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Article: Hanesbrands Inc. Announces 5 Percent Sales Growth Expected in 2010 from Net Shelf-Space Gains with Major Retail Accounts.
- Article from:
- Marketing Weekly News
- Article date:
- November 14, 2009
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Hanesbrands Inc. (NYSE: HBI), one of the world's largest apparel essentials companies, announced that it has secured significant net retail shelf-space and distribution gains that are expected to add approximately 5 percent sales growth in 2010.
The company expects the sales growth based on current shelf-space and program gains that significantly outnumber space and program losses, even if consumer spending patterns continue at today's recessionary levels.
Hanesbrands is using its brand strength and low-cost global supply chain as a growth platform to increase market share over time and expand distribution. The company is generating net space gains ...