HanesBrands, which has a large corporate presence throughout the Winston-Salem, NC area has decided to move its corporate headquarters to the downtown business corridor of the city, reported WFMY News.

The Park Building at 101 N. Cherry St. in the downtown area fits the Company's strategy as it focuses on strengthening its operating model, simplifying the business, and streamlining operations. The newly renovated, modernized space will provide HanesBrands associates with an energetic environment that promotes collaboration and innovation while driving its strategic growth initiatives forward," the company said in an online news release,

According to the company, HanesBrands (NYSE: HBI) makes everyday apparel through brands including Hanes, Champion, Bonds, Maidenform, and Bali, America's number one national bra brand.