| Market Capitalization (Millions $) |
2,375 |
| Shares
Outstanding (Millions) |
357 |
| Employees |
48,000 |
| Revenues (TTM) (Millions $) |
3,061 |
| Net Income (TTM) (Millions $) |
330 |
| Cash Flow (TTM) (Millions $) |
-109 |
| Capital Exp. (TTM) (Millions $) |
31 |
Business Description
Hanesbrands Inc. is a prominent manufacturer and marketer known for its extensive range of basic apparel essentials. Headquartered in Winston-Salem, North Carolina, the company came into being in 2006 as a spinoff from Sara Lee Corporation. It is publicly traded on the New York Stock Exchange under the ticker symbol HBI.
Product Portfolio
Hanesbrands operates a diverse product portfolio that encompasses several well-known brands, including:
- Hanes: Renowned for its comfortable and high-quality undergarments and casual wear.
- Champion: A major player in the athletic apparel market, offering a wide range of sportswear and accessories.
- Bali: Focused on womens lingerie, known for its comfort and fit.
- Maidenform: Offers a variety of womens bras and shapewear.
- Playtex: Known for womens intimate apparel and support solutions.
- Just My Size: Targeted towards plus-size consumers, offering a range of comfortable clothing.
- Leggs: Famous for its sheer hosiery and tights.
- Wonderbra: Known for innovative bra designs that provide support and enhancement.
Global Presence
Hanesbrands has a substantial global footprint, with operations in over 40 countries. The company sells its products in approximately 200 countries around the world, allowing it to reach a broad consumer base. Its extensive distribution network enables efficient shipping and logistics, making its products readily available in various markets.
Vertically Integrated Supply Chain
A key feature of Hanesbrands is its vertically integrated business model. This means that the company owns and manages nearly all elements of its supply chain, including:
- Textile Mills: Producing raw materials for its garments.
- Manufacturing Facilities: Manufacturing finished products.
- Distribution Centers: Facilitating the timely delivery of its products to retailers and consumers.
This integration allows Hanesbrands to maintain quality control, streamline operations, and respond quickly to market demand.
Sustainability Initiatives
In response to growing consumer demand for environmentally friendly practices, Hanesbrands has implemented extensive sustainability initiatives. The company has made several commitments aimed at minimizing its environmental impact, including:
- Carbon Neutral Status: Aiming for carbon neutrality in its overall operations.
- Reduction Of Greenhouse Gas Emissions: Setting a target for a 50% reduction in absolute carbon emissions by 2030.
- Water Use and Waste Generation: Committed to significant reductions in water consumption and waste, with a goal of diverting 100% of waste from landfills.
These initiatives reflect Hanesbrands commitment to sustainable practices and its responsibility towards the environment.
Social Responsibility
Hanesbrands has also emphasized corporate social responsibility through various initiatives. The company has established programs focusing on:
- Ethical Sourcing: Ensuring that materials are obtained responsibly and sustainably.
- Fair Labor Practices: Upholding safe working conditions and fair treatment for employees in its supply chain.
- Community Outreach: Engaging in community support initiatives to give back to the regions where it operates.
The company has garnered recognition for its efforts in sustainability and social responsibility, receiving accolades from various industry bodies, including placements in the Dow Jones Sustainability Indices and evaluations by the CDP.
Conclusion
Overall, Hanesbrands Inc. stands out as a respected entity in the apparel industry, leveraging a strong brand portfolio and a commitment to sustainability and social responsibility. With a diversified product line and a robust global distribution network, Hanesbrands is well-positioned to continue its growth trajectory and address the evolving needs and values of its consumers.
Company Address: 101 North Cherry Street Winston-Salem, 27101 NC
Company Phone Number: 519-8080 Stock Exchange / Ticker: NYSE HBI
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