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Hanesbrands Announces $2 Million Investment In Historically Black Colleges And Universities As Part Of Commitment To Creating Opportunity For All

Jan 13, 2022•over 3 years ago

Amount Raised

$2 Million

Round Type

seed

Description

HanesBrands, a global leader in iconic apparel brands, today announced a $2 million investment in three historically black colleges and universities (HBCUs). The four-year partnership involves North Carolina A&T, Pensole Lewis College of Business & Design and Winston-Salem State University.

Company Information

Company

Hanes Brands

About

HanesBrands (NYSE: HBI) makes everyday apparel that is known and loved by consumers around the world for comfort, quality and value. Among the company’s iconic brands are Hanes, the leading basic apparel brand in the United States; Champion, an innovator at the intersection of lifestyle and athletic apparel; and Bonds, which is setting new standards for design and sustainability. HBI employs 61,000 associates in 47 countries and has built a strong reputation for workplace quality and ethical business practices. The company, a longtime leader in sustainability, has set aggressive 2030 goals to improve the lives of people, protect the planet and produce sustainable products. HBI is building on its unmatched strengths to unlock its #FullPotential and deliver long-term growth that benefits all of its stakeholders.