top shadow
BODY



































Trade Readers:
I am a STORE BUYER or OWNER
I am a Manufacturer’s Rep
I am a Distributor
I am a Textile Supplier
I am a Banker or Factor
I am an OEM Producer
I want to receive more info from this company about its products
I want to receive a catalog from this company
I want to learn more about carrying this brand in my store; have them contact me
I would like to become a manufacturer’s representative for this company; have them contact me
I want to comment on this brand
I am a store owner/buyer who would recommend this brand to other stores

Consumer Readers:
I am a CONSUMER
I am a consumer who wants to purchase garments from this company; have someone contact me
I am a consumer who wants to know how/where to purchase this product

I am a consumer who would like a consumer catalog, if you provide one
I am a consumer who would recommend this brand












current news

Hanesbrands’ 3Q Sales Drop 8%


(Filed Under Financial and General Interest News). During the third quarter ended October 3rd, 2009, Hanesbrands Inc. cited net sales totaling at $1.06 billion, an 8 percent drop from sales during the third quarter ended September 28th, 2008. Innerwear sales decreased 10 percent due to weak results in intimate apparel and socks, and hosiery sales dropped 12 percent. Outerwear sales decreased 5 percent.

According to the company, these results were in line with its expectations. “Given that we are in the midst of a recession, we had very good profit growth in the quarter and solidified business momentum for 2010,” Richard A. Noll, chairman and chief executive officer of Hanebrands, said.

“We have built a platform for future growth through our continued brand investments and low-cost global supply chain. We are protecting margins, reducing debt and substantially ramping up our production capacity to support a strong 2010, in which we expect shelf-space and distribution gains to add approximately 5 percent to our sales.”

In other news, production began in early October at Hanesbrands’ new Nanjing, China fabric plant, which will supply the company’s southeast Asia sewing facilities. As a result of what the company called “the continuing long-term declining sheer hosiery consumption in the United States,” the company announced in late October that it expects to close a sheer hosiery manufacturing facility in Winston-Salem, NC, which employs 240 workers, during 2010.

For further information, call Brian Lanz with Hanesbrands Inc: (336) 519-7130.


more Financial and General Interest News >>

Published 11-02-2009 by Amanda Torres Price

Related Articles

Hanes Still Hungers For More Acquisitions
Hanes Q3 Sales Up 17%, But Income Drops 5%
Hanes: Strong Support For L’eggs Sheer Tights
Hanes To Buy European Underwear Firm DBA
Hanes Sales Rose, Profits Doubled In 2013
HanesBrands Closes Maidenform Acquisition
Hanes: Will Soon Close Maidenform Acquisition
Hanes Agrees to Acquire Maidenform for $575 M
Hanes Names Moran of PetSmart To Its Board
Hanes Profits Up, Sales Down In First Quarter


Comment on this article, brand or product

Disclaimer: The views expressed in comments published on bodymagazine.us are those of the comment writers alone. They do not represent the views or opinions of Bodymagazine or its staff.















NOTE: Your Email will not be displayed.

Related pictures

Follow BODY on:
twitter FaceBook RSS
Share this article on:
Digg Reddit Stumble

Contact Information: (718)676-4444
Copyright © 2012 Fashion Market Magazine Group, Inc. All rights reserved.
All photos Copyright © 2000-2013 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to bodymagazinefmmg@gmail.com
bottom shadow
*