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    Hanesbrands downgraded by Moody’s

    2020-04-09T16:02:00Z

    Hansebrands, the parent company of Champion, sees its corporate family rating downgraded by Moody’s from ”stable” to “negative.” The rating agency cites the closure of retail stores and the possibility of a protracted reduction in apparel consumption because of the coronavirus outbreak. The company said that it is guaranteeing the ...