About Hanes
Hanes is a company based in Clinton (United States) founded in 1901. It operates as a Direct-to-Consumer (D2C). The company has 41,000 employees as of December 31, 2024. Hanes has completed 5 acquisitions, including Alternative Apparel, Bras N Things and DBApparel. Hanes offers products and services including Comfortable Clothing. Hanes operates in a competitive market with competitors including Inditex, Everlane, True Religion Apparel, American Eagle Outfitters and Chubbies Shorts, among others.
- Headquarter Clinton, United States
- Employees 41000 as on 31 Dec, 2024
- Stage Public
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Hanesbrands Inc.
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Annual Revenue
$3.51 B-3.63as on Dec 31, 2024
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Net Profit
$-206.27 M-1063.66as on Dec 31, 2024
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EBITDA
$501.46 M31.21as on Dec 31, 2024
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Latest Funding Round
$758.47 K (USD), Grant
Mar 17, 2021
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Investors
Tikehau Capital
& 1 more
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Employee Count
41000
as on Dec 31, 2024
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Investments & Acquisitions
Alternative Apparel
& 4 more
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IPO & Listings of Hanes
Hanes is a publicly listed company on the NYSE with ticker symbol HBI in USA, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Hanes
Hanes offers a comprehensive portfolio of products and services, including Comfortable Clothing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Clothing designed for comfort across all body types.
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Software Development Team
65 people
Sales and Marketing
64 people
Product Management Team
51 people
Leadership Team
43 people
Senior Team
29 people
Finance and Accounting
29 people
Data Analysis and Operations Team
24 people
Operations Team
16 people
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Funding Insights of Hanes
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $758,472
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First Round
First Round
(26 May 2009)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Grant - Hanes | Valuation |
investors |
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| May, 2016 | Amount | Debt – Conventional - Hanes | Valuation |
investors |
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| Aug, 2013 | Amount | Post-IPO - Hanes | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hanes
Hanes has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Tikehau Capital and Ministères Aménagement du territoire Transition écologique. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Debt and equity investments are managed by the private fund.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hanes
Hanes has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Alternative Apparel, Bras N Things and DBApparel. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Fashion products are retailed online by Game7Athletics.
|
2007 | ||||
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Circulation pumps and related services are provided to various clients.
|
2000 | ||||
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Brand of casual apparel for men and women
|
1995 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hanes
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hanes Comparisons
Competitors of Hanes
Hanes operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Inditex, Everlane, True Religion Apparel, American Eagle Outfitters and Chubbies Shorts, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Retailer of fashion products
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| domain | founded_year | HQ Location |
Multi-category fashion products are offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Internet first brand of fashion apparel wear for men and women
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| domain | founded_year | HQ Location |
Multi-category fashion products for men and women are offered.
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| domain | founded_year | HQ Location |
Men's casual apparel and swimwear are designed and retailed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hanes
Frequently Asked Questions about Hanes
When was Hanes founded?
Hanes was founded in 1901 and raised its 1st funding round 108 years after it was founded.
Where is Hanes located?
Hanes is headquartered in Clinton, United States.
Who is the current CEO of Hanes?
Gerald Evans is the current CEO of Hanes.
How many employees does Hanes have?
As of Dec 31, 2024, the latest employee count at Hanes is 41,000.
What is the annual revenue of Hanes?
Annual revenue of Hanes is $3.51B as on Dec 31, 2024.
What does Hanes do?
Comfortable clothing is offered by Hanes for diverse body types. Products are categorized for men, women, and kids, focusing on everyday wear. Solutions are developed to ensure comfort and style in apparel. The company operates within the consumer goods sector, emphasizing accessibility and quality in clothing.
Who are the top competitors of Hanes?
Hanes's top competitors include True Religion Apparel, Everlane and Inditex.
What products or services does Hanes offer?
Hanes offers Comfortable Clothing.
Is Hanes publicly traded?
Yes, Hanes is publicly traded on NYSE under the ticker symbol HBI.
How many acquisitions has Hanes made?
Hanes has made 5 acquisitions, including Alternative Apparel, Bras N Things, and DBApparel.
Who are Hanes's investors?
Hanes has 2 investors. Key investors include Tikehau Capital, and Ministères Aménagement du territoire Transition écologique.
What is Hanes's ticker symbol?
The ticker symbol of Hanes is HBI on NYSE.
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