Hanesbrands Inc. is a leading marketer of everyday apparel essentials under some of the world’s strongest apparel brands, including Hanes, Champion, Playtex, Bali, JMS/Just My Size, barely there and Wonderbra. The company sells more than 2 billion T-shirts, socks, bras, panties, underwear, hosiery, fleece, casualwear and activewear products combined each year produced in the company’s low-cost global supply chain. Hanesbrands products are sold at the largest mass-merchandise, mid-tier, department-store and club-store retailers, as well as directly to consumers via catalogs, the Internet and more than 200 company-owned U.S. retail stores.
Key Facts
Net Sales (2009): $3.9 billion (No. 532 on Fortune 1,000)
Employees worldwide: approximately 45,000
Headquarters: Winston-Salem, N.C., U.S.
Facilities and offices in more than 25 countries
Spun off as an independent company in September 2006
Publicly traded on the New York Stock Exchange as “HBI”
Fiscal Year: Calendar (ends last Saturday in December)
Chief Executive Officer: Richard A. Noll
Corporate Web site: www.hanesbrands.com
Growth Strategies
Sell more – Build our largest, strongest brands in core categories through innovation in key items
Spend less – Leverage our size, scale and global reach to reduce cost, improve flexibility and provide superior service
Generate cash – Generate and invest cash to provide superior returns for equity and debt investors
Commercial Markets
Hanesbrands products are sold in Argentina, Brazil, Canada, China, the European Union, India, Japan, Mexico, Philippines, and the United States. International brands include Hanes, Champion, Wonderbra, Playtex, Stedman, Rinbros, Sol y Oro, Zorba, Kendall, Tensor and Ritmo.
Production Operations
Hanesbrands primarily produces its own products through company-owned production facilities. The company has built a low-cost global supply chain that has fabric production and sewing operations primarily centered in three geographic clusters:
Asia – China, Thailand, Vietnam
Central America – Costa Rica, El Salvador, Honduras
Caribbean Basin– Dominican Republic, Puerto Rico