A torrent of retail de-stocking activity, comparable in intensity to the aftermath of the 2008 financial crisis, took a heavy toll on Hanesbrands Inc.’s fourth-quarter sportswear business, pushing down quarterly revenues and pulling profits below expectations.
Richard Noll, chairman and chief executive officer of the Winston-Salem, N.C.-based apparel giant, said the quarter began with sales at the company and the sell-through of its products at retail conforming to expectations.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
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