Fruit of the Loom is owned by Berkshire Hathaway (the United States, NYSE: BRK.B), which acquired the brand on 30 April 2002.[1][2] Fruit of the Loom was founded in 1851 in the United States and was independent until 2002.
Fruit of the Loom is one of the oldest American apparel brands, with a trademark registered in 1871 that is among the earliest in the country. It makes underwear and basic garments. Berkshire Hathaway bought the company out of bankruptcy in 2002 for $835 million in cash.
Berkshire Hathaway acquired Fruit of the Loom out of bankruptcy for about $835 million in cash. The underwear maker had collapsed under debt, and Berkshire bought the operating business rather than the holding company that had failed.
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Frequently asked questions
Who is the parent company of Fruit of the Loom?
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The parent company of Fruit of the Loom is Berkshire Hathaway, a holding company headquartered in the United States.
Is Fruit of the Loom American?
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Yes. Fruit of the Loom originated in the United States in 1851 and its owner, Berkshire Hathaway, is also headquartered in the United States.
When did Berkshire Hathaway buy Fruit of the Loom?
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Berkshire Hathaway completed its acquisition of Fruit of the Loom on 30 April 2002, after announcing the deal on 1 November 2001.
Who owned Fruit of the Loom before Berkshire Hathaway?
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Fruit of the Loom was an independent company from its founding in 1851 until Berkshire Hathaway acquired it in 2002.
Is Fruit of the Loom still owned by Berkshire Hathaway?
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Yes. As of 8 September 2026, Fruit of the Loom is still owned by Berkshire Hathaway. The ownership record was last checked against primary sources on that date.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.