THE MARKET Look into any closet or drawer in America, and chances are you’ll find something with the Hanes label. In fact, more than 8 out of 10 American households wear Hanes. Hanes is the leading brand of underwear, socks, and casual apparel for men, women, and children in the United States. 42 ACHIEVEMENTS Hanes leads almost every consumer survey in apparel brand recognition and reputation. Hanes has ranked No. 1 the last three years in the Women’s Wear Daily consumer brand awareness survey. DNR, a men’s fashion and retail trade publication, ranks Hanes No. 3 in fashion brands most familiar to American males. Hanes has been consistently rated the No. 1 men’s apparel brand in a biennial survey by DSN Retailing Today. But perhaps the most meaningful tribute to the brand were the results of a recent survey by NPD Group Inc., rating Hanes as the most comfortable and best-fitting brand in America. HISTORY The P. H. Hanes Knitting Co. began producing men’s one-piece underwear in 1901. That same year P. H. Hanes’s brother, J. Wesley Hanes, formed Shamrock Mills Co. to produce men’s hosiery. By 1920, both companies had expanded and refocused. P. H. Hanes made undershirts, briefs, sleepwear, and knitted shorts, and Hanes Hosiery, as it was renamed, focused on women’s hosiery. In the 1940s, both companies participated in the war effort, supplying underwear and nylon for the military. In 1965, the two Hanes companies merged to form Hanes Corporation. Over the years, Hanes was acquired by Consolidated Foods, which became Sara Lee Corporation. In September 2006, Hanesbrands Inc. became an independent apparel company, traded on the New York Stock Exchange, encompassing a portfolio of famous brands including Hanes, Champion, Playtex, Bali, L’eggs, Just My Size, Barely There, and Wonderbra. THE PRODUCT Hanes has an extensive line of products for the whole family including: • Underwear • T-shirts • Casualwear • Bras • Sleepwear • Panties • Socks • Sweats Hanes is a share leader in T-shirts, socks, bras, men’s underwear, panties, kids’ underwear, and fleece. and Mike Ditka, and commercials for the women’s lines featuring Carol Alt and Phylicia Rashad. In the 1990s, Hanes introduced new commercials featuring football great Joe Montana and Michael Jordan in a new campaign, “Just Wait’ll We Get Our Hanes on You.” In 2002, a Hanes commercial featuring Jordan pulling the latest Hanes boxers and briefs out of his gym bag rated one of the 10 best commercials of the year by IAG Research. Michael also introduced the tagless T-shirt, urging men to “go tagless.” A second TAGLESS® T-shirt commercial featuring Michael Jordan and martial arts actor Jackie Chan debuted during Super Bowl XXXVII. RECENT DEVELOPMENTS With the inception of Hanesbrands Inc., the Hanes brand enters a new era. The international headquarters of Hanesbrands is in WinstonSalem, North Carolina, where the Hanes companies were founded more than 100 years ago. Building on the successful rollout of TAGLESS® T-shirts, underwear and more, the first new Hanes product initiative as part of Hanesbrands is the launch of the ComfortSoft® waistband in underwear, ComfortSoft® fabric in men’s T-shirts, and ComfortSoft™ straps on the new All-Over Comfort bras promoted by Jennifer Love Hewitt. The consumer message rings clear: if it’s Hanes, you know it will be soft and comfortable. PROMOTION The current “Look Who” advertisements started in 2004 and have included Michael Jordan, Kevin Bacon, Matthew Perry, Marisa Tomei, Damon Wayans, and Christina Applegate. Now, with Jordan (a spokesperson for Hanes underwear since 1989) and Hewitt promoting ComfortSoft® underwear and All-Over Comfort bras in multichannel campaigns, Hanes is stirring customer enthusiasm. In 2007, Cuba Gooding Jr. joins the advertising mix for the men’s lines. These campaigns continue a heritage of popular consumer advertising. People fondly remember the 1980s’ ads with the hard-nosed Inspector 12 who declared, “They don’t say Hanes until I say they say Hanes.” During those same years, Hanes also created the “After the Game” series featuring athletes such as Boomer Esiason, Lyle Alzado, Steve Largent, BRAND VALUES The core qualities of Hanes — comfort, quality, and value — are strongly resonating with consumers, who describe the brand as “authentic,” “stylish,” “up-to-date,” and the “preferred brand.” THINGS YOU DIDN’T KNOW ABOUT HANES ❍ Hanes has ranked No. 1 the last three years in the Women’s Wear Daily consumer brand awareness survey. ❍ Hanes sells enough women’s casualwear Tshirts in one year that — when folded and stacked — they would be as tall as 96 Empire State Buildings. ❍ There are approximately three and a half miles of yarn in a Hanes T-shirt. 43
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