Apparel and textile industry company news

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US: HanesBrands to buy European lingerie leader DBA for $545m Leonie Barrie | 25 Jun 14

Underwear maker HanesBrands Inc is to buy European lingerie leader DBApparel - owner of the DIM, Playtex, Wonderbra and Shock Absorber brands - in a EUR400m (US$545m) deal.

US: Hanesbrands Q1 earnings tumble but beat estimates Michelle Russell | 25 Apr 14

Apparel group Hanesbrands saw its earnings tumble in the first quarter but minus acquisition costs, profits beat analyst expectations.

Top stories this week on just-style... Katie Smith | 21 Mar 14

The most-read stories on just-style this week include a look at why Hanesbrands is optimistic about the year head, the launch of a new worker safety project in Bangladesh, and Sri Lanka setting its sights on game-changing ethical solutions for the apparel and textile sectors.

Supply chain the "secret sauce" for Hanesbrands Leonie Barrie | 19 Mar 14

An upbeat Hanesbrands has raised its guidance for the year ahead and expects sales to break through the $5bn barrier for the first time. At the heart of this momentum is its Innovate-to-Elevate strategy, combining brand power with product innovation - and a low-cost supply chain that the basic apparel maker sees as its "secret sauce."

Hanesbrands on track with Maidenform integration Leonie Barrie | 19 Mar 14

Six months after Hanesbrands' US$581m acquisition of intimate apparel maker Maidenform, the company has a team of 200 people working across 53 projects to integrate the two businesses.

In the money: Maidenform helps Hanesbrands in choppy waters Richard Woodard | 30 Jan 14

Nearly four months in, and it’s fair to say that Hanesbrands chairman and CEO Rich Noll has no regrets over the company’s US$581m acquisition of Maidenform in October last year.

US: Hanesbrands FY profit leaps after Maidenform buy Richard Woodard | 30 Jan 14

The acquisition of Maidenform and lower cotton costs helped apparel business Hanesbrands to more than double its full-year profit to US$330.5m.

US: Hanesbrands and Unifi extend yarn purchase deal Katie Smith | 25 Nov 13

Basic apparel manufacturer Hanesbrands and yarn maker Unifi have agreed to extend a yarn purchase deal to March 2014.

In the money: Hanesbrands laughs off retail woes Richard Woodard | 31 Oct 13

This year’s back-to-school retail selling season wasn’t the most lucrative on record, but that doesn’t seem to be bothering Hanesbrands too much.

US: Hanesbrands Q3 profit lifts on stronger margins Richard Woodard | 31 Oct 13

Apparel group Hanesbrands posted a double-digit third quarter profit increase, boosted by fatter margins and improved market share.

US: Skechers, Levi Strauss top customer satisfaction survey Katie Smith | 18 Oct 13

Customer satisfaction with athletic footwear and apparel manufacturers, including Skechers and Levi Strauss, remains high, new research suggests.

US: Hanesbrands to axe half of Maidenform's workforce Katie Smith | 17 Oct 13

Basic apparel manufacturer Hanesbrands will lay off nearly half of Maidenform Brands' 1,330 staff worldwide as part of its US$583m merger with the rival intimate apparel maker.

US: HanesBrands completes US$583m Maidenform buy Leonie Barrie | 7 Oct 13

T-shirt and underwear manufacturer Hanesbrands has completed its acquisition of rival intimate apparel maker Maidenform Brands in a deal worth US$583m.

In the money: PVH on track with Warnaco integration Katie Smith | 12 Sep 13

PVH Corp says it is on track with the integration of the Warnaco business it bought earlier this year, despite the fact acquisition costs pushed the apparel giant to a second-quarter loss.

US: Maidenform Q2 net income falls 31% Richard Woodard | 8 Aug 13

Revenue falls in both wholesale and retail segments sent intimate apparel business Maidenform Brands to a 31% fall in second quarter net profit.

US: Just My Size bra features "smart" sizes Leonie Barrie | 7 Aug 13

Designed to address the unique fit challenges of plus-size women, the new Pure Comfort Bra from JMS/Just My Size features a seamless construction and five "smart" sizes.

In the money: Hanesbrands tight-lipped on Maidenform plans Katie Smith | 31 Jul 13

Basic apparel manufacturer Hanesbrands is looking to "take advantage" of the recent US$575m Maidenform Brands acquisition but remained tight-lipped on its plans for the lingerie maker.

US: Hanesbrands Q2 profit soars on lower cotton costs Katie Smith | 31 Jul 13

Basic apparel manufacturer Hanesbrands has seen its second-quarter net profit soar thanks to substantially lower cotton costs and its innovate-to-elevate initiatives.

US: Hanesbrands acquires lingerie maker Maidenform Katie Smith | 24 Jul 13

T-shirt and underwear manufacturer Hanesbrands is to acquire rival intimate apparel maker Maidenform Brands for US$575m, as it looks to drive growth and create increased scale to serve retailers.

US: Hanesbrands promotes Evans to COO Katie Smith | 20 Jun 13

T-shirt and underwear manufacturer Hanesbrands has promoted Gerald Evans to the position of chief operating officer.

US: HanesBrands swings to Q1 profit Petah Marian | 24 Apr 13

HanesBrands has swung to a first quarter profit as margins improved on lower cotton costs and a better product pricing environment.

CHINA: Green Textile Summit to discuss industry issues Leonie Barrie | 19 Apr 13

Efforts to improve the sustainability of China's textile sector will come under the spotlight at an annual conference taking place in Beijing in June, with speakers including executives from China National Textile and Apparel Council, Bureau Veritas, Hanesbrands and Greenpeace.

Comment: Three cheers for a living wage! Michael Lavergne | 12 Feb 13

The concept of paying a living wage for garment workers in developing countries is not new – yet its implementation continues to present challenges across the apparel supply chain, as Michael Lavergne explains.

INDIA: Arvind in licence deal with Hanesbrands Petah Marian | 12 Feb 13

Arvind Lifestyle Brands has revealed its ambitions in the branded underwear segment, entering a licensing agreement to sell basic and intimate apparel under the Hanes and Wonderbra brands.

In the money: Hanesbrands eyes acquisitions to drive growth Katie Smith | 7 Feb 13

Hanesbrands chairman and CEO Richard Noll has revealed that the apparel company may look to invest in acquisitions to drive growth and strengthen its business portfolio.

US: Hanesbrands hails debt cut as Q4 profit soars Richard Woodard | 6 Feb 13

Apparel company Hanesbrands ended fiscal 2012 with a near doubling in net profit following a reduction in debt and its exit from under-performing businesses.

Global: Brands accused of "fuelling modern-day slavery" Petah Marian | 20 Nov 12

A number of major clothing brands have been accused of "fuelling modern-day slavery" through their failure to address child and forced labour in their supply chains, according to a report released by the Not For Sale campaign.

US: Hanesbrands to expand Woolwine fabric plant Katie Smith | 20 Nov 12

US clothing manufacturer Hanesbrands has revealed plans to double production at its Woolwine fabric plant in Virginia by adding new knitting machines.

US: Hanesbrands sees Q3 profits rise Petah Marian | 24 Oct 12

US clothing company HanesBrands saw third-quarter net income rise on the back of increasing sales and improving margins.

Top stories on just-style this week... Katie Smith | 3 Aug 12

Top stories on just-style this week include a look at the challenges facing continued garment export growth in Bangladesh, the launch of Adidas' DryDye t-shirts and an interview with Fernando Capellán, founder and president of Grupo M.







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