
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.
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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”.
HanesBrands launched on Thursday face masks for consumers amid the Covid-19 pandemic, as the firm completes the production and distribution of key medical supplies for the U.S. government.
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.
Hugo Boss has turned over its main German plant to the production of masks, the house announced Wednesday, in the latest example by a major fashion brand supporting the fight against Covid-19.
As store closures related to the Covid-19 crisis drag on, the list of North American retailers announcing furloughs continues to grow, with the latest announcements coming from some big names.
The company's board has commenced its search for a new CEO, on the news that Evans plans to retire at the end of the current fiscal year, ended January 2, 2021.
One of the most successful brands in the HanesBrands portfolio, Champion, has teamed up with Owens for a collection of athletic-inspired basics imbued with the designer's avant-garde aesthetic.
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.