Gildan buys Hanesbrands to boost ‘growth’ in basic apparel market
The Gildan-Hanesbrands merger, which has an enterprise value of approximately $4.4bn for HanesBrands, aims to leverage the operational strengths of…
HanesBrands
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Hanesbrands swings to Q2 profit as transformation plan pays off
For the Q2 period ending 28 June, sales at Hanesbrands increased 1.8% to $991.3m Gross profit substantially improved by 38%…
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HanesBrands CEO to depart as Q4 2024 sales beat expectations
HanesBrands board of directors has started the process of finding a new CEO (chief executive) and has engaged the services…
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Authentic Brands Group’s purchase of Champion deemed ‘good’ move
Global brand development and marketing platform Authentic Brands Group (Authentic) expects its $1.2bn acquisition of the Champion Athleticwear brand to…
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US quarterly financial digest: Hanesbrands, Under Armour
Hanesbrands hopes to return to growth in Q4 after a positive Q3. Meanwhile, Ralph Lauren raised its outlook after its…
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Week in data: Primark H1, JD Sports acquisition, Express bankruptcy
This week’s top apparel-related datasets ranged from Primark expanding its Click + Collect service across the UK after an impressive…
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Hanesbrands on track for zero waste operations by 2025
Hanesbrands 2023 Sustainability Summary Report said it is making strides toward reaching its 2025 and 2030 goals around its pillars…
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HanesBrands’ Champion sale sparks ‘strong interest’ despite ‘fixes’ required
HanesBrands CEO Steve Bratspies revealed in the company's fourth quarter earnings conference call the process of selling its global Champion…
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HanesBrands sales slide again in Q4 despite Champion reboot plan
HanesBrands net sales for Q4 decreased 12% compared to the prior year with its Champion brand sales decreasing 23% globally…
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Apparel brands ‘ignoring’ water risks
Planet Tracker analysed 3,900 documents, transcripts and filings from 29 major apparel brands to asses how they manage water-related risks.…
