Barington Capital Sends Letter Calling for Change at Hanesbrands

Barington Capital Group, a shareholder of Hanesbrands Inc., has called for immediate actions to create long-term shareholder value. They believe Hanesbrands' poor response to market challenges, operating performance, and excessive debt burden have led to a 51.6% decline in share price. Barington recommends reducing costs and debt, reducing inventories, and improving gross margin recovery. They also question the ability of the current board and management team to lead the company.
Latest news articles for HBI

Hanesbrands: Activist Campaign Ends With Strong Board Additions; Shares Very Undervalued

Hanesbrands Comes Under the Fire of Activist Investor Barington

HanesBrands names three directors on investor calls for action on debt - GlobalData

HanesBrands receives bids for Champion that may exceed $1B

Gabrielle Fonrouge on LinkedIn: Foot Locker's 27% plunge, guidance cut may signal trouble ahead for other…

broadridge1.jpg

Hanesbrands pressed to make changes by activist investor Barington Capital By

tm242898-5_def14a - block - 4.5312749s

Latest News for Hanesbrands Stock (NYSE:HBI) - Benzinga

Yahoo Finance - Stock Market Live, Quotes, Business & Finance News

Yahoo Finance - Stock Market Live, Quotes, Business & Finance News

hpe03132010 by High Point Enterprise - Issuu