Soft Demand Hurts Hanesbrands (HBI), Innovations Offer Respite

Hanesbrands Inc. (HBI) is battling with greater-than-anticipated challenges in the sales environment, which is hurting its performance. The basic apparel company is battling weakness in the Activewear segment. Weakness in the International unit is also concerning.Hanesbrands’ reignite Innerwear strategy continues to gain traction. Also, the company’s ongoing cost curtailment efforts are offering respite.Let’s delve deeper.Volatile Sales EnvironmentHanesbrands is operating amid a challenging sales environmen ...