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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 is evaluating strategic options for its global Champion business, including a potential sale or other strategic transaction. The company aims to maximize shareholder value and ensure long-term success for both Champion and HanesBrands. The evaluation process is ongoing, and no specific timetable has been set. Advisors Goldman Sachs & Co. LLC and Evercore are serving as financial advisors to HanesBrands.
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Champion Athleticwear launches new global brand campaign 'Champion What Moves You'
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HanesBrands and G-III Apparel Group have entered into a multi-year license agreement for outerwear production and distribution of Champion and C9 Champion brands in North America, with potential global opportunities. The partnership aims to expand Champion's consumer base and leverage G-III's expertise and distribution network. This could positively impact HanesBrands and G-III Apparel Group's stock prices.
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HanesBrands renews exclusive rights to Florida State fanwear in mass retail channel
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HanesBrands signs exclusive apparel partnership with Texas A&M University
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HanesBrands Inc. reports second-quarter results in line with outlook, reduces debt, and lowers inventory. Full Potential strategy gaining traction with new product innovation. Net sales decreased 5% compared to last year, with a decline in U.S. Activewear and slowdown in consumer spending in Australia. Gross profit declined 16% and gross margin declined 430 basis points. Adjusted SG&A expenses declined 6%. Operating profit and margin decreased from prior year. Loss from continuing operations in second-quarter 2023. Innerwear sales increased 3%, Activewear sales declined 19%, and International sales decreased 4%.
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Barington Capital Group, a shareholder of Hanesbrands Inc., has called for immediate actions to create long-term shareholder value. They believe Hanesbrands' poor response to market challenges, operating performance, and excessive debt burden have led to a 51.6% decline in share price. Barington recommends reducing costs and debt, reducing inventories, and improving gross margin recovery. They also question the ability of the current board and management team to lead the company.
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HanesBrands (NYSE: HBI) has announced details for its second-quarter 2023 investor conference call, scheduled for August 10, 2023. The company will also release its financial results for the quarter ended July 1, 2023. The conference call will include a webcast and a question-and-answer session. Replays of the call will be available online.
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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