Even though it has announced a redundancy plan for Europe, the Hanesbrands group (Hanes, Champion, Dim...) has posted record results for its first quarter, with notably a 26% increase in its net income.
Vivarte has appointed Massimiliano Messina its new COO. A specialist in difficult situations and periods of transition, he replaces Pierre Trotot, former Deputy General Manager, who is leaving the group.
The American group has inaugurated a new 915,000 ft² factory that can produce up to 67 million units per year in the north of the country. It will be dedicated to the fabrication of woven boxers and bras.
Underwear maker Hanesbrands said it will buy former sister company DBApparel in a deal valuing the company at 400 million euros ($545 million) on an enterprise basis, bringing back together two global lingerie brands.