Hanesbrands is looking to improve its margins and focus more...

2012-06-01T00:00:00

Hanesbrands is looking to improve its margins and focus more on its branded portfolio in the Americas and Asia, and one of its actions is selling it European imagewear division. Smartwear will buy the division, which accounts for about 8 percent of Hanesbrands' revenues, for €15 million. Hanesbrands said that ...

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