Hanesbrands Inc.

Director, Product Licensing

Posted on: 22 Nov 2024

Winston-Salem, NC

Job Description

Overview

HanesBrands (NYSE: HBI) makes everyday apparel 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 basic apparel brand in the United States; Bonds, which is setting new standards for design and sustainability; Maidenform, America’s number one shapewear brand; and Bali, America’s number one national bra brand. HBI employs 48,000 associates in approximately 30 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 the lives of people, protect the planet and produce sustainable products.

The Product Licensing Director is responsible for leading the company's product licensing efforts, developing and executing a comprehensive licensing strategy to generate revenue and drive growth. This individual will be responsible for identifying new licensing opportunities, negotiating and executing licensing agreements, and managing relationships with licensees. This role will need to work cross functionally across both Innerwear & Activewear business units to maximize brand impact and key revenue drivers.  While strongly focused on licensing and collaborations, this leader will contribute to the overall strategic merchandising of product globally.  This director will ensure licensing agreements are developed, monitored, and adhered to in terms, conditions and performance.  The Licensing Director will be responsible for ongoing relationship with Licensees and will work with Design, Merchandising, Marketing and Sales teams to assure brand alignment and execution.  The role will also be responsible for working with the senior leadership team to help identify new and innovative product opportunities for an increasingly diverse product line.

Responsibilities

Identify new licensing opportunities, including potential licensees and product categories.
Develop and execute a comprehensive licensing strategy, ensuring that the company's intellectual property is leveraged effectively to generate revenue and drive growth.
Negotiate and execute licensing agreements, including royalty rates, terms and conditions, and other key terms.
Manage relationships with licensees, ensuring that licensing agreements are executed smoothly and effectively and that licensees are meeting their obligations.
Stay informed of industry trends and best practices in product licensing, and continuously evaluate and improve the company's licensing strategy.
Collaborate with cross-functional teams, including marketing, legal, and product development, to support product licensing efforts.

Minimum Education/ Experience           

Required Education: Bachelor’s degree in business, marketing or equivalent with 10+ years relevant work experience in a related field; 4+ years of equivalent work experience can be substituted for Bachelor's degree   
Preferred Education: MBA plus 8+ years’ experience in Marketing or Licensing

Specific Skills or Experience Required

Proven ability to develop and execute successful product licensing strategies.
Experience apparel and manufacturing Direct preferred
Understand anticipate potential opportunities and challenges in the marketplace that may affect extension renewal of existing or new agreements. 
Develop licensing strategy & partner relationships that are best in class to grow brands vs. competitors
Prepare and present monthly/quarterly business reviews with HBI business units including sales, royalties, channels of distribution, retailer by product categories
Ensure compliance of agreements i.e. guarantees, distribution channels and product categories
Timely and effective communication with Legal and Finance departments
Forecasting guarantees and potential risk with Finance
Work closely with our Corporate Social Responsibility department to ensure that all licensing partners are compliant with HBI global standards (GSS).
Experience with brand collaborations is a plus.

Job Specific Competencies

Intellectual flexibility to reconsider historical approaches in business models in the context of the rapid evolution of the licensing landscape
Possess an entrepreneurial spirit, with the ability to think out of the box in order to develop innovative opportunities which will drive incremental sales
High-energy, active approach in both managing/pushing existing partners to success and identifying new opportunities
Demonstrated ability to think & see the business environment from a macro point of view, while maintaining control of critical micro success factors
Ability to manage a diverse scope of projects requiring detailed analysis, creative/practical problem solving, and sound judgment
Highly analytical person who makes decisions and influences others based on data and empirical evidence
Strong analytical and problem-solving skills, with the ability to turn data into actionable insights.
Attend & participate in industry trade shows

Core Competencies

Written/verbal communication and listening
Strong interpersonal and relationship skills
Teamwork and collaboration
Results orientation
Adaptability

Hanesbrands Inc.

Winston-Salem, NC

HanesBrands is a socially responsible manufacturer and marketer of leading everyday basic apparel under some of the world's strongest apparel brands in the Americas, Europe and Asia, as well as in Australia and South Africa. Our iconic innerwear and activewear apparel brands found in the United States and elsewhere include Hanes, Champion, Playtex, Bali, Maidenform, JMS/Just My Size, Wonderbra and Gear for Sports. Outside the United States, we also have dominant national and regional brands, including DIM, Nur Die/Nur Der, Lovable, Abanderado, Shock Absorber, Zorba, Sol y Oro, Rinbros, Track N Field and Ritmo.

We are the world’s largest marketer of basic apparel. We sell bras, panties, shapewear, sheer hosiery, men's underwear, children's underwear, socks, T-shirts, sweatshirts, fleece and other activewear. In the United States, we sell more units of intimate apparel, male underwear, socks, shapewear, hosiery and T-shirts than any other company.

Founded in 1901, Hanes has a long history of innovation, product excellence, and brand recognition. In fact, nearly 90 percent of U.S. households have our company's products in them. We revolutionized Tagless T-shirts and underwear, we invented the sports bra and the stretch-cup T-shirt bra, we were the first to advertise a bra on national television (Playtex), and we are innovating with ComfortBlend and temperature-control X-Temp fabrics and seamless Smart Sizes bras.

Our Sell More, Spend Less and Make Acquisitions strategies are driving growth and creating value for our shareholders, consumers, retailers, employees and communities. Hanes has made more than a half dozen acquisitions, including Maidenform Brands, Gear for Sports and Knights Apparel in the United States and DBApparel in Europe.

Based in Winston-Salem, N.C., Hanes is a member of the S&P 500 and is ranked No. 490 on the Fortune 500 list. The company has approximately 65,300 employees in more than 40 countries.

Unlike most apparel companies, Hanes primarily operates its own manufacturing facilities. More than 90 percent of the apparel units that we sell worldwide and in the United States are manufactured in our own plants or those of dedicated contractors.

We take great pride in our strong reputation for ethical business practices and the success of our Hanes for Good corporate responsibility program for workplace practices and community and environmental improvement. The company is the only apparel producer to ever be honored by the Great Place to Work Institute for its workplace practices in Central America and the Caribbean. In the United States, the company has earned the Forbes magazine Best Place to Work honor. Hanes has won U.S. Environmental Protection Agency Energy Star sustained excellence recognition for seven consecutive years. Hanes has significant goals for reducing energy use, carbon emissions and water use and publicly reports its progress each year.

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