×
3 352
Fashion Jobs
HEAD OFFICE
Buyer, Waitrose & Partners (Level 7)
Permanent · BRACKNELL
JOHN LEWIS
Loss Prevention Partner
Permanent · DARTFORD
HEAD OFFICE
Buyer, Waitrose & Partners (Level 5)
Permanent · BRACKNELL
SELFRIDGES
Product Manager
Permanent · LONDON
NEW LOOK
Sales Manager
Permanent · METROCENTRE
FRASERS GROUP
HR Business Partner
Permanent · SHIREBROOK
EVERLAST GYMS
General Assistant - Everlast Fitness (Maternity Cover)
Permanent · ROYTON
PHV
Marketing Executive, UK, Ireland & Nordics (Tommy Hilfiger)
Permanent · London
JIGSAW
Warehouse Operative
Permanent · SWINDON
TJX EUROPE
Loss Prevention Graduate Programme (2023)
Permanent · Grand Londres
ZARA
Visual Merchandising Manager (Kidswear) - Zara - Kingston
Permanent · KINGSTON UPON THAMES
SELFRIDGES
Loss Prevention Inventory Analyst
Permanent · LONDON
HUGO BOSS UK LTD.
Finance Analyst - Retail
Permanent ·
DR. MARTENS
Senior Treasury Analyst
Permanent · LONDON
HARVEY NICHOLS
Press & Marketing Manager - Liverpool
Permanent · LIVERPOOL
FARFETCH
CRM Manager - Farfetch Platform Solutions
Permanent · LONDON
HEAD OFFICE
Senior Business Analyst – Home Insurance
Permanent · LONDON
HEAD OFFICE
Buyer, Waitrose & Partners (Level 7)
Permanent · BRACKNELL
HEAD OFFICE
Buyer, Waitrose & Partners (Level 5)
Permanent · BRACKNELL
BOOHOO
CRM Assistant
Permanent · MANCHESTER
AUTUMNPAPER LIMITED
Alexander Mcqueen Store Planning Procurement & Facilities Manager
Permanent · LONDON
SELFRIDGES
Production Manager - Ftc
Permanent · LONDON
Ads
Published
Nov 3, 2014
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Hanesbrands: 17% increase in sales thanks to acquisitions

Published
Nov 3, 2014

A third consecutive quarter with double-digit growth in net sales for Hanesbrands thanks to its acquisitions. The American group specialized in underwear and activewear (Hanes, Champion...) thus ended its third quarter on September 27 with a 17% (€1.4 billion) increase in revenue, an entirely logical sum given the acquisition of Maidenform less than a year ago, and DBApparel (Dim) two months ago.


Source: Dim


If the new brands that were not present in the Hanesbrands scope in the previous financial year are not taken into account, the comparable increase is +1%.

Maidenform contributed $115 million in the overall revenue, while DBApparel contributed $81 million for the period of just one month, as of the acquisition on 29 August.

However, the third semester operational result dropped 13%, to $154 million, due to the earnings before taxes tied to the acquisitions. Not including this data, Hanesbrands posts a 23% increase in its "adjusted" operating profit.

The forecasts for the complete financial year remain unchanged, with an expected overall revenue of around $5.4 billion. This third quarter marked the end of Maidenform's integration period.

Copyright © 2023 FashionNetwork.com All rights reserved.