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Democrats trade on anger to win North Carolina
...52, intends to vote Republican for governor but Obama for president.He owns a bicycle shop and says he was "bothered" when Hanesbrands, the clothing company, announced last month that it would shut a plant in nearby Eden with the loss of 600 jobs. "Folks won't...
Wall Street slides on labour cost data
...that it had completed the spin-off of its apparel group Hanesbrands, which includes the Wonderbra and Champion Sports brands. Sara Lee climbed 4.1 per cent to $14.78, while Hanesbrands climbed 6.6 per cent to $21.11 on its first day of trading...
Sara Lee studies buy-out options
...cookies-to-clothing product line to focus on speciality meats, bread, personal products and beverages.Last month the company spun off Hanesbrands, and in June it agreed to sell its European meats business to Smithfield Foods for $575m. But the restructuring plan has...
LBOs/Sara Lee
...management is not trying. The latest "transformation plan " under Brenda Barnes, chief executive, has seen the spin-off of Hanesbrands, a collection of clothing lines, to help focus on food and household businesses. The idea is to streamline operations and...
