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Pacific Brands Underwear Group, known under its core brand Bonds, was an Australian manufacturer and is now a subsidiary of Hanesbrands. It is an importer of men's, women's and children's underwear and clothing. The head office is located at 115 Cotham Rd in Kew, Melbourne. They sell a range of clothing including underwear and sleepwear.
During Morphet's leadership of Pacific Brands, sales had fallen by 15 per cent and net profit by 40 per cent. EPS decreased from 11.5 cents/share to 3.0 cents/share. [14] In October 2011, Pacific Brands shareholders voiced their disapproval for its remuneration report. There was a backlash from investors due to Pacific Brands bonuses. [15]
In 2016, HanesBrands acquired Pacific Brands for US$800 million, [8] adding the Bonds and Berlei brands to its portfolio, as well as the Sheridan luxury linen brand. In February 2018 the Hanes Australasia division also acquired the Bras N Things brand for an estimated AU$500 Million. [9]
On July 15, 2016, Hanes acquired the Australian-based clothing and underwear and clothing company Pacific Brands [13] In October 2017, Hanes announced a $60 million acquisition of Norcross, GA based Alternative Apparel. [14] In 2018, the company opened its first brick-and-mortar Champion brand retail store in Los Angeles. [15]
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Tontine manufactures pillows under its own brands and also under house brands for retailers. In 2002 it produced 3.6 million pillows per year. In 2002 it produced 3.6 million pillows per year. A former general manager of Tontine claimed that "Tontine is unique in the world because it is a strong pillow brand in what is a commodity market ," she ...
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