Hanesbrands reported gains in both third-quarter net income and net sales, due in part to growth in the innerwear category.
For the three months ended Sept. 29, net income rose 21 percent to $109.9 million, or $1.09 a diluted share, from $90.8 million, or 91 cents, last year. Net sales rose 2.8 percent to $1.22 billion from $1.19 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)