Standard & Poor’s maintained its skepticism of HBI’s prospects, citing execution risk associated with the newly announced Full Potential realignment and growth strategy in keeping its negative outlook. Hanesbrands’ issuer credit rating was maintained at BB, with a BBB- rating on its senior secured debt, and a BB rating on its senior unsecured debt. The evaporation of PPE sales combined with discontinuing its European innerwear business will reduce revenues mid-single digits this year, and HBI is counting on mid-teens CAGR from Champion along with a contribution from innerwear to ... Log in to view full article.