Katie O'Brien
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Hanesbrands, Inc. Drops

Shares of Hanesbrands, Inc. (NYSE: HBI) dropped Monday, down 2.86% trading at $28.50. Shares opened at $29.22.

Over the past few days, the shares have dropped about 2%, according to American Trade Journal, with a 3% loss within the past month. The company currently boasts a market cap of $11.76 billion.

New Products

The company recently released a new line of clothing for 2015, which premiered at New York Fashion Week under a partnership with designer Bibhu Mohapatra. On a functional level, the new line of leggings and tights is made of X-Temp material, which is designed to keep wearers cool and comfortable throughout the day.

The new items are currently available in a variety of different colors and styles, allowing the customer to express themselves in conjunction with the upcoming cold weather.

"We are very proud of our exciting fall collection," explains Maria Teza, Vice President/General Manager Panties and Hosiery at HanesBrands, according to PR Newswire. "With our advancements in technological innovations coupled with shopping solutions, we are revolutionizing the legwear industry to make her look and feel extraordinary. Legwear is a beauty accessory and Hanes delivers the styles and looks she wants to express her individual style."

The items are currently available at Macy’s and online.

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