The Top 50: Do Acquisitions Hurt the Industry?

As we were preparing our Top Distributors issue, news broke of four major industry shakeups. In the span of two weeks, Ennis announced plans to sell off Alstyle Apparel to an undisclosed buyer (later revealed to be Gildan Activewear), Hanesbrands Inc. acquired Champion Europe and Pacific Brands Limited, Taylor Corp. bought Staples Print Solutions, and private equity…

Read More

HanesBrands Reports First-quarter 2013 Financial Results

HanesBrands recently reported its first-quarter 2013 net sales, operating profit and diluted earnings per share. For the quarter ended March 30, 2013, net sales declined 3 percent to $945 million, operating profit increased substantially to $85 million, and EPS improved to $0.51 from a $0.25 loss a year ago.

Read More