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 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)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)