USA: Playtex Maker Sara Lee Sees Sales Slip
Playtex bra manufacturer and clothing giant Sara Lee Corp on Tuesday said it expects apparel sales to slip one per cent in 2002 due to its hosiery division and lower sales because of divestitures. The forecast was made by Cary McMillan, chief executive of Sara Lee's branded apparel business, who added he sees combined sales growth of three per cent in its core apparel businesses.