US: Hanesbrands FY profit leaps after Maidenform buy
By Richard Woodard | 30 January 2014
The acquisition of Maidenform and lower cotton costs helped apparel business Hanesbrands to more than double its full-year profit to US$330.5m.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
In the money: Maidenform helps Hanesbrands in choppy waters
Nearly four months in, and it's fair to say that Hanesbrands chairman and CEO Rich Noll has no regrets over the company's US$581m acquisition of Maidenform in October last year.
US: Nano-Tex fabric finish specialist sold to Crypton
Performance fabric specialist Nano-Tex has been sold by private equity firm WL Ross and Co to textile company Crypton Inc for an undisclosed sum.
US: Adidas venture fund invests in Crailar Flax fibre
Hydra Ventures BV, the corporate venture arm of sporting goods giant Adidas Group, is to invest CAD2.0m (US$1.9m) in Crailar Technologies, developer of the Crailar Flax fibre.
Market research related to this article
Hanesbrands Inc in Apparel (USA)
Hanesbrands will continue to focus on its long-held strategy of providing high-volume basics to a majority of US households. It generally maintains core styles year-to-year, with minor adjustments, and operates within relatively stable categories in ...
Apparel & Non-Apparel Manufacturing in Canada
Apparel & Non-Apparel Manufacturing in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). The profile also contains descriptions of the leading play...
Apparel & Non-Apparel Manufacturing in the United States
Apparel & Non-Apparel Manufacturing in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). The profile also contains descriptions of the l...