NEW YORK — Continuing to sharpen its focus on its core apparel brands, Sara Lee Corp. has sold its Italian hosiery business to Gilfin SpA, the parent company of Golden Lady SpA.

The sale of Filodoro Calze SpA includes its Spanish and Portuguese hosiery operations. While financial terms of the transaction weren’t disclosed, Sara Lee said the divestiture isn’t expected to have a material impact on its second-quarter results, which are scheduled to be released Jan. 22.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus