Comparing the current results to its competitors, Hanesbrands Inc reported Revenue decrease in the 3 quarter 2025 year on year by -4.8 %, despite the revenue increase by the most of its competitors of 2.76 %, recorded in the same quarter.
Hanesbrands Inc Net Income in the 3 quarter 2025 grew year on year by 803.93%, faster than the Hanesbrands Inc 's competitors average income growth of 13.49 %
Hanesbrands Inc 's Comment on Competition and Industry Peers
The basic apparel market is highly competitive and rapidly evolving, with competition based on brand, comfort, fit, style, and price. The company competes with large domestic and foreign corporations and manufacturers. In the United States, competitors include Fruit of the Loom, Inc., a subsidiary of Berkshire Hathaway Inc., through its own offerings and those of Vanity Fair Intimates. Other global competitors in the innerwear category include Victoria's Secret & Co. and Jockey International, Inc. The company also faces competition from numerous small manufacturers across all business segments. Additionally, mass merchant retailers, department stores, and other retailers, including many customers, market and sell basic apparel products under private labels and controlled brands.
September 30, 2024
A Fresh Start: HanesBrands Strategic Shift with Champion SaleIn a strategic move poised to redefine its business trajectory, HanesBrands Inc. a renowned entity in the global apparel industry, has announced the completion of the sale of its Champion brand s intellectual property and some operating assets to Authentic Brands Group (ABG). This decision marks a significant pivot in the company s operational model, drawing attention from industry analysts and stakeholders alike. The Facts HanesBrands Inc. known for its expansive portfolio of iconic apparel brands, has hitherto maintained a firm grip on Champion, one of its standout lines. However, the recent transaction signifies a deliberate shift in the compa...
March 11, 2024
HanesBrands and the University of Mississippi Extend Long-Term Apparel PartnershipWINSTON-SALEM, N.C. - HanesBrands, the world s largest supplier of collegiate fan apparel, and the University of Mississippi (Ole Miss) recently announced the signing of a three-year extension to their current apparel partnership. This agreement grants HanesBrands exclusive rights to produce and distribute fanwear for Ole Miss in the mass retail channel. The University of Mississippi is among more than two dozen elite schools that have established exclusive mass retail partnerships with HanesBrands, such as Florida State University.This strategic partnership between HanesBrands and Ole Miss allows the renowned apparel supplier ...
Duluth Holdings Inc operates on a direct-to-consumer business model, selling workwear and accessories primarily through its online and catalog channels. The company targets a niche market of tradespeople, craftsmen, and outdoors enthusiasts by offering durable, functional apparel that caters to their specific needs. With a focus on quality, unique marketing and customer engagement, Duluth Holdings has established itself as a trusted brand in the workwear industry.
Kontoor Brands Inc is a retail company that focuses on the design, development, and distribution of apparel and accessories. It operates through two main segments: Jeanswear, which includes well-known brands like Wrangler and Lee, and Imagewear, which provides uniforms and workwear. The company sells its products through various channels, such as wholesale, direct-to-consumer, and e-commerce.
Lands' End Inc is a retail company that operates primarily through an e-commerce platform, offering a wide range of apparel, footwear, and home goods. The company follows a direct-to-consumer business model, selling their products directly to customers through various channels including their website, catalog, and retail stores. Lands' End focuses on providing high-quality merchandise at affordable prices, while also offering exceptional customer service to drive customer loyalty and repeat purchases.
Lululemon Athletica Inc has a direct-to-consumer business model focused on selling high-quality athletic apparel and accessories. They primarily operate through their own stores, online platform, and mobile applications, providing customers with convenient access to their products. Lululemon's strong emphasis on innovation, brand loyalty, and community engagement further complements their business model, fostering customer satisfaction and driving growth.
Sources:
Hanesbrands Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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