HanesBrands
Encyclopedia
North Carolina
North Carolina is a state located in the southeastern United States. The state borders South Carolina and Georgia to the south, Tennessee to the west and Virginia to the north. North Carolina contains 100 counties. Its capital is Raleigh, and its largest city is Charlotte...
. It employs 50,000 people internationally. http://www.hanesbrands.com/hbi/en-us/OurCompany/Default.htm On September 6, 2006 the company was spun off by the Sara Lee Corporation.
HanesBrands owns several clothing brands, which are Hanes
Hanes
Hanes and Hanes Her Way are brands of apparel currently owned by the HanesBrands, Inc Corporation...
(its largest brand), Champion
Champion (sportswear)
Champion is a manufacturer of clothing, specializing in sportswear. The brand is a subsidiary of HanesBrands Inc. , which was spun off by the Sara Lee Corporation....
(its second largest brand), Playtex
Playtex
Playtex and PlayTex are a brand and trademark. It used to be associated with bras and women's undergarments. Currently there are two separate companies with the Playtex name....
(its third largest brand), Bali
Bali (lingerie)
Bali is a lingerie company operating in the United States of America.Bali began in 1927 with Sara Stein as Fay-Miss. In 1935 the company changed its name to Bali Brassiere Company. Bali merged with Hanes Corporation in 1969. Hanes was then sold to Chicago based Consolidated Foods Company, which...
, Just My Size, Barely There, Wonderbra
Wonderbra
The Wonderbra is a type of push-up underwire brassiere that gained worldwide prominence in the 1990s. Although the Wonderbra name was first trademarked in the U.S. in 1935, the brand was developed in Canada. Moses Nadler, founder and majority owner of the Canadian Lady Corset Company, licensed the...
, L’eggs
L’eggs
L'eggs is a popular brand of pantyhose introduced in 1969 by Hanes. The hosiery premiered a unique trade dress by placing its product in white plastic oversized chicken-egg-shaped containers and garnering shelf space in supermarkets and drugstores, most frequently on revolving carousel L'eggs...
, C9 by Champion, Duofold, Beefy-T, Outer Banks, Sol y Oro, Rinbros, Zorba and Ritmo.
HanesBrands also operates and owns around 250 L'eggs Hanes Bali Playtex Factory Outlets or HanesBrands Stores across the US. They are a chain of outlet stores that offer discounts. HanesBrands Flagship store is located in Winston-Salem, North Carolina, and opened in summer 2008. This store is the largest store and offers all of HanesBrands brands. HanesBrands has recently started opening Champion Outlet Stores in addition to their HanesBrands Stores. Currently there are 20 Champion stores open.
HanesBrands has companies in various parts of Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...
and Eastern Europe
Eastern Europe
Eastern Europe is the eastern part of Europe. The term has widely disparate geopolitical, geographical, cultural and socioeconomic readings, which makes it highly context-dependent and even volatile, and there are "almost as many definitions of Eastern Europe as there are scholars of the region"...
, including the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
, Italy
Italy
Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...
, Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
, France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
and Spain
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...
.
Sales revenue for 2010 was $4.33 Billion and gross profit was $1.41 billion (source: Form 10-k)
HanesBrands has been recognized for work that it has done for the environment, including "green" buildings. http://biz.yahoo.com/bw/080527/20080527006169.html?.v=1 They have also been recognized for the work they have done in communities, such as the support of schools in Honduras
Honduras
Honduras is a republic in Central America. It was previously known as Spanish Honduras to differentiate it from British Honduras, which became the modern-day state of Belize...
.
The company's two main competitors are Fruit of the Loom
Fruit of the Loom
Fruit of the Loom is an American company which manufactures clothing, particularly underwear. The company's world headquarters is in Bowling Green, Kentucky. It is currently a subsidiary of Berkshire Hathaway.-Company profile:...
and Jockey International
Jockey International
Jockey International, Inc. is a manufacturer, distributor and retailer of underwear, sleepwear for men, women, and children. The company is based in Kenosha, Wisconsin. Jockey is known for having invented the first men's Y-Front brief in 1934. Jockey is a recognized trademark in 120...
.
In 2011 wikileaks
Wikileaks
WikiLeaks is an international self-described not-for-profit organisation that publishes submissions of private, secret, and classified media from anonymous news sources, news leaks, and whistleblowers. Its website, launched in 2006 under The Sunshine Press organisation, claimed a database of more...
revealed that the corporation had previously lobbied the State Department to lower Haiti
Haiti
Haiti , officially the Republic of Haiti , is a Caribbean country. It occupies the western, smaller portion of the island of Hispaniola, in the Greater Antillean archipelago, which it shares with the Dominican Republic. Ayiti was the indigenous Taíno or Amerindian name for the island...
's minimum-wage to $0.31 an hour from $0.61 cents an hour to lower their production costs in that country.