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Hanesbrands Nicked by Sears Bankruptcy and Currency Woes

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Taking a hit from the Sears bankruptcy that brought it into the red in the quarter, Hanesbrands still saw sales rise on the strength of Champion and international units. In a Nutshell: Hanesbrands said it took a bad-debt reserve charge of $14 million related to the bankruptcy filing of Sears Holdings Corp. that “masks underlying…

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