×
80 630
Fashion Jobs
MACY'S
Manager, Business Administration
Permanent · Bay Shore
MACY'S
Asset Protection Detective, Quaker Bridge Mall - Part Time
Permanent · Lawrence Township
MACY'S
Asset Protection Detective, Dadeland - Full Time
Permanent · Miami
MACY'S
Asset Protection Detective, Garden State Plaza - Full Time
Permanent · Paramus
MACY'S
Asset Protection Detective, Gurnee Mills - Part Time
Permanent · Gurnee
MACY'S
Asset Protection Detective, Sunrise - Part Time
Permanent · Citrus Heights
MACY'S
Asset Protection Captain, Irving Mall - Full Time
Permanent · Irving
MACY'S
Asset Protection Detective, Monmouth - Full Time
Permanent · Eatontown
MACY'S
Asset Protection Captain, Oakland - Full Time
Permanent · Troy
MACY'S
Asset Protection Detective, King of Prussia - The Court - Full Time
Permanent · King of Prussia
MACY'S
Asset Protection Detective, Mid Rivers Mall - Part Time
Permanent · St. Peters
MACY'S
Asset Protection Detective, Los Angeles dt Broadway Plaza - Flex
Permanent · Los Angeles
MACY'S
Asset Protection Detective, Northgate - Full Time
Permanent · San Rafael
MACY'S
Asset Protection Detective, Yakima Valley Mall - Full Time
Permanent · Union Gap
MACY'S
Asset Protection Detective, Monroeville - Part Time
Permanent · Monroeville
MACY'S
Asset Protection Captain, Hillsdale - Full Time
Permanent · San Mateo
OLD NAVY
Assistant General Manager - Mall of Georgia
Permanent · Buford
FOOT LOCKER
National Sales Manager – Digital
Permanent · Bradenton
NORDSTROM
Asset Protection - Agent - Great Lakes Crossing Rack
Permanent · Auburn Hills
NORDSTROM INC
Manager - Asset Protection - San Bernardino Fulfillment Center
Permanent · San Bernardino
NORDSTROM
Asset Protection - Agent - The Shops at la Cantera
Permanent · San Antonio
SALLY BEAUTY CORPORATE
sr. Manager Category Marketing
Permanent · Denton
By
Reuters
Published
Jul 24, 2013
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Hanesbrands to buy underwear rival Maidenform Brands

By
Reuters
Published
Jul 24, 2013

Hanesbrands Inc, whose labels include the Wonderbra, said it will buy lingerie company Maidenform Brands Inc for $547 million to boost its product line up.

The offer of $23.50 per share represents a premium of 23 percent to Maidenform's closing price on Tuesday.

Hanesbrands expects the deal to add to earnings per share (EPS) within the first year of close and add 60 cents to EPS annually within three years.

"This business is a natural fit into our core business and meets all of our acquisition criteria," said Hanes Chief Executive Richard Noll.

The company said the deal will boost its intimate apparel portfolio by adding Maidenform's Flexees, Lilyette, Self Expressions and Sweet Nothings labels to its Playtex, Barely There, Wonderbra and Hanes brands.

Hanesbrands said it expects to fund the deal with cash on hand and borrowings under its credit facility.

Goldman Sachs gave financial advice to Hanes, while King & Spalding LLP is served as legal counsel.

© Thomson Reuters 2022 All rights reserved.