Articles from HanesBrands

HanesBrands (NYSEHBI) today announced that it has successfully priced its senior secured term loan B facility in an aggregate principal amount of $1.1 billion (the “Term Loan B”) to replace the Company’s existing $300 million Term Loan B due 2030 (the “Existing Term Loan B”). The Term Loan B will mature seven years after the date of closing, which is expected to occur in the next few weeks. The Term Loan B priced at SOFR + 275 basis points with an OID of 99 3/4. Additionally, HanesBrands announced a $750 million senior secured revolving credit facility (the “Revolver”) due 2030 to replace the Company’s existing $1.0 billion senior secured revolving credit due 2026 and a $400M Term Loan A facility (the “Term Loan A”) due 2030 to replace the Company’s existing $403 million term loan A due 2026 (the “Existing Term Loan A”). Hanesbrands intends to use the net proceeds from the Term Loan B, together with the proceeds from the Revolver and Term Loan A, to redeem the Company’s outstanding 4.875% Senior Notes due 2026, to refinance the Existing Term Loan B, the Existing Revolver, and the Existing Term Loan A, and to pay related fees and expenses.

HanesBrands Inc. (NYSEHBI), a global leader in iconic apparel brands, today announced results for fourth-quarter and full-year 2024.

HanesBrands (NYSEHBI), a global leader in iconic apparel brands, today announced that Steve Bratspies will depart as Chief Executive Officer of the Company at the end of 2025, or upon the appointment of his successor. As part of the Company’s leadership succession planning process, the Board has begun a comprehensive search to identify the Company’s next CEO and has retained Spencer Stuart, a leading executive search firm, to support its work. Bratspies will step down from the Board of Directors concurrent with the end of his tenure as CEO. He will stay on in an advisory role once a new CEO is named to support a smooth transition.

HanesBrands Inc. (NYSEHBI) today provided details for its fourth-quarter 2024 investor conference call at 8:30 a.m. ET Thursday, February 13, 2025.

HanesBrands Inc. (NYSEHBI), a global leader in iconic apparel brands, is encouraging Americans to reassess their underwear and bra drawers as part of its latest campaign: "If You Wouldn’t Flaunt It, Refresh It." A fresh wardrobe starts with comfortable undergarments, and according to a new survey of 2,000 U.S. adults commissioned by HanesBrands, many Americans are holding onto their underwear and bras far longer than recommended. In fact, the average person keeps their underwear for three years, with some hanging onto pairs for six years or more—long past their prime for comfort and fit.

HanesBrands Inc., a global leader in iconic apparel brands and sustainability, is proud to celebrate the 15th anniversary of its Hanes for Good program. Since 2009, Hanes for Good has donated more than 6 million items, including 4 million pairs of socks, to hundreds of partner organizations across all 50 states, Washington D.C. Puerto Rico and Guam.

HanesBrands Inc. (NYSEHBI) today provided details for its third-quarter 2024 investor conference call at 8:30 a.m. ET Thursday, November 7, 2024.

HanesBrands Inc. (NYSEHBI), a global leader in iconic apparel brands, today announced that it has completed the sale of the intellectual property and certain operating assets of the Company’s global Champion business to Authentic Brands Group (“Authentic”).

HanesBrands Inc. (NYSEHBI), a global leader in iconic apparel brands, today announced results for the second-quarter 2024.

Bali, America’s number one national bra brand*, is launching its airiest, most breathable collection yet, Bali Breathe. Bali is introducing a fresh look that combines nearly a century of design expertise with a modern take on comfort and style. Bali Breathe redefines luxurious innerwear with an assortment of light-as-air body basics including bras, underwear, and shapewear.

HanesBrands Inc. (NYSEHBI) today provided details for its second-quarter 2024 investor conference call at 8:30 a.m. ET Thursday, August 8, 2024.

HanesBrands (NYSEHBI), a global leader in iconic apparel brands, today announced that Sharilyn Gasaway has been appointed to the Company’s board of directors. Gasaway’s term runs through the 2025 annual meeting of stockholders, and she will serve on the Audit Committee.

HanesBrands (NYSEHBI), a global leader in iconic apparel brands, today announced that it has entered into a definitive agreement to sell the intellectual property and certain operating assets of the Company’s global Champion business to Authentic Brands Group (“Authentic”) for a transaction value of $1.2 billion, with the potential to reach up to $1.5 billion through an additional contingent cash consideration of up to $300 million based on achievement of performance thresholds. This agreement, which has been unanimously approved by the HanesBrands Board of Directors, is the successful conclusion of the Company’s previously announced evaluation of a range of strategic options for the global Champion business.

Today, Champion®, makers of authentic athletic apparel since 1919, revealed its newest product innovation prototype designed to champion mental health: the Champion Weighted Hoodie. Champion has a strong track record of innovation, from inventing the world’s first hoodie over 80 years ago, to manufacturing the first sports bra, and now championing wearable weighted products and adaptive apparel.

HanesBrands (NYSEHBI), the world’s largest supplier of collegiate fan apparel, announces a five-year extension of its current partnership with TCU, renewing the exclusive rights to manufacture and sell Horned Frog fanwear in the mass retail channel.

HanesBrands Inc. (NYSEHBI), a global leader in iconic apparel brands, today announced results for the first-quarter 2024.

HanesBrands (NYSEHBI) today provided details for its first-quarter 2024 investor conference call at 8:30 a.m. ET Thursday, May 9, 2024.

HanesBrands Inc., a global leader in iconic apparel brands, announces progress toward sustainability goals in its 2023 Sustainability Summary Report. The report highlights significant strides toward reaching 2025/2030 goals around the pillars of People, Planet and Product, encompassing its brands including Hanes, Champion, Bonds, Maidenform and Bali.

HanesBrands (NYSEHBI), the world’s largest supplier of collegiate fan apparel, is pleased to announce a five-year extension of its current apparel partnership with Duke University. The partnership renews HanesBrands exclusive rights to sell Duke’s fanwear in the mass retail channel.

Hanes, No. 1 brand of basic apparel1 with products in 9 out of 10 homes in the U.S., is expanding on the success of its largest cross-category launch ever by introducing Hanes® Originals with SuperSoft fabrics. The line builds upon Hanes Originals, a bold and youthful collection of body basics that delivers modern styles without sacrificing comfort. The new styles go a step further with updated pieces, injecting luxurious colors and, most importantly, the absolute softest fabrics, made from luxe viscose from bamboo.

HanesBrands (NYSEHBI), the world’s largest supplier of collegiate fan apparel, and the University of Mississippi (“Ole Miss”) announced they have signed a three year extension of their current apparel partnership that grants HanesBrands exclusive rights to Ole Miss fanwear in the mass retail channel.

HanesBrands (HBI), a global leader in iconic apparel brands, has been recognized for the second consecutive year with an A- score on the global CDP annual sustainability disclosures across two key areas of environmental impact – climate change and water security.

Maidenform, America’s No. 1 shapewear brand, has reignited its brand with a sumptuous new advertising campaign, showcasing its unbelievably soft M collection designed for young-minded consumers. From the brand that wrote the book on bras, Maidenform is proudly showing off the next best thing in body basics (that are anything but basic), with youthful cuts, bold colors, and craveable comfort in its new collection, Maidenform M.

HanesBrands Inc. (NYSEHBI), a global leader in iconic apparel brands, today announced results for fourth-quarter and full-year 2023.

HanesBrands (NYSEHBI) today provided details for its fourth-quarter 2023 investor conference call at 8:30 a.m. ET Thursday, February 15, 2024.

HanesBrands (NYSEHBI), the world’s largest supplier of collegiate fan apparel, and the Georgia Institute of Technology (Georgia Tech), announced they have signed a multiyear extension of their current apparel partnership that gives HanesBrands exclusive rights to Georgia Tech fanwear in the mass retail channel.

HanesBrands (NYSEHBI) today announced that its Board of Directors (the “Board”) has appointed William S. Simon to serve as Chairman of the Board, effective December 31, 2023. His appointment follows Ronald L. Nelson’s decision to retire as Chairman and a member of the Board at the end of the year.

HanesBrands (NYSEHBI), a global leader in iconic apparel brands, today announced that Richard Mcleod has been named vice president, chief marketing officer of global Champion. Mcleod will be responsible for driving Champion’s global brand strategy and omni-channel brand positioning.

Today, Champion® Athleticwear, the iconic lifestyle brand born from sport in 1919, announced its newest innovation: Eco Future Reverse Weave with CiCLO® technology, a patented and science-based solution that allows synthetic textiles to behave more like natural fibers when they enter the environment.

HanesBrands (NYSEHBI) today announced that its Board of Directors (the “Board”) has appointed Colin Browne, Natasha Chand and John Mehas as independent directors to the Board, effective immediately.

HanesBrands Inc. (NYSEHBI), a global leader in iconic apparel brands, today announced results for the third-quarter 2023.

HanesBrands (NYSEHBI) today provided details for its third-quarter 2023 investor conference call at 8:30 a.m. ET Thursday, November 9, 2023.

Maidenform, America’s No. 1 shapewear brand, is launching a new line of modern intimates named M, designed to be deliciously comfortable and appeal to young-minded consumers who want superior fashion without any compromises. Maidenform M is taking craveable comfort to the next level with a buttery soft assortment of body basics (that are anything but basic) including bodywear, bras, and underwear.

HanesBrands (NYSEHBI), the world’s largest supplier of collegiate fan apparel, and the University of Cincinnati today announced a multi-year extension of their current primary apparel partnership that gives HanesBrands exclusive rights across all retail channels to design, manufacture and distribute University of Cincinnati fanwear.

HanesBrands (NYSEHBI) today announced that its Board of Directors and executive leadership team, with the assistance of financial and legal advisors, are undertaking an evaluation of strategic options for the global Champion business. As part of this process, the Board will consider a broad range of alternatives to maximize shareholder value, including, among others, a potential sale or other strategic transaction, as well as continuing to operate the business as part of HanesBrands.

Today, Champion Athleticwear, makers of authentic athletic apparel since 1919, launched its new global brand campaign “Champion What Moves You.” As a brand whose mission is to provide every Champion a canvas to live their true purpose, Champion is taking action through the campaign rollout, calling upon a global network of real Creators -- from rappers to street artists and shoe cobblers -- and putting them at the heart of its brand story.

HanesBrands, a global leader in iconic apparel brands, and G-III Apparel Group, Ltd., a global leader in fashion, today announced they have entered into a strategic multi-year license agreement for the design, production and distribution of outerwear for the Champion and C9 Champion brands in North America, including exploring opportunities across Champion’s global network as a key partner.

As college football kicks off, HanesBrands (NYSEHBI) and Florida State University announced they have signed a multiyear extension of their current apparel partnership that gives HanesBrands exclusive rights to Florida State fanwear in the mass retail channel. Additionally, the partnership includes collaborative retail activations marking key rivalries and events.

HanesBrands (HBI), the world’s largest supplier of collegiate fan apparel, and Texas A&M University signed an exclusive, long-term primary apparel partnership that gives HBI exclusive rights to design, manufacture and distribute Aggie fanwear in the mass retail and campus/local channels. As part of the agreement, Texas A&M and HBI are reimagining on-campus fanwear hubs and creating elevated brand experience shops that will expand access to innovative, on-trend fanwear.

HanesBrands Inc. (NYSEHBI), a global leader in iconic apparel brands, today announced results for the second-quarter 2023.

HanesBrands (NYSEHBI) today issued the following statement in response to a letter issued by Barington Capital:

HanesBrands (NYSEHBI) today provided details for its second-quarter 2023 investor conference call at 8:30 a.m. ET Thursday, August 10, 2023.

HanesBrands (NYSEHBI), a leading global marketer of branded everyday apparel, today announced that Interim Chief Financial Officer Scott Lewis has been appointed Chief Financial Officer, effective immediately. Lewis will also continue in his role as Chief Accounting Officer, a position he has held since 2015.

HanesBrands (HBI), a global leader in iconic apparel brands, today announced a new primary apparel partnership with the University of Minnesota. The 10-year strategic agreement gives HBI exclusive rights to design, manufacture and distribute high-quality, on-trend fanwear across mass and campus/local retail channels.

HanesBrands (HBI) and Penn State today announced a multi-year extension of their current apparel partnership that gives HBI exclusive rights in the mass retail channel. The global apparel company, which owns the iconic Champion and Hanes brands, has a decades-long partnership with Penn State.

HanesBrands Inc. (NYSEHBI), a global leader in iconic apparel brands, today announced results for the first-quarter 2023.

HanesBrands Inc., a global leader in iconic apparel brands and sustainability, released its 2022 Sustainability Summary Report, highlighting significant accomplishments in the areas of People, Planet and Product.

HanesBrands (NYSEHBI) today provided details for its first-quarter 2023 investor conference call at 8:30 a.m. ET Wednesday, May 3, 2023.

Hanes, America’s No.1 Brand of Underwear1, is giving a nod to its heritage in its new “Make Yourself Comfortable” campaign, set in the Victorian Age of 1901. The advertising spots support Hanes Originals, the largest cross-category collection in Hanes’ nearly 125-year-old history.

HanesBrands is proud to announce it has earned the Energy Star Partner of the Year Award for Sustained Excellence in Energy Management from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy, marking the company’s 14th consecutive award for continued progress in environmental sustainability.

HanesBrands (NYSEHBI), a global leader in iconic apparel brands, today announced that Lorenzo Moretti has been named president of Champion Europe.

HanesBrands (NYSEHBI), a global leader in iconic apparel brands, today announced the completion of the refinancing of the last remaining series of its 2024 Notes. The Company successfully closed on an upsized new Senior Secured Term Loan B Facility in an aggregate principal amount of $900 million. The net proceeds from the Term Loan B Facility, together with the proceeds of the $600 million bond offering completed on February 14, 2023, were used to redeem all of the Company’s outstanding 4.625% Senior Notes due 2024 and 3.5% Senior Notes due 2024 and pay related fees and expenses.

HanesBrands (HBI), the world’s largest supplier of collegiate fan apparel, and UCLA today announced a multi-year apparel agreement that gives HBI exclusive rights to design, manufacture and distribute high-quality, on-trend Bruins fanwear in the mass retail channel. HBI will develop exclusive collections featuring men’s, women’s, unisex, youth, infant and toddler fan apparel.

HanesBrands Inc. (NYSEHBI), a global leader in iconic apparel brands, today announced that Mark Irvin has been appointed to the company’s board of directors.

Hanes, America’s No. 1 Brand of Underwear1, introduces the new Hanes Originals collection, combining statement-making patterns and colors with ultimate comfort. Hanes is launching a “Make Yourself Comfortable” campaign, inviting consumers to embrace modern style without having to sacrifice comfort.

HanesBrands Inc. (NYSEHBI) announced today that it set the pricing of its previously announced unregistered offering of $600.0 million aggregate principal amount of 9.000% senior unsecured notes due 2031. The notes will be senior unsecured obligations of HanesBrands and will be guaranteed by certain of HanesBrands’ domestic subsidiaries that guarantee its credit facilities and certain other material indebtedness. This offering is expected to close on February 14, 2023, subject to customary closing conditions.

HanesBrands Inc. (NYSEHBI) announced today that it is planning to offer $600.0 million aggregate principal amount of senior unsecured notes due 2031 (the “notes”) in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”), subject to market and other customary conditions. The notes will be senior unsecured obligations of HanesBrands and will be guaranteed by certain of HanesBrands’ domestic subsidiaries that guarantee its credit facilities and certain other material indebtedness.

HanesBrands Inc. (NYSEHBI), a global leader in iconic apparel brands, today announced results for the fourth-quarter and full-year 2022.

HanesBrands (NYSEHBI) today provided details for its fourth-quarter 2022 investor conference call at 8:30 a.m. ET Thursday, February 2, 2023.

HanesBrands Inc. (NYSEHBI), a global leader in iconic apparel brands, today announced that it expects to report fourth-quarter 2022 net sales slightly above the top end of its outlook range and adjusted operating profit at the midpoint of the range. The company also announced that it will hold its regular fourth-quarter investor conference call at 8:30 a.m. EST Thursday, February 2, 2023.

HanesBrands (HBI), a global leader in iconic apparel brands, has been recognized with an A- score on the global CDP annual sustainability disclosures across two key areas of environmental impact – climate change and water security.

Champion is rewarding fans this weekend with the launch of the inaugural nationwide “Hoodie Swap” on November 19. Fans can “swap” any pre-owned pretender hoodie for a NEW Champion hoodie for FREE at participating Champion stores and outlet locations, just in time for the holiday gifting season.

HanesBrands Inc. (NYSEHBI), a global leader in iconic apparel brands, today announced results for the third quarter of 2022.

HanesBrands (NYSEHBI) today announced that it will host an internet audio webcast of its third-quarter 2022 investor conference call at 8:30 a.m. ET Wednesday, November 9, 2022.

HanesBrands (HBI), the world’s largest supplier of collegiate fan apparel and one of the World’s Most Ethical Companies¹, announced today a new primary apparel partnership with the University of California, Berkeley. The 10-year strategic agreement gives HBI exclusive rights to design, manufacture and distribute high-quality, on-trend fanwear across mass and campus/local.

Today, Champion Athleticwear, makers of authentic athletic apparel since 1919, is celebrating its place in sports history as the inventor of the world’s first hoodie. As the originator and as the brand who carries the standard of excellence within the hoodie category, Champion is launching the “Be Your Own” campaign as an ode to the hoodie.

HanesBrands (HBI) and the University of Michigan today announced a multiyear extension of their current apparel partnership that gives HBI exclusive rights to design, manufacture and distribute Wolverine fanwear in the mass retail channel. HBI is the world’s largest supplier of collegiate fan apparel and has been an exclusive apparel partner with Michigan for more than a decade.

Hanes® is introducing a line of accessibly-priced period underwear. The brand’s new line of Comfort, Period.™ underwear is designed to help consumers stay comfortable and confident during periods, even when sleeping, offering premium period protection without the premium period underwear price tag.

HanesBrands Inc. (NYSEHBI), a global leader in iconic apparel brands, today announced results for the second quarter of 2022.

HanesBrands (NYSEHBI) today announced that it will host an internet audio webcast of its second-quarter 2022 investor conference call at 8:30 a.m. EDT Thursday, August 11, 2022.

HanesBrands (HBI), the world’s largest supplier of collegiate fan apparel, announced today it has entered a new 10-year partnership with the University of Tennessee as a primary apparel partner. Under the strategic agreement, HanesBrands has exclusive rights to design, manufacture and distribute high-quality, on-trend fanwear across mass and local channels, broadening the university’s access to retail markets.

HanesBrands (HBI), the world’s largest supplier of collegiate fan apparel, today announced a new primary apparel partnership with the University of Southern California (USC). The 10-year agreement gives HBI exclusive rights in the mass and mid-tier retail channels to develop consumer-driven collections of fan apparel that will expand the University’s retail footprint.

HanesBrands Inc. (NYSEHBI), a global leader in iconic apparel brands, today announced results for the first quarter of 2022.

HanesBrands (NYSEHBI), a global leader in iconic apparel brands, today announced that Vanessa LeFebvre has been named president of global activewear.

HanesBrands (NYSEHBI), a global leader in iconic apparel brands, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.15 per share to be paid May 31, 2022, to stockholders of record at the close of business May 10, 2022.