who-owns-hanes

Who owns Hanes?

Hanes Australasia is part of HanesBrands Inc. Based in North Carolina, US, Hanes is a socially responsible market leader in underwear and activewear apparel in the Americas, Europe, Australia, and Asia-Pacific under some of the world’s strongest apparel brands, including Hanes, Champion. Who owns Hanes? Hanes was founded in 1900 by John Wesley Hanes at…

Hanes Australasia is part of HanesBrands Inc. Based in North Carolina, US, Hanes is a socially responsible market leader in underwear and activewear apparel in the Americas, Europe, Australia, and Asia-Pacific under some of the world’s strongest apparel brands, including Hanes, Champion.

who-owns-hanesWho owns Hanes?

Hanes was founded in 1900 by John Wesley Hanes at Winston, North Carolina under the name Shamrock Knitting Mills. John Wesley Hanes’ brother Pleasant H. Hanes founded the P.H. Hanes Knitting Company in 1901. The brothers previously operated a tobacco manufacturing business, that they sold to R. J. Reynolds Tobacco Company in 1900.

Hanes takes pride in its strong reputation for ethical business practices. The company is the only apparel producer to ever be honored by the Great Place to Work Institute for its workplace practices in Central America and the Caribbean and is ranked No. 167 on the Forbes magazine list of America’s Best Large Employers.

In 2016, HanesBrands acquired Pacific Brands for US$800 million, adding the Bonds and Berlei brands to its portfolio, as well as the Sheridan luxury linen brand. In February 2018 the Hanes Australasia division also acquired the Bras N Things brand for an estimated AU$500 Million. During the coronavirus pandemic in the United States, Hanes is retrofitting its factory to manufacture N95 masks for healthcare workers.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.