Hanesbrands Inc. logged a strong fourth quarter, but it wasn’t enough to push the company to a net profit gain for the year. Chairman and chief executive officer Richard Noll, however, noted the firm gained momentum in the second half, paid down debt and was well positioned for 2013.
The Winston-Salem, N.C.-based company’s fourth-quarter profits rose 96.2 percent to $80.4 million, or 80 cents a diluted share, from $41 million, or 41 cents, a year earlier.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"