A torrent of retail de-stocking activity, comparable in intensity to the aftermath of the 2008 financial crisis, took a heavy toll on Hanesbrands Inc.’s fourth-quarter sportswear business, pushing...
February 16, 2012
Hanesbrands Misses Estimates as December Weighs on Quarter
Retail de-stocking began early and rivaled 2008 levels in intensity, ceo Richard Noll said.
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