Exhibit 99.1

HanesBrands

1000 East Hanes Mill Road

Winston-Salem, NC 27105

(336) 519-8080

				news release

FOR IMMEDIATE RELEASE

HANESBRANDS REPORTS THIRD-QUARTER 2011 RESULTS AND UPDATES FULL-YEAR 2011 GUIDANCE FOR EPS AND SALES GROWTH

WINSTON-SALEM, N.C. (Nov. 2, 2011) – HanesBrands (NYSE: HBI) today reported strong third-quarter earnings growth of 44 percent on record margins and a 5 percent sales increase.

Diluted earnings per share in the quarter increased to $0.91, compared with $0.63 a year ago. The operating profit margin of 12.4 percent was an all-time high, increasing 270 basis points over the prior year, while the gross profit margin expanded 360 basis points despite higher cotton and commodity costs.

Earnings growth significantly outpaced sales growth as a result of strong segment operating profitability in Innerwear, up 44 percent, Outerwear, up 45 percent, and Direct to Consumer, up 16 percent. The November 2010 acquisition of Gear For Sports contributed significantly to Outerwear profit growth, although segment operating profit still increased 10 percent without the benefits.

Net sales for the third quarter increased 5 percent to $1.23 billion, up from $1.17 billion. Sales for Innerwear, the company’s largest segment, were up slightly. Socks and male underwear, the product categories with the largest price increases, performed best with sales increases of 4 percent and 10 percent, respectively. Product price increases have been successful, and even with the most recent price increase taken in late September, unit elasticity is running at or better than expectations. The growth in Innerwear basics in the quarter was offset by declines in intimate apparel. The Outerwear segment increased 11 percent due to the acquisition of Gear For Sports, and International segment sales growth was 12 percent.

Overall, profit growth in the quarter was above the company’s expectations due to strong net price, mix of products sold, and cost control. Sales growth was below the company’s expectations in part due to the softer-than-expected retail environment during the key back-to-school period of August as well as retailers’ focus on tightly managing inventory levels in this inflationary environment. Importantly however, point-of-sale trends have rebounded in September and October. Given current trends, Hanes remains confident in its ability to deliver strong 2011 EPS growth of more than 25 percent and is narrowing its guidance range for full-year EPS to $2.75 to $2.85, the middle of its previous range.

“We are very pleased with our strong profit and margin growth in the third quarter. It validates our investment in our brands, our approach to managing inflation with price, and our ability to control costs,” Hanes Chairman and Chief Executive Officer Richard A. Noll said. “We will stay focused on executing our strategies to deliver strong results for the remainder of 2011.”

HanesBrands Reports Third-Quarter 2011 Results and Updates Full-Year 2011

Guidance for EPS and Sales Growth – Page 2

Financial Highlights and Business Segment Summary

Key business segment highlights include:

Segment sales increased 1 percent in the quarter. Retailers experienced softness in store traffic and consumer spending in the key back-to-school sales month of August, although point-of-sale patterns returned to favorable levels in September and October. As a result of inflation, retailers are more tightly managing inventory levels than Hanes expected.

The strength of the company’s brands was reflected in the impact of price increases for cotton products in the quarter with unit elasticity within the company’s expectations. For example, Hanes has taken multiple price increases this year on underwear and socks, but both were among the best performing product categories in Innerwear and unit declines are now running better than company assumptions.

Sales declined for intimate apparel as a result of the back-to-school and inventory issues noted above as well as slowing spending trends for the company’s key intimate apparel consumer demographic of women over 35 years old.

“Brands are more important than ever, and our price increases for cotton products are helping us mitigate the margin pressure from cotton and other cost inflation,” said William J. Nictakis, Hanes’ co-chief operating officer. “In addition to price increases in February and June, we instituted another price increase in late September for cotton-based products, and early point-of-sale performance is good. While cautious about the consumer environment, we are focused on maintaining historical norms for margins and addressing weakness in the intimate apparel categories.”

Excluding Gear For Sports, segment sales declined 10 percent as a result of a retailer’s decision to focus the company’s Just My Size brand toward more core basics versus a mix with fashion-oriented lines and as a result of general retailer inventory control based on a cautious outlook for consumer spending.

The sales, operating profit and acquisition synergies related to Gear For Sports are all progressing in line with company expectations. The company has announced that Gear For Sports’ screen-printing facility in Chillicothe, Mo., will close in December and production will be transferred to a new production facility in Reynosa, Mexico, that will support Gear For Sports and other Hanes graphic apparel businesses.

HanesBrands Reports Third-Quarter 2011 Results and Updates Full-Year 2011

Guidance for EPS and Sales Growth – Page 3

The company had continued strong double-digit sales growth in Asia and South America. The asset acquisition of TNF Group in Australia contributed a quarter of the International segment’s sales growth.

Excluding changes in currency exchange rates, segment operating profit decreased 12 percent and sales increased 6 percent.

2011 Guidance and Macro Trend Discussion

The company expects fourth-quarter net sales of $1.2 billion to $1.3 billion and diluted EPS of $0.47 to $0.57, which equates to $2.75 to $2.85 for the full year. EPS projections assume: efficiency savings from supply chain optimization and the expectation that added costs in 2010 to service strong growth will not recur in 2011; continued investment in trade and media spending consistent with the company’s historical rate; slightly higher interest expense; and a higher full-year tax rate that could range from a percentage in the teens to the low 20s.

Hanes continues to expect free cash flow in 2011 of approximately $100 million to $200 million in spite of higher-than-expected inflation. Included in the free-cash-flow expectation is the substantial impact of inflation on all year-end working capital components, including inventory, accounts receivable and accounts payable.

The company expects its year-end net debt to decrease over 2010 by the amount of free cash flow generated in 2011 and expects its year-end net-debt leverage ratio to improve to 3.0 to 3.5 times EBITDA.

Note on Proprietary Information

As previously communicated, Hanes believes that it has a competitive advantage in managing its business during changing economic environments as a result of both its supply chain visibility and its extensive knowledge of consumer purchasing behavior. Therefore, the company plans to continue treating certain data, such as future cotton cost positions and product pricing details, as proprietary information until actual results are reported.

Note on Non-GAAP Terms and Definitions

EBITDA, net debt, net-debt leverage ratio, and free cash flow are not generally accepted accounting principle measures. EBITDA is earnings before interest, taxes, depreciation and amortization. Net debt is defined as the total of notes payable, current portion of debt and long-term debt, less cash and cash equivalents. The year-end net-debt leverage ratio is calculated by dividing net debt by full-year EBITDA. Free cash flow is defined as net cash provided by operating activities less net capital expenditures.

HanesBrands Reports Third-Quarter 2011 Results and Updates Full-Year 2011

Guidance for EPS and Sales Growth – Page 4

Hanes has chosen to provide these measures to investors to enable additional analyses of past, present and future operating performance and as a supplemental means of evaluating Hanes’ operations. This non-GAAP information should not be considered a substitute for financial information presented in accordance with GAAP and may be different from non-GAAP or other pro forma measures used by other companies. See Table 2 for more EBITDA information. Forward-looking non-GAAP measures have not been reconciled to comparable GAAP measures because not all of the information necessary for a quantitative reconciliation is available without unreasonable effort.

Webcast Conference Call

Hanes will host a live Internet webcast of its quarterly investor conference call at 4:30 p.m. EDT today. The broadcast may be accessed on the home page of the HanesBrands corporate website, www.hanesbrands.com. The call is expected to conclude by 5:30 p.m.

An archived replay of the conference call webcast will be available in the investors section of the HanesBrands website. A telephone playback will be available from approximately midnight EDT today through midnight EST Nov. 9, 2011. The replay will be available by calling toll-free (855) 859-2056, or by toll call at (404) 537-3406. The replay pass code is 22420213.

Cautionary Statement Concerning Forward-Looking Statements

Statements in this press release that are not statements of historical fact are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including those regarding our long-term goals and trends associated with our business, as well as guidance as to future performance. Examples of such statements include the statements that follow the heading “2011 Guidance and Macro Trend Discussion” above. These and other forward-looking statements are made only as of the date of this press release and are based on our current intent, beliefs, plans and expectations. They involve risks and uncertainties that could cause actual future results, performance or developments to differ materially from those described in or implied by such forward-looking statements. These risks and uncertainties include the following: our ability to successfully manage social, political, economic, legal and other conditions affecting our domestic and foreign operations and supply-chain sources; the impact of significant fluctuations and volatility in various input costs, such as cotton and oil-related materials, utilities, freight and wages; the impact of natural disasters; the impact of the loss of one or more of our suppliers of finished goods or raw materials; our ability to effectively manage our inventory and reduce inventory reserves; our ability to optimize our global supply chain; consumer spending levels and the price elasticity of our products; the risk of inflation or deflation; our ability to continue to effectively distribute our products through our distribution network; financial difficulties experienced by, or loss of or reduction in sales to, any of our top customers or groups of customers; gains and losses in the shelf space that our customers devote to our products; the highly competitive and evolving nature of the industry in which we compete; our ability to keep pace with changing consumer preferences; the impact of any inadequacy, interruption or failure with respect to our information technology or any data security breach; our debt and debt service requirements that restrict our operating and financial flexibility and impose interest and financing costs; the financial ratios that our debt instruments require us to maintain; future financial performance, including availability, terms and deployment of capital; our ability to comply with environmental and occupational health and safety laws and

HanesBrands Reports Third-Quarter 2011 Results and Updates Full-Year 2011

Guidance for EPS and Sales Growth – Page 5

regulations; costs and adverse publicity from violations of labor or environmental laws by us or our suppliers; and other risks identified from time to time in our most recent Securities and Exchange Commission reports, including our annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, registration statements, press releases and other communications. Except as required by law, the company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.

HanesBrands

HanesBrands is a socially responsible leading marketer of everyday basic apparel under some of the world’s strongest apparel brands, including Hanes, Champion, Playtex, Bali, JMS/Just My Size, barely there, Wonderbra and Gear For Sports. The company sells T-shirts, bras, panties, men’s underwear, children’s underwear, socks, hosiery, casualwear and activewear produced in the company’s low-cost global supply chain. Hanes has approximately 55,000 employees in more than 25 countries and takes pride in its strong reputation for ethical business practices. More information about the company and its corporate social responsibility initiatives, including environmental, social compliance and community improvement achievements, may be found on the Hanes corporate website at www.hanesbrands.com. Hanes is a U.S. Environmental Protection Agency Energy Star Partner of the Year for 2010 and 2011 and ranks No. 91 on Newsweek magazine’s Top 500 greenest U.S. company rankings.

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TABLE 1

HANESBRANDS INC.

Condensed Consolidated Statements of Income

(Amounts in thousands, except per-share amounts)

(Unaudited)

TABLE 2

HANESBRANDS INC.

Supplemental Financial Information

(Dollars in thousands)

(Unaudited)

TABLE 3

HANESBRANDS INC.

Condensed Consolidated Balance Sheets

(Dollars in thousands)

(Unaudited)

TABLE 4

HANESBRANDS INC.

Condensed Consolidated Statements of Cash Flows

(Dollars in thousands)

(Unaudited)