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The company went into liquidation in December 1927 and a public company, Bonds Industries Limited, was established. In 1970 the company merged with Coats Paton Pty Ltd. In 1987 the company was taken over by Pacific Dunlop, and it was then sold in 2001 to form a separate entity, Pacific Brands Holdings Pty Ltd. At that time also the spinning ...
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]
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]
In June 2024, Hanesbrands announced plans to sell the Champion brand to Authentic Brands for $1.2 billion. [21] Also in 2024, Hanesbrands announced it would move its headquarters to the Park Building in downtown Winston-Salem and that Carolina University would take over the Oak Summit headquarters where it had been located since 1993. The ...
Pacific Dunlop was a highly diversified Australian conglomerate company that operated in, among other things, the Automotive, textile, electronics and biotechnology industries. Products commercialised included tires , car batteries , cables, clothing , electronics, bedding , condoms .