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Hanesbrands’ Net Income Down 44% in Q3

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

Hanesbrands said it continues to face profitability headwinds, such as negative manufacturing conditions and higher expenses. In a Nutshell: Hanesbrands Inc. delivered strong sales, operating profit and cash flow on improving business trends in the third quarter, despite continued market disruption from the Covid-19 pandemic. The company had another strong cash flow quarter, generating $249…

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