Hanesbrands is looking to Alternative to mix up product, but the use of sustainable and recycled materials could be on the line.
The basics company is looking to Alternative for a product infusion and online growth.
For the 12 months ended June 2017, 30 percent of the combined dollar volume of bras, panties and shapewear stemmed from plus-size purchases, according to The NPD Group.
The company also reaffirmed full-year guidance for 2017.
The Belgian designer will unveil the four styles in a presentation on June 21 during Paris Men’s Fashion Week.
A battle between Hanes and a start-up, France’s Photoshopping law and class-action suits over Fyre Festival are the latest legal actions.
A new cost-cutting initiative has the company cutting hundreds of employees, shuttering outlets and quitting e-commerce in the U.S.
Net sales grew 5 percent over the year due to acquisitions, and operating profit grew 6 percent.
Stocks are lower as MasterCard and PayPal expand their relationship and Hanesbrands celebrates 10 years as a publicly traded company.
A stalling economy and a drop in clothing and footwear spending contrasted with a strong jobs report.