Hanesbrands is a global leader in vertically integrated innerwear & hosiery manufacturing, headquartered in Winston-Salem, NC, USA. Its iconic brands—Hanes, Maidenform, Bali, Playtex—comprehensively cover bras, panties, men's underwear, shapewear, everyday & functional socks, and loungewear. 2025 revenue reached approximately $3.53 billion. Operating production facilities across 30+ countries and
USAEst. 190165K+NYSE : GIL
Business Nature
A vertically integrated global manufacturer with self‑production capabilities. Hanbai is renowned for its robust own supply chain, rather than functioning merely as a brand licensor.
Core Business Areas
Women’s Underwear Strategic Core
- **Bras**: The brand portfolio includes Maidenform, Bali, and others, covering virtually all styles—wireless, sport, padded, push‑up,
## Summary: Hanesbrands Inc. (HBI)
**Hanesbrands Inc.** is a vertically integrated global apparel manufacturer headquartered in Winston-Salem, North Carolina, founded in 1901. The company specializes in intimate apparel and hosiery, operating iconic brands including Hanes, Maidenform, Bali, Playtex, Bonds, and Berlei. Originally a publicly traded company (NYSE: HBI), Hanesbrands completed a major transformation in late 2025 when Canadian apparel giant **Gildan Activewear** finalized its acquisition of Hanesbrands. As a result, Hanesbrands has been delisted from the New York Stock Exchange and now operates as a core division under Gildan (NYSE/TSX: GIL), creating a global apparel powerhouse with significantly expanded revenue scale.
The company's core business centers on intimate apparel across multiple categories: women's lingerie (bras, panties), men's underwear (where it holds the top U.S. market share for boxer briefs and briefs), shapewear, sleepwear, and both fashion and functional hosiery. Hanesbrands' competitive advantage lies in its **vertically integrated manufacturing model**, with over 70% of products produced in its own factories—a rare achievement in the apparel industry. Production facilities span more than 30 countries, with key manufacturing hubs in Vietnam, Thailand, El Salvador, and Honduras. In 2025, the company achieved approximately **$3.53 billion in revenue** and manufactured over **1.5 billion core apparel units** annually, while employing approximately 63,000-67,000 workers globally.
In 2025, Hanesbrands executed two major strategic moves: the divestment of its Champion brand (sold to Authentic Brands Group) to refocus on core innerwear operations, and the completion of its merger with Gildan. The Gildan combination leveraged Hanesbrands' manufacturing capacity with Gildan's raw material sourcing advantages, resulting in further per-unit cost reductions. Technologically, the company advanced its supply chain through an AI-driven optimization partnership with Infosys, improving data processing efficiency by 750%. Hanesbrands also launched its **"X-Temp" smart temperature-control technology** for men's underwear and performance socks. The company maintains strong international presence across 45+ countries, with中国市场 (China market) contributing meaningful growth through cross-border e-commerce and flagship store operations.
