Welcome to our dedicated page for Hanesbrands news (Ticker: HBI), a resource for investors and traders seeking the latest updates and insights on Hanesbrands stock.
HanesBrands Inc. (HBI) delivers essential apparel solutions through iconic brands like Hanes and Champion. This news hub provides investors and industry professionals with timely updates on corporate developments shaping the global apparel sector.
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Bookmark this page for streamlined access to HanesBrands' evolving story. Check regularly for authoritative updates about this vertically integrated apparel leader's journey in a competitive global market.
Hanes is taking action to support America’s homeless population during the COVID-19 pandemic, highlighting the need for community involvement ahead of #GivingTuesday. The company has donated over 1 million masks and nearly 300,000 pairs of socks to various organizations across all states, including Washington, D.C., and Puerto Rico. Additionally, Hanes has partnered with Rainier Fruit Company for the ‘Pears for Pairs’ initiative and continues its long-standing collaboration with Invisible People to raise awareness on homelessness. The situation is dire, with fewer shelter resources available as winter approaches.
The Drone Racing League (DRL) announced new partnerships with BODYARMOR, Champion Athleticwear, and RESPAWN for the 2020 DRL Allianz World Championship Season. These partnerships aim to engage fans through product placements and unique content. BODYARMOR's entry into esports marks a significant milestone, while Champion will launch a limited-edition DRL merchandise line. The season continues airing live on November 22 on NBC, Twitter, and Facebook, enhancing DRL's visibility and appeal within the sports industry.
Hanes, America's leading basic apparel brand, is partnering with Macy's for the 94th Annual Thanksgiving Day Parade as the 'Official Smile' of the event. Hanes will provide thousands of vibrant, co-branded face masks for participants and volunteers, promoting safety while celebrating the holiday. This initiative aligns with Hanes' ongoing efforts to support mask-wearing during the pandemic, including their #MaskAround campaign and donations of 1 million masks to those in need. The brand is also launching an Instagram giveaway on Nov. 17 to engage its audience.
HanesBrands (NYSE: HBI) has appointed Greg Hall as chief consumer officer, effective Nov. 16, 2020. CEO Steve Bratspies emphasized the company's focus on consumer-centric strategies. Hall, previously senior VP of private brands at Walmart, achieved double-digit growth in private brand groceries and held key marketing roles. He will oversee U.S. marketing, e-commerce, and global brand strategies, particularly for Hanes and Champion. This leadership move aims to enhance consumer engagement and drive growth for the company.
HanesBrands (NYSE:HBI) has received FDA authorization for its proprietary surgical face mask developed in partnership with North Carolina State University, the University of North Carolina at Chapel Hill, and UNC Health. This two-ply, single-use surgical mask features unique spun-bond fabric and a duckbill shape for enhanced breathability and fit. The mask meets FDA particulate filtration standards and is aimed at providing healthcare professionals with a reliable protective option during the COVID-19 pandemic, addressing the critical shortage of quality surgical masks.
HanesBrands (NYSE: HBI) has announced a quarterly cash dividend of $0.15 per share, payable on December 1, 2020, to stockholders on record as of the close of business on November 10, 2020. This marks the 31st consecutive quarterly cash return to stockholders, with over $1.3 billion returned since the dividend program initiated in April 2013.
HanesBrands (NYSE: HBI) is set to host an internet audio webcast for its Q3 2020 investor conference call on November 5, 2020, at 8:30 a.m. EST. The company will release its financial results for the quarter ending September 26, 2020, prior to the call. The conference will include prepared remarks and a Q&A session, with replays available post-call on their corporate website. HanesBrands operates globally, marketing essential innerwear and activewear under several renowned brands, employing approximately 63,000 people across more than 40 countries.
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