HanesBrands announced today that it intends to redeem the final $147.1 million of its Floating Rate Senior Notes due 2014, which will complete the retirement of approximately $300 million of floating-rate bond debt as planned in 2012.
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Frigid Conditions
Winter is coming … and your clients probably need new jackets. Here’s what you need to know to make sure the next logoed jacket you sell is warm, durable, attractive and White Walker-proof. (We didn’t actually test that last one.)
Read MoreHanesBrands Uses Stronger Credit Profile to Reduce Borrowing Costs of Revolving Loan Facility
HanesBrands, the apparel supplier based in Winston-Salem, N.C., announced today that it has negotiated an amendment to its revolving loan facility credit agreement that reduces borrowing costs and extends the revolver’s maturity date.
Read MoreThe Fastest Growing and Dying Industries in America, 2012 Edition
IBISWorld has released its updated list of the fastest growing and dying industries in America, and we’re comparing it to the 2011 edition to see what it says about our economy.
Read MoreHanesBrands Announces Imagewear Strategy, Exits Private-Label Industry and Plans Divestiture of Outer Banks
HanesBrands announced Wednesday morning that it will narrow the focus of its worldwide imagewear business, which sells basic apparel to wholesalers in the screen-print market. The company is announcing the sale of its European imagewear division and, in the United States, the exit from the private-label category and the planned divestiture of its Outer Banks brand.
Read MoreHanesBrands Continues to Shrink Wholesale Business in First-Quarter Report
This week, HanesBrands reported financial results for the first quarter ended March 31, 2012, confirming a statement made in February that the company is working to decrease its presence in the wholesale apparel industry.
Read MoreHanes Sustainability Efforts Earn Coveted U.S. EPA Energy Star Sustained Excellence Award
The U.S. Environmental Protection Agency (EPA) has awarded HanesBrands with the highly coveted Energy Star Sustained Excellence Award as a 2012 Energy Star Partner of the Year, the company’s third consecutive partner for the year honor.
Read MoreHanesBrands Reports Fiscal 2011 Results, Will “De-emphasize the Promotional Basic Sector” in 2012
HanesBrands reported its financial results for the fourth quarter and fiscal year ended Dec. 31, 2011. Citing competitive pricing and record cotton costs, the company said it would reduce its presence in the promotional market in 2012.
Read MoreHanesBrands Fourth-Quarter 2011 Earnings Announcement and Investor Conference Call Scheduled for Today
Apparel manufacturer HanesBrands will host a live Internet audio webcast of its 2011 fourth-quarter investor conference call today at 4:30 p.m. EST.
Read MoreThe Graphic Cow Reclaims T-shirt World Record
Andy Coyne from The Graphic Cow reclaimed the Guinness World Record for number of T-shirts worn by an individual at the PPAI Expo 2012 in Las Vegas on Jan. 5. Coyne wore 249 Hanes T-shirts to establish the new record.
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