Hanesbrands agrees Pacific Brands deal

29/04/2016
Apparel group Hanesbrands has agreed to acquire underwear and intimiate apparel company Pacific Brands for $835 million. The Australian company owns a range of brands including underwear makes Bonds and Jockey.

“Pacific Brands is a natural addition to the HanesBrands portfolio with its strong market-leading brands that will be complemented by our global supply chain,” said Richard Noll, Hanes chairman and CEO.