Hanesbrands is North America's leading manufacturer of branded underwear, t-shirts and intimates, with a substantial portfolio of brands including Hanes, Champion, Playtex and L'Eggs. It added US rival Maidenform in 2013 for $575m. The business was formed in September 2006 from the spin-off to shareholders of the branded apparel division of Sara Lee Corporation. It is one of the world's biggest branded clothing companies, producing a huge variety of men's, women's and children's intimates, underwear, sportswear and legwear. In its main market of the US, it is the overall #1 in men's and children's underwear and in hosiery, and the #2 in women's underwear. In 2014 it re-established a presence in Europe, buying back lingerie brand Dim and local rights to the Wonderbra and Playtex brands, which had been spun off separately by Sara Lee in 2006.
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|Hanes||Just My Size|
Adbrands Weekly Update 31st Aug 2017: Ads of the Week "Womankind". Admittedly we don't require much persuasion to run lingerie ads provided they have artistic merit, but this entertaining debut campaign from Australia's The Monkeys for Hanesbrands' Berlei has universal appeal. Informative, too, especially for men, who have no idea of the pain and suffering involved in selecting the right type of bra for different occasions. Buying underpants is really so much easier...
Adbrands Weekly Update 16th Jun 2016: Underwear giant Hanesbrands announced a management succession. Richard Noll, CEO since the business was spun out of Sara Lee Corp a decade ago, will become executive chairman towards the end of the year. He will be succeeded as CEO by current COO Gerald Evans.
Adbrands Weekly Update 5th May 2016: US underwear giant Hanes is to acquire its Australian counterpart Pacific Brands in a deal worth around $800m. The target company currently manages a variety of different businesses, but it is best-known for underwear. Its Bonds brand is an Australian icon, as much of a household name down under as Hanes is in the US. Pacific also owns the Berlei lingerie brand - another Australian icon - and produces premium-priced sheets, linen and towels under the Sheridan banner. Two other businesses of Dunlop-branded flooring and Tontines pillows will be divested.
Adbrands Weekly Update 26th Jun 2014: Hanesbrands announced a return to Europe with the E400m acquisition of DB Apparel, the leading European lingerie company, and owner of the Dim and Nur Die brands as well as the local licenses for Wonderbra and Playtex. Hanes and what is now DB Apparel were both part of the old Sara Lee Corporation until 2006, when the European brands were spun out and sold to private equity firm Sun Capital Partners. DB Apparel generates sales of around E730m a year, half of that sum from the Dim brand alone. The key benefit to Hanes would be a wider global footprint - currently only around 11% of revenues come from outside the US - as well as global ownership of the Wonderbra and Playtex brands, which it already controls in the US and Asia.
Adbrands Weekly Update 25th Jul 2013: Underwear specialist Hanesbrands agreed to acquire smaller rival Maidenform for $575m in a deal that will unite many of the best-known brands in US women's lingerie. Hanes already owns Playtex bras, as well as lingerie brands L'eggs, Just My Size and Wonderbra. Maidenform, with sales of around $600m annually, sells bras, panties and shapewear (what used to be called girdles) under brands including Maidenform, Flexees, Lilyette, Self Expressions and Sweet Nothings, as well as Donna Karan and DKNY under license. Hanesbrands CEO Richard Noll called the merger "a natural fit".
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