Hanesbrands launched an exclusive new T-shirt collection in celebration of National Park Week.
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.