HanesBrands Announces $ 2 Million Investment in Historically Black Colleges and Universities as Part of Commitment to Creating Opportunities for All

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Partnerships with North Carolina A&T, Pensole Lewis College of Business & Design, and Winston-Salem State University provide students with financial support and industry experience

Northampton, MA – News Direct– HanesBrands

WINSTON SALEM, NC, January 14, 2022 / 3BL Media / – HanesBrands, a global leader in iconic apparel brands, has 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.

University partnerships will fund research and offer financial support to students in areas ranging from sustainability to fashion design to supply chain management. The investment will build on HanesBrands’ commitment to diversity, equity and inclusion, providing opportunities for underrepresented minorities and building diverse talent pipelines.

“Inclusion is at the heart of who we are as a company and we are committed to creating opportunities for all,” said Steve Bratspies, CEO of HanesBrands. “Our partnerships with these HBCUs are part of HanesBrands’ legacy of investing in our communities. The scholarships and internships that are part of this program will ensure students have the opportunity to acquire the education and experience they need to be successful and help build a diverse and inclusive workforce. “

HanesBrands will involve university students studying computer science, data analytics, supply chain management, finance, marketing, fashion design and merchandising. The partnership includes scholarships, internships, tutoring and research grants.

“We are proud to partner with HanesBrands, not only in student support, but also in industry-relevant research,” said Chancellor Harold L. Martin, Sr. of North Carolina A&T State University. “This partnership will provide students with industry and research experience that will lead to impactful rewarding careers after graduation, as well as growing a stronger workforce for HanesBrands and North Carolina at large.”

“Our students recognize HanesBrands as a company that offers meaningful careers and is making a positive difference in our hometown of Winston-Salem,” said Chancellor Elwood L. Robinson of Winston-Salem State University. “This partnership will bring learning opportunities directly to our campus. Having real-world industry experience and building business networks will be invaluable to our students as they prepare for careers in everything from finance to fashion design to supply chain. “

“We are honored and honored that HanesBrands shares our same vision of not only seeing, but also taking the steps necessary to create a more diverse industry,” said D’Wayne Edwards, President of Pensole Lewis College of Business & Design. “The work we will co-create together will inspire, change lives and leave our industry better than when we entered it. Thanks to HanesBrands for believing in us and for inviting us to take this journey with you.”

The company will be a strategic partner of HanesBrands Apparel Studio at Pensole Lewis College of Business & Design. The Detroit-based college will open in 2022. The company will donate materials, including fabrics and raw finished products, as well as a variety of equipment to help teach students about design.

HanesBrands has a longstanding commitment to providing educational assistance and support to expand access and opportunities to disadvantaged communities. In 2020, the company established a two-year annual financial commitment of $ 50,000 in partnership with the Thurgood Marshall College Fund (TMCF) to provide scholarships to freshman students attending HBCUs. Since 1981, HanesBrands has been a business partner of Carver High School in Winston-Salem, NC and, since 2015, of Urban Dove Team Charter School in Brooklyn, NY.

These new investments support HanesBrands’ commitment to improve the lives of at least 10 million people by 2030 through diversity and inclusion initiatives, health and wellness programs, improved workplace quality and philanthropic efforts that improve local communities. .

HanesBrands is committed to making their workplace more diverse and inclusive and to providing equal opportunities for employees to reach their full potential. To learn more about HanesBrands’ commitment to people and 2030 goals, visit HBISustains.com.

About HanesBrands

HanesBrands (NYSE: HBI) produces everyday clothing 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 staple apparel brand in the United States; Champion, an innovator at the crossroads of lifestyle and sportswear; and Bonds, which is setting new standards for design and sustainability. HBI employs 61,000 people 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 people’s lives, protect the planet and produce sustainable products. HBI is leveraging its unrivaled strengths to unlock its #FullPotential and deliver long-term growth for the benefit of all its stakeholders.

Contacts

Kirk Saville Kirk.Saville@hanes.com

Source: Hanes Brands

View additional media and other ESG stories from HanesBrands at 3blmedia.com

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