HanesBrands news and archive

Gildan doubles scale with HanesBrands acquisition and record quarter

The Montreal-based apparel manufacturer Gildan Activewear has reported record fourth-quarter net sales from continuing operations of 1.08 billion dollars, representing a 31.3 percent increase over the prior year. This performance was significantly bolstered by the completion of the HanesBrands acquisition on December 1, 2025, which added 217...

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HanesBrands Q3 sales hit by late order shifts from major retailer

HanesBrands Inc. reported third-quarter 2025 net sales of 892 million dollars, a 1 percent decrease year-over-year, which CEO Steve Bratspies attributed to "an unanticipated late quarter shift in replenishment orders at one of our large U.S. retail partners." Despite this top-line headwind, Bratspies emphasized the strengthening foundation of...

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Gildan Activewear to merge with HanesBrands for enterprise value of around 4.4 billion dollars

Gildan Activewear, Inc. (GIL, GIL.TO) and HanesBrands, Inc. (HBI) announced Wednesday that they have entered into a definitive merger agreement under which Gildan will acquire HanesBrands. This transaction implies an equity value of approximately 2.2 billion dollars and an enterprise value of approximately 4.4 billion for HanesBrands, based on...

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Hanesbrands exceeds expectations in second quarter

US textile group Hanesbrands Inc. presented surprisingly strong results for the second quarter of the 2025 financial year on Thursday. In light of the positive development, the company set higher targets for the full year. In the past quarter, which ended June 28, group revenue from continuing operations amounted to 1.29 billion dollars. This...

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S&S Activewear named exclusive distributor of Hanes Printwear in North America

HanesBrands Inc. and S&S Activewear have announced an agreement designating S&S as the exclusive distributor of the Hanes brand within the North American printwear channel. Under this exclusive arrangement, S&S will not only offer the complete range of Hanes styles but will also ensure deeper inventory levels and enhanced availability across its...

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HanesBrands meets Q1 expectations, reaffirms outlook

HanesBrands has reported first quarter net sales of approximately 750 million dollars, up 2.1 percent aligning with its earlier guidance. Operating profit for the quarter was 52 million dollars, with an operating margin of 4.5 percent, reflecting stable performance compared to the same period last year. The company also emphasized its commitment...

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Australian underwear label Bonds makes its US debut

Australian underwear brand Bonds has made its official debut in the United States. Founded in 1915 by George Bond, the brand has expanded over the last 100-plus years into an Aussie icon. “We’re thrilled to introduce our iconic underwear and signature Aussie spirit to the US,” said Tanya Deans, president of Bonds Australia, in a statement. “...

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Hanes unveils first-ever cross-category athleisure collection

America’s number one brand for basic apparel Hanes is entering the athleisure category with an extensive range of athletic-inspired innerwear and apparel for men, women, and children. Dubbed ‘Hanes Moves’ the new collection marks the brand’s first-ever cross-category push in the athleisure space and has been designed for “movement, versatility,...

Retail

Hanes launches heritage inspired capsule collection with Urban Outfitters

Apparel manufacturer HanesBrands has partnered with lifestyle and youth retailer Urban Outfitters to launch an exclusive capsule collection that leverages Hanes almost 125-year legacy. The Hanes Heritage x Urban Outfitters capsule collection includes 29 pieces of innerwear and loungewear for men and women that mix iconic styles from Hanes over...

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HanesBrands update: Revenues up, CEO Bratspies to step down

Clothing company HanesBrands reported fourth-quarter net sales from continuing operations of 888 million dollars, reflecting a 4.5 percent increase compared to the prior year. Income from continuing operations reached 46 million dollars, or 13 cents per diluted share, while adjusted income from continuing operations rose to 61 million dollars,...

Fashion

HanesBrands expands activewear category with Hanes Moves

Apparel manufacturer HanesBrands has set about reestablishing itself in the activewear category with a new collection dubbed ‘Hanes Moves’. The line, focused on performance and comfort, offers pieces for women, men and children. Hanes Moves already began slowly rolling out in 2024, however, those behind the brand said this will continue into the...

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HanesBrands beats Q3 expectations, raises outlook

HanesBrands net sales from continuing operations were 937 million dollars in the third quarter, down 2.5 percent, while on an organic constant currency basis, net sales were consistent with prior year. The company's adjusted earnings were 15 cents per share, topping the analyst consensus of 12 cents per share. The company is raising its...