HanesBrands Inc. (NYSE: HBI) is a leading marketer of everyday basic apparel, including underwear, socks, bras, and activewear, under well-known brands such as Hanes, Champion, Bali, Playtex, and Bonds. Headquartered in Winston-Salem, North Carolina, the company designs, manufactures, and sells a wide range of innerwear and activewear apparel for men, women, and children across the Americas, Europe, and the Asia-Pacific region.
Recently, HanesBrands completed the sale of its global Champion business to Authentic Brands Group. This strategic move allows the company to focus on its core innerwear operations and accelerate debt reduction efforts. With a shift in strategy, HanesBrands is doubling down on its strengths in core categories while managing operational challenges in a competitive market.
HanesBrands remains committed to sustainability and has been recognized for its efforts in reducing environmental impact, including achievements in climate change and water security initiatives. The company also continues to adapt to evolving consumer preferences, leveraging its heritage in innerwear and activewear to drive future growth and deliver value to shareholders.
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