Hanesbrands’ Recovery Called Out by S&P
S&P Global said a favorable outlook for Champion’s global sales growth underpins Hanesbrands’ emergence from the volatility brought on by the pandemic, as it affirmed HBI’s BB issuer credit rating and issue-level rating on senior unsecured debt. Champion sales are now expected to hit $3.2 billion by 2024, up from the previous target of $3.0 billion, helped by a durable trend toward casual clothing, and growing ... Log in to view full article.