Advertisement
HanesBrands To Evaluate Strategic Options For Global Champion Business
(RTTNews) - HanesBrands, Inc. (HBI) announced Tuesday that its Board of Directors and executive leadership team, with the assistance of financial and legal advisors, are undertaking an evaluation of strategic options for the global Champion business.
As part of this process, the Board will consider a broad range of alternatives to maximize shareholder value, including, among others, a potential sale or other strategic transaction, as well as continuing to operate the business as part of HanesBrands.
The company said there can be no assurance that its assessment process for the global Champion business will result in HanesBrands pursuing any particular transaction or other strategic outcome regarding Champion.
read more
HanesBrands Slashes FY23 Outlook - Update
While reporting financial results for the second quarter on Thursday, basic apparel maker HanesBrands, Inc. (HBI) provided earnings and net sales guidance for the third quarter, and lowered its earnings and sales forecast for the full-year 2023.
RTTNews
|
665 hari yang lalu
HanesBrands Inks Multi Year Apparel Agreement With UCLA
HanesBrands (HBI), the world's largest supplier of collegiate fan apparel, and the University of California, Los Angeles or UCLA, announced Tuesday a multi-year apparel agreement that gives HBI exclusive rights to design, manufacture and distribute high-quality, on-trend Bruins fanwear in the mass retail channel.
RTTNews
|
821 hari yang lalu
Swiss Market Ends Marginally Up
The Switzerland market, which stayed positive till well past noon on Thursday, suffered a mild setback in the penultimate hour of the session, but recovered to end the day's session marginally higher.
Investors reacted positively to the European Central Bank's decision to lower interest rate by 25 basis points.
RTTNews
|
16 minit yang lalu
European Stocks Close Slightly Higher
European stocks closed slightly higher on Thursday with investors digesting the European Central Bank's interest rate decision, and a slew of regional economic data, in addition to assessing the potential impact of Trump Administration's tariff moves on global trade and growth.
RTTNews
|
30 minit yang lalu
Canadian Market Modestly Higher In Cautious Trade
Canadian stocks are turning in a mixed performance on Thursday with investors largely making cautious moves, looking ahead to the crucial U.S. and Canadian jobs data due on Friday.
RTTNews
|
1j 12min yang lalu
U.S. Labor Productivity Slumps 1.5% In Q1, Much More Than Previously Estimated
Revised data released by the Labor Department on Thursday showed U.S. labor productivity tumbled by much more than previously estimated in the first quarter of 2025. The Labor Department said labor productivity slumped by 1.5 percent in the first quarter compared to the previously reported 0.8 percent decline. Economists had expected the decrease by labor productivity to be revised to 0.7 percent.
RTTNews
|
3j 43min yang lalu
U.S. Trade Deficit Narrows Substantially In April As Imports Plummet
Largely reflecting a sharp pullback by the value of the imports, the Commerce Department released a report on Thursday showing a substantial decrease in the size of the U.S. trade deficit in the month of April. The Commerce Department said the U.S. trade deficit narrowed to $61.6 billion in April from a revised $138.3 billion in March.
RTTNews
|
4j 0min yang lalu
U.S. Jobless Claims Unexpectedly Rise To Nearly Eight-Month High
With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly increased in the week ended May 31st. The report said initial jobless claims climbed to 247,000, an increase of 8,000 from the previous week's revised level of 239,000.
RTTNews
|
4j 19min yang lalu
