(Source: Business Wire)

Hanesbrands Inc. (NYSE: HBI), one of the world's largest apparel
essentials companies, today announced that it has secured significant
net retail shelf-space and distribution gains that are expected to add
approximately 5 percent sales growth in 2010.
The company expects the sales growth based on current shelf-space and
program gains that significantly outnumber space and program losses,
even if consumer spending patterns continue at today's recessionary
levels.
Hanesbrands is using its brand strength and low-cost global supply chain
as a growth platform to increase market share over time and expand
distribution. The company is generating net space gains through
continued marketing investment and new-product innovation, through
distribution of core product lines to a broader set of retailers, and
through the value of its strong national brands to retailers during the
recession and beyond.
"Our goal during this recession was to continue to invest in our brands,
support our retailers and emerge as a stronger company focused on
increasing market share," Hanesbrands Chairman and Chief Executive
Officer Richard A. Noll said. "We have some of the strongest brands in
the apparel industry, and we will enter 2010 with top-line momentum. For
example, we expect at least high-single-digit growth of men's underwear
sales in 2010 solely as a result of net space gains for our Hanes
brand at all major accounts and new distribution in the mid-tier,
club-store and dollar-store channels."
Hanesbrands' 2010 sales-growth expectation of approximately 5 percent
pertains only to growth from shelf-space and distribution gains and is
not dependent on increased consumer spending. In early 2010, Hanesbrands
will provide its expectations for total 2010 net sales growth based on
the space gains, point-of-sale trends for the holiday period, the
outlook for the consumer climate in 2010, and other factors.
The incremental net space gains are concentrated in the company's
Innerwear and Outerwear segments and will more than offset the expected
losses in the Hosiery segment.
The Innerwear segment, which consists of replenishment-oriented
products, will account for more than half of the expected sales
increases from space gains in 2010. Innovative products such as Hanes
underwear T-shirts with lay-flat collars, dyed underwear briefs, and
briefs with ComfortSoft waistbands will support the expected men's
underwear sales growth from space gains of high single digits or better.
The company expects net space gains for the Innerwear segment's intimate
apparel category to add mid-single-digit sales growth next year.