Bonds (company)
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Pacific Brands Underwear Group, known under its core brand Bonds, was an Australian manufacturer and is now a subsidiary of Hanesbrands. It is an importer of men's, women's and children's underwear and clothing. The head office is located at 115 Cotham Rd in
Kew Kew () is a district in the London Borough of Richmond upon Thames. Its population at the 2011 census was 11,436. Kew is the location of the Royal Botanic Gardens ("Kew Gardens"), now a World Heritage Site, which includes Kew Palace. Kew is a ...
,
Melbourne Melbourne ( ; Boonwurrung/Woiwurrung: ''Narrm'' or ''Naarm'') is the capital and most populous city of the Australian state of Victoria, and the second-most populous city in both Australia and Oceania. Its name generally refers to a met ...
. They sell a range of clothing including underwear and sleepwear.


History

George A. Bond & Co. Limited was established in
1915 Events Below, the events of World War I have the "WWI" prefix. January * January – British physicist Sir Joseph Larmor publishes his observations on "The Influence of Local Atmospheric Cooling on Astronomical Refraction". * January ...
by George Allan Bond, an American who came to Australia in the early twentieth century. He started importing women's hosiery and gloves. In
1917 Events Below, the events of World War I have the "WWI" prefix. January * January 9 – WWI – Battle of Rafa: The last substantial Ottoman Army garrison on the Sinai Peninsula is captured by the Egyptian Expeditionary Fo ...
he began manufacturing hosiery in Redfern, Sydney. In 1918 he moved to Camperdown and began also making underwear. In 1923 Bond's company established a cotton-spinning mill at Wentworthville in western Sydney, with imported machinery costing 150 thousand pounds. The mill commenced operations in October 1923. This particular section of Wentworthville was soon renamed Pendle Hill in honour of his Scottish family origins. To facilitate easy access to Bond's Spinning Mills for employees, a railway station and eventually a whole new suburb were created. The company went into liquidation in
1929 This year marked the end of a period known in American history as the Roaring Twenties after the Wall Street Crash of 1929 ushered in a worldwide Great Depression. In the Americas, an agreement was brokered to end the Cristero War, a Catholic ...
and a public company, Bonds Industries Limited, was established. In 1970 the company merged with Coats Paton Pty Ltd. In 1987 the company was taken over by Pacific Dunlop, and it was then sold in 2001 to form a separate entity, Pacific Brands Holdings Pty Ltd. At that time also the spinning mill was closed. In 2004 Pacific Brands Limited was listed as a public company on the
Australian Stock Exchange Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...
(ASX) and the
New Zealand Exchange New Zealand's Exchange (), known commonly as the NZX, is the national stock exchange for New Zealand and a publicly owned company. NZX is the parent company of Smartshares, and Wealth Technologies. On 30 August 2020, the NZX had a total of 1 ...
(NZX). In 2006, Bonds manufactured 40% of its goods in Australia at three sites in New South Wales: Cessnock, Unanderra and Wentworthville. Pacific Brands cut 1850 jobs and ceased manufacturing in Australia by September 2010 to reduce manufacturing costs. After public outrage and media coverage of the sacked staff, a group of former employees banded together to form Tuffys & Tuffetts underwear, buying much of Bonds' old equipment and rehiring sacked staff.


Acquisition

On 28 April 2016 Pacific Brands entered into an agreement with Hanesbrands for the acquisition of 100% of the company and it became a wholly owned subsidiary of Hanesbrands on 15 July 2016.


See also

* Chesty Bond * List of sock manufacturers


References


External links

{{men's undergarments Clothing companies established in 1915 Australian companies established in 1915 Clothing brands of Australia Underwear brands Manufacturing companies based in Sydney Socks Hosiery brands