturing, sustainability, and community engagement through programs like Green for Good.

What is Hanesbrands' market focus?

Hanesbrands targets a broad market, catering to everyday consumers with affordable basics and activewear, as well as premium segments through specific brands.
Hanesbrands Inc

NYSE:HBI

HBI Rankings

HBI Stock Data

2.07B
347.35M
1.15%
96.1%
11.97%
Apparel Manufacturing
Retail-apparel & Accessory Stores
Link
United States
WINSTON-SALEM