HanesBrands, a US-based global marketer of branded everyday basic apparel, reported only a 1.3% decline in its net sales to $1.73bn during Q2, and net income for the quarter rose to $161.8m from $149.5m.
Canada-based Elmau & Associates said Jeffrey M. Clair has joined it as Executive VP of Sales, North America. He “will be responsible for accelerating the growth of licensed branded clothing lines for the Kangol brand”.
After the retirement of previous chief executive officer Gerald W. Evans Jr. was announced in March, HanesBrands has announced Stephen B. Bratspies as the company's new CEO and board member, effective August 3.
The North Carolina-based owner of brands including Hanes and Champion reported a Q1 loss on Thursday, as a stronger-than-expected performance early in the quarter was undermined by the coronavirus pandemic.
HanesBrands announced on Tuesday that it has signed a multiyear agreement with e-commerce giant Amazon for the exclusive distribution of its value-priced C9 Champion brand, previously available only at Target stores.