Corporate and M&A

S&P maintains a negative outlook for Champion’s parent

2021-05-19T16:01:00

Standard & Poor’s was only partially impressed by the presentation of Hanesbrands’ new business plan by its new CEO, Steve Bratspies. The rating agency maintained a negative outlook on the parent company of Champion, citing an “execution risk” for the three-year growth plan due to increased capital investment and marketing ...

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