
Hugo Boss warns of flat growth ahead
CEO Daniel Grieder said in the report that the “robust bottom-line improvements” would be the result of “a relentless focus on maintaining cost discipline and driving additional efficiencies.”
CEO Daniel Grieder said in the report that the “robust bottom-line improvements” would be the result of “a relentless focus on maintaining cost discipline and driving additional efficiencies.”
“HanesBrands today is a more consumer-centric global operating company better prepared and strategically positioned to leverage our brands, innovation, marketing, talent, and supply chain capabilities around the world,” Bratspies said in the release.
However, due in part to the fact that stores are increasingly serving as fulfillment centers for same or next-day pickup or delivery, the industry is far from morphing into a post-store era, UBS said.
Weinberg said domestic DTC sales improved 3.7% on top of last year’s 14% increase due chiefly to strong e-commerce growth as more consumers chose to shop online.
Full-time employees are also eligible for first day benefits that include health care coverage and education tuition assistance.
In a November conference call CEO Carlos Alberini also said the company was working to reclaim its “denim legacy,” citing a focus on new retail concepts as well as providing more “dressy” offerings along with the “more casual product assortment that was part of our brand’s DNA” since its inception.