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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]
Pan Pacific Petroleum NL PPP 14 January 2002 13 October 2016 Low amount of trading [188] [189] Nuplex Industries: NPX 2 February 1967 13 September 2016 Acquired by Allnex [190] [191] [192] Speirs Group SGL 28 July 2003 29 July 2016 Corporate decision [193] Pacific Brands Limited: PBG 4 February 2004 18 July 2016 Acquired by HanesBrands. [194] [195]
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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