Financial reporting

Activist investor wants changes at Hanesbrands

By 2023-08-10T06:14:00

HanesBrands_Stacked

Barington Capital Group, a New York hedge fund manager, fired off a five-page letter to Hanesbrands’ Chairman Ronald L. Nelson on Aug. 7 demanding significant changes at the apparel firm and parent of Champion. The activist investor, led by James Mitarotonda, wants the underwear and activewear company to create long-term ...

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