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The Largest Underwear Manufacturer In The United States Rose 27.1% In The Two Quarter.

2014/7/26 13:57:00 44

UnderwearManufacturerProfit

Less than P, which has benefited from continuous mergers and acquisitions in the past year, the two quarter sales of HanesBrands, the largest underwear manufacturer in the United States, increased from 121 million 600 thousand US dollars in the same period last year to US $154 million 600 thousand, and net profit rose 27.1%.

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< p > according to the earnings report, it benefited from Maidenform Brands of July 2013 a href= "http:// www.sjfzxm.com/news/index_c.asp" > acquisition < /a >. In the two quarter, the revenue of Innerwear Department rose by 114.7% to 788 million 300 thousand US dollars, operating profit rose 19% to 181 million 700 thousand dollars, and the total revenue of the group rose 11.9% to 1 billion 342 million 100 thousand dollars.

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Richard Noel, chairman and chief executive officer of P > HanesBrands, has said that the acquisition of Maidenform Brands will bring more than $500 million annual incremental revenue to HanesBrands over the next three years, and the group's annual revenue will exceed 5 billion dollars.

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< p > the end of last month, < a href= "http://? Www.sjfzxm.com/news/index_c.asp" > HanesBrands < /a > with about $545 million in cash before the acquisition of sister company DBApparel.

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< p > HanesBrands indicates that < a href= "http:// www.sjfzxm.com/news/index_c.asp" > DBApparel < /a > will be the 89% business from the US domestic HanesBrands to develop the European market. It is estimated that the annual revenue will increase by 875 million US dollars in 3-4 years after the completion of the paction.

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< p > related links: < /p >


< p > the "big landlord" holding about 4 million 200 thousand square meters of land resources, Shanghai textile (Group) Co., Ltd. is going to start the pformation of industrial land, and will start the first two major projects -- Baoshan R & D headquarters project and Zhabei business office project.

After that, Shanghai Textile Group will develop 6 fashionable real estate projects with a total investment of more than ten billion yuan.

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< p > recently, mayor Yang Xiong of Shanghai once again stressed that the state owned enterprise reform should be steadily promoted according to the 20 state owned enterprise reform in Shanghai. The reform of state owned enterprises in Shanghai mainly includes 3 key tasks: 1, the development of a mixed ownership economy through the promotion of the shareholding system reform of the company, the open market restructuring and the encouragement of equity incentive and employee stock ownership.

2, at present, two platforms are being built, and the next step is to start the mobile platform of state capital in a substantive way.

3, establish and improve the enterprise classification supervision system.

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< p > the responsible person of Shanghai textile group said that according to the deployment of Shanghai SASAC, Shanghai Textile Group will carry out a new round of state owned enterprise reform. In this reform plan, the real estate business has become one of the main business of the group. It is positioned as "nurturing the main industry", and develops its own land resources through deep development, supports the development of the main business of the group, and supports the development of the fashion industry.

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