Hanesbrands Inc. topped off a difficult year with a strong fourth quarter led by its Champion brand, which has posted double-digit sales growth for three consecutive years.
In the fourth quarter ended Dec. 29, income jumped 109.3 percent to $49.8 million, or 52 cents a share, from $23.8 million, or 25 cents, in the same year-ago period. Sales rose 2.4 percent to $1.16 billion from $1.13 billion.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)