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Hanes news and archive

Management

Covid-19 impact: HanesBrands posts drop in Q1 sales

First-quarter net sales at HanesBrands were 1.32 billion dollars compared with 1.59 billion dollars a year ago. The company said in a statement that year-ago quarter included net sales of 94 million dollars from the now exited C9 Champion mass program and the DKNY intimate apparel license. Excluding the exited programs, the impact of Covid-19,...

Apr 30, 2020

Report

Hanes starts making medical coronavirus-fit masks

New York - During an update briefing Saturday, President Donald Trump announced that many U.S. apparel companies are joining the race against coronavirus. Hanes is one of them, which is taking the lead on the manufacturing of medical-approved masks. "There’s a move on that’s incredible right now, and by way of example, Hanes ... is retrofitting...

Mar 23, 2020

Management

HanesBrands posts 24 percent increase in Q4 EPS

HanesBrands, for the fourth quarter ended December 28, 2019, reported net sales of 1.75 billion dollars, decrease of 1 percent while constant-currency organic sales increased slightly. For the full year, net sales increased 2 percent to 6.97 billion dollars. The company said in a statement that fourth-quarter GAAP EPS and adjusted EPS excluding...

Feb 7, 2020

Management

HanesBrands reports rise in Q1 net sales and earnings

For its first quarter, HanesBrands reported net sales increase of 8 percent to 1.59 billion dollars and organic sales in constant currency increase of 10 percent, the seventh consecutive quarter of constant-currency organic growth. The company said sales were fuelled by strong US activewear growth, broad-based international growth, and increased...

May 2, 2019

Fashion

Nordstrom partners with Hanes

Luxury department store Nordstrom has partnered with US retailer Hanes, launching a collaboration collection of t-shirts. Made up of nearly 100 t-shirts, the collection features designs by 40 brands including A.L.C, Opening Ceremony, Coca-Cola, Peanuts and artists Alessandra Olanow and Ashkahn. The designs feature recognisable graphics such as...

Aug 22, 2017