After suffering a cyberattack that cost it $100 million in net sales, HanesBrands is pressing forward with its efforts to remake its supply chain and innovate its products. “Our second-quarter results fell below our expectations as a result of unexpected events and the difficult global...
In today’s top retail news, HanesBrands posted $1.51 billion in net sales from continuing operations for Q1, while L Brands’ board has unanimously approved a plan to split up the firm into two public and independent companies. Plus, The RealReal reported Q1 gross merchandise value...
HanesBrands Inc. posted $1.51 billion in net sales from continuing operations for the first quarter concluding April 3, 2021, marking a 25 percent jump from $1.20 billion for the timeframe concluding March 28, 2020, according to a Tuesday (May 11) announcement. The apparel company posted $570...
February 02, 2023
HanesBrands says retailers’ decisions to reduce inventories has led to a slump in sales. The apparel maker reported quarterly earnings Thursday (Feb. 2) showing that innerwear sales had fallen 19% compared to the year before. “The year-over-year sales performance was driven by macroeconomic pressures that weighed on consumer spending as well as the continued impact […]
August 11, 2022
After suffering a cyberattack that cost it $100 million in net sales, HanesBrands is pressing forward with its efforts to remake its supply chain and innovate its products. “Our second-quarter...
May 11, 2021
HanesBrands Inc. posted $1.51 billion in net sales from continuing operations for the first quarter concluding April 3, 2021, marking a 25 percent jump from $1.20 billion for the timeframe concluding...
