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Destocking issues give Coats a tough half-year ride

Destocking issues give Coats a tough half-year ride Widespread industry destocking and tough year-ago comparisons have continued to hurt Coats Group with the UK-based threads and footwear components giant seeing its half-year revenues and earnings fall. Coats In the six…

Frasers Group buys more ASOS shares

Frasers Group buys more ASOS shares Frasers Group has continued its stake-building in ASOS, moving up to now own 10.6% of the under-pressure digital fashion giant. ASOS It marks the third time Frasers has raised its stake in a fortnight,…

HanesBrands names new CFO

HanesBrands names new CFO HanesBrands announced on Tuesday that interim chief financial officer Scott Lewis has been appointed chief financial officer, effective immediately. HanesBrand The owner of the Champion Joining HanesBrands 17 years ago, with an extensive background in accounting, tax, controllership, and…