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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

HanesBrands Inc is a socially responsible and vertically integrated apparel manufacturer and marketer, renowned for producing everyday basic and athletic wear under an array of globally recognized brands. Operating in a competitive apparel market, the company strategically leverages its extensive portfolio—ranging from innerwear and activewear to intimate and sports apparel—to address the daily needs of consumers worldwide. With deep expertise in both design and manufacturing, HanesBrands excels in maintaining quality control by producing a significant portion of its products in company-operated facilities across multiple countries.

Core Business Areas and Operations

The company’s business model centers on a robust supply chain that integrates production, distribution, and marketing. HanesBrands mints value by selling its products through diverse channels—including wholesale to discount, midmarket, and department store retailers, as well as direct-to-consumer avenues such as e-commerce and physical stores. This vertical integration facilitates not only stringent quality standards but also significant cost efficiencies. The presence of numerous iconic brands in its portfolio underscores its commitment to customer loyalty and market presence, while its operations remain resilient and evergreen in nature.

Brand Portfolio and Market Significance

HanesBrands Inc is home to a variety of established names in the apparel industry, delivering products that include innerwear, sportswear, and intimate apparel. Its diversified brand portfolio reflects a deep-rooted historical legacy combined with modern operational expertise. Each brand embodies a unique value proposition tailored to meet varying consumer preferences—from performance-driven athletic wear to comfortable basic garments for everyday use.

Operational Excellence and Global Distribution

Operational excellence is a cornerstone of HanesBrands' long-standing tradition. With a significant proportion of its apparel manufactured in company-controlled factories located in over three dozen nations, the company exhibits strong supply chain oversight and agile production capabilities. This extensive network positions HanesBrands as a major player capable of adapting to market demands, thereby establishing a reliable supply chain that serves both the Americas and Asia-Pacific regions comprehensively.

Industry Context and Competitive Edge

In a fluctuating global market, HanesBrands maintains its competitive edge through a commitment to quality, efficiency, and operational control. The company’s integrated manufacturing strategy minimizes reliance on third-party production, thus ensuring consistent product quality while reducing risks associated with supply chain fluctuations. Additionally, its diverse distribution channels and enduring brand strength enable it to effectively navigate a competitive landscape dominated by both legacy players and emerging challengers.

Commitment to Ethical Operations and Community Impact

Beyond its commercial pursuits, HanesBrands exemplifies ethical business practices by fostering a culture of integrity and commitment to societal welfare. The company’s efforts in corporate responsibility are evident in its sustainable practices and community-focused initiatives—highlighting a balanced approach that combines business efficiency with a focus on social impact. This balanced strategy not only elevates its market reputation but also builds long-term trust with its diverse stakeholder base.

Conclusion

Through its innovative manufacturing methods, comprehensive brand portfolio, and robust global distribution network, HanesBrands Inc continues to set benchmarks in the apparel industry. By aligning operational excellence with ethical business practices, the company remains a pivotal force in delivering everyday apparel essentials across the world. Its ability to integrate production, quality control, and market reach establishes HanesBrands as a stalwart in a dynamic and ever-evolving industry.

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HanesBrands (HBI) extends exclusive rights partnership with Georgia Tech in the mass retail channel, giving them exclusive rights to Georgia Tech fanwear. The multiyear extension includes a partnership with over two dozen elite schools and a dozen leading universities.
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HanesBrands (HBI) has been running a successful back-to-school program in the Dominican Republic since 2007, delivering school kits to over 135,000 students. In 2023 alone, the program helped more than 11,000 children, with nearly 4,700 children in Santo Domingo and Bonao, and over 6,600 children of HanesBrands' associates receiving school kits. The initiative aims to provide essential school supplies to students between the ages of 3 and 18, contributing to a positive student experience and reducing school dropout rates. Freddy Vanderpool, senior manager of human resources at HanesBrands Dominican Republic, highlighted the program's focus on values education, including environmental responsibility.
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HanesBrands (NYSE: HBI) has announced the appointment of William S. Simon as Chairman of the Board, effective December 31, 2023, succeeding Ronald L. Nelson. Cheryl K. Beebe and Ann E. Ziegler will also retire, returning the Board size to 10 members. The changes follow the appointment of three new independent directors last month. HanesBrands' CEO, Steve Bratspies, expressed gratitude for the outgoing members' contributions and looks forward to working with Bill in his new role as Chairman.
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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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FAQ

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

The current stock price of Hanesbrands (HBI) is $4.4 as of April 18, 2025.

What is the market cap of Hanesbrands (HBI)?

The market cap of Hanesbrands (HBI) is approximately 1.6B.

What is the core business of HanesBrands Inc?

HanesBrands Inc is a manufacturer and marketer of basic and athletic apparel, producing a range of products under its iconic brand portfolio. The company focuses on vertical integration, ensuring quality control through company-operated facilities.

How does HanesBrands Inc generate revenue?

The company generates revenue through a diversified business model that includes wholesale distribution to retailers and direct-to-consumer sales via physical stores and e-commerce platforms. Its vertically integrated operations enhance overall cost efficiency and quality management.

What types of products does HanesBrands Inc offer?

HanesBrands offers a variety of apparel products, including innerwear, active and athletic wear, and intimate apparel. Its diverse product range caters to everyday basics and performance-driven needs across various consumer markets.

How is HanesBrands Inc structured to maintain quality control?

The company maintains quality control through a vertically integrated manufacturing process, with a significant portion of its products produced in company-operated facilities across multiple countries. This enables strict oversight from production to distribution.

In which regions does HanesBrands Inc operate?

HanesBrands operates globally, with a strong presence in the Americas and Asia-Pacific regions. Its extensive manufacturing and distribution network allows the company to serve a wide range of markets efficiently.

How does HanesBrands Inc differentiate itself from competitors?

HanesBrands differentiates itself through its commitment to vertical integration, operational efficiency, and a diverse portfolio of established brands. This integrated approach not only ensures high quality but also helps it respond effectively to changing market demands.

What role does sustainability play in HanesBrands Inc's operations?

Sustainability is integrated into the company’s ethos and operational model, with efforts to reduce environmental impacts and engage in community initiatives. Although its primary focus is on producing quality apparel, ethical manufacturing and community support are important factors in its strategy.

Can you explain HanesBrands Inc's distribution strategy?

HanesBrands employs a multi-channel distribution strategy that includes wholesale to various retail segments as well as direct consumer sales through physical retail and digital platforms. This broad approach helps the company reach diverse consumer bases and markets globally.
Hanesbrands Inc

NYSE:HBI

HBI Rankings

HBI Stock Data

1.55B
347.12M
1.37%
98.34%
8.82%
Apparel Manufacturing
Retail-apparel & Accessory Stores
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United States
WINSTON-SALEM