Oct 29, 2010
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Hanesbrands boosts its Q3 sales by 10.8%

Oct 29, 2010

The apparel manufacturer has increased its sales by 83 million Euros (115 million dollars) in the third quarter compared to last year, reaching 842 million Euros compared to 763 previously. A result partly due to the acquisition of Gears for Sport, which is beginning to show its worth.


Abroad, sales particularly showed promise; a 13% increase. Argentina, Brazil, Mexico and India even recorded double digit growth. Sales of innerwear (Playtex, Wonderbra ...) increased by 10%, notably with men's underwear that rose with double digits too. But it is outerwear particularly that has strengthened its sales, with an increase of 19%, primarily thanks to brands Champion, Hanes and Just My Size.

With its strong results, the group is counting on announcing some 3.09 billion Euros in sales for its annual review; an increase of ten percent compared to the 2.8 billion last year.

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