Hanesbrands saw sales climb 2 percent in the third quarter ended Sept. 30, to $1.8 billion, returning to organic sales growth, for the first time in eight quarters. The firm now expects full-year sales of $6.45 billion.
Nordstrom and Hanes partnered with Coca-Cola, Peanuts, Nicopanda, Opening Ceremony and close to 40 brands on a t-shirt collection. The collection is available online and at select stores through September 24.
Indian Apparel and textile major Arvind’s e-commerce platform NNNow is planning to enter the booming fashion e-commerce market by expanding its brand portfolio and offer global brands not owned or marketed by the firm.
Hanes saw a 13% lift in net sales in the first quarter, led by acquisitions in 2016 and online sales. The North Carolina-based firm also launched a Project Booster initiative to generate $300 million in net cash by 2020.
Canada's Gildan Activewear plans to keep making key styles from its recently acquired American Apparel brand in the United States but will also manufacture some products elsewhere, a company spokesman said on Thursday.