NEW YORK — Sara Lee Corp. is getting closer to spinning off its branded apparel business to stockholders.
The spin-off of Hanesbrands Inc. is expected to happen this summer, the company said in a statement Wednesday. The business, which includes brands such as Hanes, Champion, Playtex, Bali, Just My Size, Barely There and Wonderbra, added $4.7 billion in net sales to Sara Lee’s top line in 2005.
"I was driving back on Saturday afternoon from the beach, and I just saw this sign saying 'Skydiving for $95.' And I was like, I can't not sky dive for $95," says Tom Bateman about a moment in Hawaii while shooting "Snatched." #wwdeye (📷: @vsteves; Interview by @ktauer; Styled by @thealexbadia)