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Article Date: September 2019
Word Count: 312

Hanesbrands Talks Tariffs and Champion


The Champion parent averred that its exposure to the trade war is minimal, with no owned facilities in the PRC and just 3% of its U.S. cost of goods coming from there, in a round table discussion at the Goldman Sachs investor conference. In addition, it has action plans in place that are expected to further reduce imports from China to the U.S. over the next 12 to 18 months. HBI plans to return to the M&A hunt soon, after almost two years in debt reduction mode. It expects to have worked down its debt to its target range of ... Log in to view full article.

 


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