US: Hanesbrands' Q1 losses better-than-expected
By Petah Marian | 20 April 2012
Hanesbrands recorded a better than expected first-quarter net loss as the basic apparel brand increased prices to offset rising cotton costs.
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In the money: Hanesbrands left counting cotton cost
Unless you've been living on Mars or have been trapped under something heavy for the past year or so, you won't need telling about the cotton price hikes of recent times.
US: Cotton costs burden Hanesbrands Q2 profit
Basic apparel maker Hanesbrands recorded a diminished profit in its second quarter despite a slight sales increase, as the company continued to be impacted by historic high cotton costs.
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