As we were preparing our Top Distributors issue, news broke of four major industry shakeups. In the span of two weeks, Ennis announced plans to sell off Alstyle Apparel to an undisclosed buyer (later revealed to be Gildan Activewear), Hanesbrands Inc. acquired Champion Europe and Pacific Brands Limited, Taylor Corp. bought Staples Print Solutions, and private equity…
HanesBrands announced that it has completed the acquisition of DBApparel, a leading marketer of intimate apparel, hosiery and underwear in Europe.
The leading European branded intimate apparel and underwear company meets Hanes' acquisition criteria for value creation and growth opportunities.
Hanes receives third consecutive sustained excellence award for environmental protection and fifth consecutive Partner of the Year Award from the U.S. EPA.
HanesBrands announced that the company raised $2.2 million for the United Way of Forsyth County as part of an award-winning employee campaign in 2013.
On Jan. 29, HanesBrands reported record financial results in 2013 for net sales, operating profit and profit margin, cash flow, and diluted earnings per share.
HanesBrands today announced that it has entered into a definitive agreement to acquire Maidenform Brands Inc. for $23.50 per share, or approximately $575 million, in an all-cash transaction expected to close in the fourth quarter of 2013.
HanesBrand announced that it has promoted Gerald W. Evans Jr. to chief operating officer effective Aug. 1, 2013. Evans has been with HanesBrands for more than 30 years, working in marketing, sales and general management.
HanesBrands recently reported its first-quarter 2013 net sales, operating profit and diluted earnings per share. For the quarter ended March 30, 2013, net sales declined 3 percent to $945 million, operating profit increased substantially to $85 million, and EPS improved to $0.51 from a $0.25 loss a year ago.
HanesBrands donated roughly $1 million worth of underwear and fleece apparel to victims of Hurricane Sandy. The wholesale supplier, based in Winston-Salem, N.C., partnered with New York nonprofit Fashion Delivers to help distribute the garments. HanesBrands is prepared to give further donations in the coming weeks.